Nexalin Technology Files 8-K
Ticker: NXL · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1527352
Sentiment: neutral
Topics: 8-K, corporate-event
Related Tickers: NXL
TL;DR
Nexalin Tech filed an 8-K on 2/6 for an event on 2/3. Details TBD.
AI Summary
Nexalin Technology, Inc. filed an 8-K on February 6, 2025, reporting an event on February 3, 2025. The filing is a current report under the Securities Exchange Act of 1934, with no specific details on the event provided in the header information.
Why It Matters
This filing indicates a material event has occurred for Nexalin Technology, Inc., requiring disclosure to investors.
Risk Assessment
Risk Level: medium — An 8-K filing signifies a material event, but the lack of specific details in the header requires further investigation to assess the full impact and associated risks.
Key Numbers
- 001-41507 — SEC File Number (Identifies the specific filing for Nexalin Technology, Inc.)
- 27-5566468 — IRS Employer Identification No. (Tax identification number for the company.)
Key Players & Entities
- Nexalin Technology, Inc. (company) — Registrant
- February 3, 2025 (date) — Earliest event reported
- February 6, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- 1776 Yorktown, Suite 550 Houston, TX 77056 (address) — Business address
FAQ
What specific event triggered this 8-K filing for Nexalin Technology, Inc. on February 3, 2025?
The provided header information for the 8-K filing does not specify the exact event that occurred on February 3, 2025.
What is the significance of an 8-K filing?
An 8-K filing is a Current Report required by the SEC to announce major corporate events that shareholders should know about.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted to the SEC on February 6, 2025.
What is Nexalin Technology, Inc.'s state of incorporation?
Nexalin Technology, Inc. is incorporated in Delaware.
Where is Nexalin Technology, Inc. headquartered?
Nexalin Technology, Inc. is headquartered at 1776 Yorktown, Suite 550, Houston, TX 77056.
Filing Stats: 547 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2025-02-06 13:55:59
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share NXL The Nasdaq Stock Mark
- $4.15 — warrants are exercisable at a price of $4.15 per share of the Company's common stock
Filing Documents
- nexalintec_8-k.htm (8-K) — 28KB
- 0001829126-25-000757.txt ( ) — 242KB
- nxl-20250203.xsd (EX-101.SCH) — 4KB
- nxl-20250203_def.xml (EX-101.DEF) — 26KB
- nxl-20250203_lab.xml (EX-101.LAB) — 36KB
- nxl-20250203_pre.xml (EX-101.PRE) — 25KB
- nexalintec_8-k_htm.xml (XML) — 6KB
01
Item 8.01. Other Events. On February 3, 2025, the Registration Statement on Form S-1 (the "Registration Statement") filed by Nexalin Technology, Inc. (the "Company") was declared effective by the Securities and Exchange Commission. The Registration Statement covers up to 2,798,613 shares of the Company's common stock, consisting of (i) up to 347,250 Shares issuable upon the exercise of the common stock purchase warrant that was issued to Maxim Partners, LLC ("Maxim Partners") as compensation for its services in connection with the Company's 2022 initial public offering; (ii) up to 2,315,000 Shares issuable upon the exercise of the common stock purchase warrants issued to purchasers of Units (containing both a share of common stock and a common stock purchase warrant) in connection the Company's 2022 public offering; and (iii) 136,363 shares of common stock issued to Maxim Partners pursuant to a renewal of its engagement agreement with the Company. All warrants are exercisable at a price of $4.15 per share of the Company's common stock.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Description 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document) 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: February 6, 2025 2