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An update from NeurAxis, Inc. ( (NRXS) ) is now available.
On May 29, 2025, Neuraxis, Inc. held its annual meeting of stockholders in Carmel, Indiana, where a quorum was achieved with 59.22% of votes represented. During the meeting, six directors were elected for a one-year term, and the appointment of Rosenberg Rich Baker Berman, P.A. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. Additionally, the issuance of 20% or more of the company’s outstanding common stock upon conversion of Series B Convertible Preferred Stock was approved.
Spark’s Take on NRXS Stock
According to Spark, TipRanks’ AI Analyst, NRXS is a Neutral.
NeurAxis’ stock score reflects a mixed picture. Strong revenue growth and strategic progress, such as FDA approvals, support a positive outlook. However, significant financial challenges and valuation issues temper optimism. Technical indicators show potential for upward movement, but financial risks and profitability concerns remain significant.
To see Spark’s full report on NRXS stock, click here.
More about NeurAxis, Inc.
Average Trading Volume: 1,572,073
Technical Sentiment Signal: Buy
See more data about NRXS stock on TipRanks’ Stock Analysis page.