other material
confidence high
sentiment neutral
materiality 0.50
Nexalin announces 1-for-30 reverse stock split effective Aug 28, 2026
Nexalin Technology, Inc.
- 1-for-30 reverse stock split effective Aug 28, 2026 at 5:00 pm ET; trading on split-adjusted basis Aug 31, 2026.
- Every 30 shares combine into 1 share; par value unchanged at $0.001; new CUSIP 65345B300.
- No fractional shares; cash payment for fractional entitlements at closing price on Aug 28, 2026.
- Split intended to ensure compliance with Nasdaq bid-price rule; ticker remains NXL.