regulatory
confidence high
sentiment neutral
materiality 0.65
Nexalin Technology regains Nasdaq $1.00 minimum bid price compliance, faces $2.5M equity deadline
Nexalin Technology, Inc.
- Nexalin Technology (NXL) received Nasdaq notification on Sept 30, 2026 confirming regained compliance with Listing Rule 5550(a)(2)'s $1.00 minimum bid price.
- Nasdaq Hearings Panel's Sept 25, 2026 notice granted continued listing, requiring compliance with the $1.00 bid price by Sept 28, 2026.
- Nexalin must demonstrate minimum stockholders' equity of $2,500,000 under Nasdaq Rule 5550(b)(1) by Jan 4, 2027 or face delisting from Nasdaq Capital Market.
- CEO Mark White signed the Oct 1, 2026 report; Nexalin said it intends to take all steps necessary to meet the equity requirement, with no assurance of success.