Company announcementCompany-reported
What was reported
HOUSTON – August 27, 2026 – Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), announces that its board of directors has approved a 1-for-30 reverse stock split of the Company’s common stock, to ensure continued compliance with the Nasdaq bid-price rule. The Company’s stockholders approved future reverse stock splits, their timing, and granted the board of directors authority to determine future exact split ratios.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Aug 27, 2026 · Open the source ↗
What the evidence supports
Nexalin Technology furnished a press release to the SEC (Form 8-K, Item 7.01) about a company announcement. It shows what the company chose to disclose on that date.
What remains unknown
Claims in the release are the company's own and have not been independently verified. Furnishing a document to the SEC does not mean the SEC reviewed or endorsed it.
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
Press release headlineNexalin Technology Announces Reverse Stock SplitU.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Aug 27, 2026 · Open the source ↗
Press release lead paragraphHOUSTON – August 27, 2026 – Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), announces that its board of directors has approved a 1-for-30 reverse stock split of the Company’s common stock, to ensure continued compliance with the Nasdaq bid-price rule. The Company’s stockholders approved future reverse stock splits, their timing, and granted the board of directors authority to determine future exact split ratios.U.S. Securities and Exchange Commission (EDGAR) · Exhibit 99.1 to 8-K · Aug 27, 2026 · Open the source ↗
Revision history
- Revision 1 · Oct 28, 2026, 20:54 UTC
Nexalin Technology Announces Reverse Stock Split
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