other material
confidence high
sentiment neutral
materiality 0.60
Nexalin Technology increases ATM offering capacity to $10M from $3.1M
Nexalin Technology, Inc.
- Amendment No. 2 to equity distribution agreement with Maxim Group LLC executed Oct 15, 2025.
- Maximum aggregate offering price raised from $3.1M to $10M.
- As of Oct 15, 2025, approximately $4,273,859 remains available for sale under the ATM program.
- Shares sold under shelf registration statement on Form S-3 (File No. 333-286711).
- Company is an emerging growth company; common stock trades on Nasdaq under ticker NXL.