Nexalin Technology, Inc. (NXL) Form S-1/A — Oct 8, 2026
Nexalin Technology filed an S-1/A registering resale of up to 5,752,823 shares for Alumni Capital LP — 5,600,000 AMPA Shares under a $15 million committed equity facility, plus 112,500 commitment shares and 40,323 warrant shares.
Key figures
- Revenue
- 301647
- Cash Position
- 1005000
- Gross Proceeds
- 15000000
- Offering Price
- 4.32
- Shares Offered
- 5752823
- Shares Outstanding
- 1048527
- Commitment fee
- 2% of $15M (3% if delisted within 30 business days)
- Ampa discount range
- 3.0%-8.0% to market
- Reverse split ratio
- 1-for-30
- Ponm acquisition value
- 1300000
- Warrant exercise price
- 15
- Promissory note principal
- 1170000
- Atm gross proceeds oct2026
- 1900000
- Accumulated deficit jun30 2026
- 97203000
- Net loss six months jun30 2026
- 4336007
- Stockholders equity jun30 2026
- 1519423
- Shares outstanding after offering
- 6801350
- Last reported sale price oct7 2026
- $4.32 per share
- Promissory note outstanding oct2026
- 792000
- Liquidated damages for late registration
- 175000
- Registered direct offering price aug2026
- 9.3
- Nasdaq min stockholders equity requirement
- 2500000
- Ampa exchange cap shares without stockholder approval
- 149750
AI analysis
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