Nexalin Technology Files 8-K on Security Holder Vote Matters

TL;DR

Nexalin Tech (NXL) filed an 8-K on 8/26 for a shareholder vote. Keep an eye on what they're voting on.

AI Summary

Nexalin Technology, Inc. filed an 8-K on August 26, 2024, reporting on the submission of matters to a vote of its security holders. The filing details the company's corporate structure, including its state of incorporation (Delaware) and fiscal year end (December 31). It also lists the company's business and mailing address in Houston, Texas, and its primary business phone number.

Why It Matters

This filing indicates that Nexalin Technology is engaging its shareholders on important corporate decisions, which could impact the company's future direction and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine filing related to corporate governance and shareholder voting, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

• Nexalin Technology, Inc. (company) — Registrant
• August 26, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Houston, TX (location) — Business and mailing address

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share NXL The Nasdaq Stock Mark

Filing Documents

• nexalintec_8k.htm (8-K) — 39KB
• 0001829126-24-006067.txt ( ) — 253KB
• nxl-20240826.xsd (EX-101.SCH) — 4KB
• nxl-20240826_def.xml (EX-101.DEF) — 26KB
• nxl-20240826_lab.xml (EX-101.LAB) — 36KB
• nxl-20240826_pre.xml (EX-101.PRE) — 25KB
• nexalintec_8k_htm.xml (XML) — 6KB

07 Submission of Maters to a Vote of Security Holders

Item 5.07 Submission of Maters to a Vote of Security Holders. The annual meeting (the "Annual Meeting") of the stockholders of Nexalin Technology, Inc. (the "Company") was convened at 10:00 a.m. Eastern time on August 26, 2024. Of the 10,586,562 shares of the Company's common stock, par value $0.001 per share (the "common stock"), outstanding at the close of business on July 17, 2024, the record date for the Annual Meeting, 6,387,869 shares of common stock were present or represented by proxy at the Annual Meeting. At the Annual Meeting, the Company's shareholders voted on the three proposals described below. The final voting results for each proposal are set forth below. Proposal One: Election of five directors of the Company: Name For Against Abstained Leslie Bernhard 3,568,483 0 52,604 Mark White 3,574,941 0 46,146 David Owens, M.D. 3,561,825 0 59,262 Alan Kazden 3,531,212 0 89,875 Ben V. Hu, M.D. 3,531,626 0 89,461 Proposal Two: Approval of an amendment to the Company's 2023 Equity Incentive Plan (the "Plan") to increase the number of shares reserved for issuance under the Plan: For Against Abstained 3,063,369 330,557 227,161 Proposal Three: Ratification of the appointment of Marcum LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024: For Against Abstained 6,225,082 38,391 124,396 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. NEXALIN TECHNOLOGY, INC. By: /s/ Mark White Mark White Chief Executive Officer Dated: September 3, 2024 2

View Full Filing

View this 8-K filing on SEC EDGAR