secwatch.observer — SEC 8-K summary
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Issuer:     Nexalin Technology, Inc. (NXL)
CIK:        0001527352
Form:       8-K
Filed at:   2026-07-27T21:25:29+00:00
Accession:  0001829126-26-007891
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626007891/0001829126-26-007891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626007891/nexalintec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-007891

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