regulatory
confidence high
sentiment negative
materiality 0.75
Nexalin Technology, Inc. (NXL): Nasdaq/NYSE listing notice — Nexalin receives Nasdaq deficiency notice for non-compliance with $1 minimum bid price rule
Nexalin Technology, Inc.
- Received deficiency letter from Nasdaq on Jan 21, 2026 due to bid price below $1.00 for 30 consecutive business days.
- 180-day compliance period ends July 20, 2026; must close at $1.00+ for 10 consecutive trading days.
- Company states it is not currently considering a reverse stock split to regain compliance.
- If compliance not regained, Nasdaq may delist stock; Company expects OTC Markets trading as alternative.
- Stock continues to trade on Nasdaq under symbol NXL with no immediate impact on listing.