Nexalin Technology announces 1-for-30 reverse stock split

Reuters2026/08/27 11:25

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Nexalin Technology will execute a 1-for-30 reverse stock split to support compliance with Nasdaq’s minimum bid-price rule.
Split takes effect Aug. 28 at 5:00 p.m. ET; shares start trading on a split-adjusted basis Aug. 31 under NXL.
Each 30 outstanding shares will be consolidated into 1 share; fractional shares will be cashed out.
Par value stays $0.001; post-split shares will carry new CUSIP 65345B300.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexalin Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270725PRIMZONEFULLFEED9816632) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nexalin Technology announces 1-for-30 reverse stock split

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