{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-010685","form_type":"8-K","ticker":"NXL","cik":"0001527352","company_name":"Nexalin Technology, Inc.","filed_at":"2026-10-01T21:00:14+00:00","discovered_at":"2026-10-01T21:02:00.306140+00:00","generated_at":"2026-10-12T14:27:03.421270+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nexalin signs 10-year exclusive distribution deal for Nexalin Sync across seven South American countries","bullets":["10-year exclusive distribution rights for Nexalin Sync across Brazil, Argentina, Chile, Uruguay, Paraguay, Ecuador and Venezuela (300M+ people), auto-renewing for successive 10-year terms.","Binding initial purchase order at signing; 5 Nexalin Sync devices delivered for a Brazil clinical pilot targeted within 90 days, with 5 more ordered within 12 months.","Initial 100-device commercialization program with tiered per-device pricing; exclusivity requires minimum revenue to Nexalin within 30 months of pilot launch, then annually.","At 30 devices purchased, distributor INOVANEXA MEDICAL TECHNOLOGIES S.A. must build a Brazil plant at its own cost; Nexalin gets fixed per-device fees plus royalties on disposable electrodes.","Nexalin keeps all IP and exclusively supplies encrypted circuit boards; ANVISA approval covers anxiety, depression and insomnia; USP trial reported 77.8% anxiety response."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-010685","json":"https://secwatch.observer/filing/0001829126-26-010685.json","markdown":"https://secwatch.observer/filing/0001829126-26-010685.md","text":"https://secwatch.observer/filing/0001829126-26-010685.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527352/000182912626010685/0001829126-26-010685-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527352/000182912626010685/nexalintec_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:27:03.421270+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}