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Nexalin Technology Closes Additional Share Offering

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Nexalin Technology Closes Additional Share Offering

Confident Investing Starts Here:

An update from Nexalin Technology, Inc. ( (NXL) ) is now available.

Nexalin Technology, Inc. entered into an underwriting agreement with Maxim Group LLC on May 4, 2025, to sell 3,850,000 shares of its common stock at $1.30 per share. On June 6, 2025, the company closed the offering of 240,000 additional shares, resulting in gross proceeds of $312,000, impacting its financial position.

The most recent analyst rating on (NXL) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Nexalin Technology, Inc. stock, see the NXL Stock Forecast page.

More about Nexalin Technology, Inc.

Average Trading Volume: 107,105

Technical Sentiment Signal: Strong Sell

Current Market Cap: $22.16M

See more data about NXL stock on TipRanks’ Stock Analysis page.

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