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NexGel Inc ( (NXGL) ) has shared an announcement.
On November 21, 2025, NexGel Inc.’s Board of Directors decided to cancel a Special Meeting of Stockholders that was scheduled for November 26, 2025. The meeting was initially intended to vote on a proposal to significantly increase the company’s authorized shares from 25 million to 1 billion. This decision indicates that the company will not seek stockholder approval for this substantial increase in authorized shares, which could have implications for the company’s future capital structure and shareholder value.
The most recent analyst rating on (NXGL) stock is a Hold with a $1.50 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 Inc’s overall stock score reflects significant challenges in financial performance and valuation, with persistent net losses and negative cash flows being major concerns. The technical analysis indicates a bearish trend, further weighing on the score. However, the earnings call provided some optimism with strategic partnerships and product expansions, which could drive future growth if successfully executed.
To see Spark’s full report on NXGL stock, click here.
More about NexGel Inc
Average Trading Volume: 61,925
Technical Sentiment Signal: Sell
Current Market Cap: $17.49M
See more insights into NXGL stock on TipRanks’ Stock Analysis page.