regulatory
confidence high
sentiment negative
materiality 0.90
Nexalin receives Nasdaq delisting notice for equity shortfall; hearing set for Sept 1
Nexalin Technology, Inc.
- Stockholders' equity of $1,519,423 as of June 30, 2026, below $2,500,000 minimum required by Nasdaq Rule 5550(b)(1).
- Nasdaq also cites prior bid price deficiency; hearing before Panel scheduled for September 1, 2026.
- Company intends to present compliance plan at hearing; no assurance of continued listing.
- Delisting would materially harm liquidity, market price, and ability to raise capital.
Featured in Daily 8-K Digest
Selected #2 for 2026-08-17.
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