secwatch.observer — SEC 8-K summary
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Issuer:     Nexalin Technology, Inc. (NXL)
CIK:        0001527352
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001829126-26-000513
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexalin receives Nasdaq deficiency notice for non-compliance with $1 minimum bid price rule
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626000513/0001829126-26-000513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626000513/nexalintech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-000513

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