Nexalin wins Nasdaq extension to meet $1 minimum bid price rule by Sept. 28

Bitget2026/09/28 21:15

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Nexalin Technology won a Nasdaq hearings panel extension to avoid delisting, conditional on regaining compliance with listing standards.
Must meet the $1.00 minimum bid price rule by Sept. 28, 2026, including at least 20 consecutive sessions at $1.00 or higher.
Required to restore minimum stockholders’ equity of 2.5 million by Jan. 4, 2027, to remain on the Nasdaq Capital Market.
Failure to hit either deadline triggers delisting risk, following prior Nasdaq staff determinations on bid price and equity noncompliance.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-010495), on September 28, 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 wins Nasdaq extension to meet $1 minimum bid price rule by Sept. 28

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