---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-010495"
form_type: "8-K"
ticker: "NXL"
cik: "0001527352"
company_name: "Nexalin Technology, Inc."
filed_at: "2026-09-28T21:15:27+00:00"
generated_at: "2026-10-12T13:38:13.605770+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Nexalin gets Nasdaq panel approval to stay listed; must hit $1.00 bid by Sept 28 and $2.5M equity by Jan 4

## Summary
- Nasdaq Hearings Panel granted continued listing on Sept 25, 2026, conditioned on meeting the minimum bid price and $2,500,000 stockholders' equity requirements.
- Company must show compliance with the $1.00 minimum bid price rule by Sept 28, 2026, including a $1.00+ closing bid for 20 consecutive sessions under Rule 5815(c)(4).
- Deadline of January 4, 2027 set to demonstrate the $2,500,000 minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1).
- Earlier staff determinations on July 24 and Aug 17, 2026 cited failures of the minimum bid price test and both Rule 5550(b) alternatives, and a miss of the $5,000,000 initial listing equity test.
- Shares continue trading on the Nasdaq Capital Market during the exception period; failure to meet the conditions would subject the stock to delisting.

## SEC filing metadata
- accession: 0001829126-26-010495
- form_type: 8-K
- ticker: NXL
- cik: 0001527352
- company_name: Nexalin Technology, Inc.
- filed_at: 2026-09-28T21:15:27+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527352/000182912626010495/0001829126-26-010495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527352/000182912626010495/nexalintec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-010495
- JSON: https://secwatch.observer/filing/0001829126-26-010495.json
- Plain text: https://secwatch.observer/filing/0001829126-26-010495.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.