Nexalin receives Nasdaq delisting notice for bid price non-compliance; appeals hearing requested

Nexalin Technology, Inc.

• Nasdaq notified Nexalin on July 24, 2026 that it failed to regain compliance with $1.00 minimum bid price by July 20, 2026 deadline.
• Company also ineligible for second 180-day period due to not meeting $5M stockholders' equity initial listing requirement.
• Delisting and suspension scheduled for August 4, 2026 unless appeal stays process.
• Nexalin has timely requested a hearing before Nasdaq Hearings Panel; hearing will stay suspension pending decision.
• No assurance that Panel will grant continued listing or that compliance can be regained.