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NexGel Inc ( (NXGL) ) just unveiled an announcement.
On July 31, 2025, NEXGEL, Inc. entered into subscription agreements to sell 413,044 shares of common stock at $2.30 per share in a registered direct offering and issued unregistered warrants to purchase 206,522 shares at $4.25 per share in a concurrent private placement. The transactions are expected to generate approximately $950,000 in gross proceeds before expenses, with the offerings anticipated to close by August 5, 2025. This financing, along with a recent $1 million non-dilutive advance from STADA, is set to strengthen NEXGEL’s balance sheet and provide additional working capital as the company anticipates high growth in the latter half of the year.
The most recent analyst rating on (NXGL) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NexGel Inc stock, see the NXGL Stock Forecast page.
Spark’s Take on NXGL Stock
According to Spark, TipRanks’ AI Analyst, NXGL is a Neutral.
NexGel’s overall score is primarily driven by its significant revenue growth and strategic partnerships, which indicate potential for future success. However, the company’s persistent net losses and technical challenges weigh heavily, while the positive sentiment from the earnings call and corporate events provide some support but do not fully offset these issues.
To see Spark’s full report on NXGL stock, click here.
More about NexGel Inc
NEXGEL, Inc. is a leading provider of healthcare, beauty, and over-the-counter (OTC) products, specializing in ultra-gentle, high-water-content hydrogels. Based in Langhorne, Pennsylvania, the company has been developing and manufacturing electron-beam, cross-linked hydrogels for over two decades. NEXGEL’s brands include Silverseal®, Hexagels®, Turfguard®, Kenkoderm®, and Silly George®. The company also engages in strategic contract manufacturing relationships with leading consumer healthcare companies.
Average Trading Volume: 43,779
Technical Sentiment Signal: Sell
Current Market Cap: $23.04M
For an in-depth examination of NXGL stock, go to TipRanks’ Overview page.