secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nexalin Technology, Inc. (NXL)
CIK:        0001527352
Form:       8-K
Filed at:   2026-08-17T13:00:17+00:00
Accession:  0001829126-26-008934
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexalin receives Nasdaq delisting notice for equity shortfall; hearing set for Sept 1
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626008934/0001829126-26-008934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527352/000182912626008934/nexalintec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-008934

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer