FinancingRegulatory filing
What was reported
On August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Aug 21, 2026 · Open the source ↗
What the evidence supports
Nexalin Technology told the SEC (Form 8-K, Item 1.01) that it entered into a financing arrangement or sold its securities. The filing gives Aug 21, 2026 as the date of the earliest event reported.
What remains unknown
How much money will actually be raised or drawn, at what final price, and how it will be used beyond what the company stated. Stated amounts can be maximums or targets rather than money already received.
Figures as stated
Numbers exactly as written in the source. We don’t annualise, convert or add them up.
| Figure | In context |
|---|---|
| $1,170,000 | “On August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).” Mentions: proceeds, expenses |
| $150,000 | “On August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).” Mentions: proceeds, expenses |
| $20,000 | “On August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).” Mentions: proceeds, expenses |
| $1,000,000 | “On August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).” Mentions: proceeds, expenses |
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
Form 8-K, Item 1.01 textOn August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Aug 21, 2026 · Open the source ↗
Amount stated in the filingOn August 21, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which the Investor purchased from the Company an unsecured promissory note in the amount of $1,170,000 (the “Note”), which included an original issue discount of $150,000 (the “OID”) and reimbursement of the Investor’s transaction expenses of $20,000, for gross proceeds to the Company of $1,000,000 (the “Purchase Price”).U.S. Securities and Exchange Commission (EDGAR) · 8-K: 8-K · Aug 21, 2026 · Open the source ↗
Revision history
- Revision 1 · Oct 28, 2026, 20:54 UTC
Nexalin Technology reports entry into a material definitive agreement (Form 8-K, Item 1.01)
Spotted an error? Tell us. Corrections are published, never silent: see all corrections.