Nexgel Director Steven Mark Glassman Reports Acquisition of $25,003 in Common Shares

• Nexgel director Steven Mark Glassman acquired 4,546 common shares at $5.5 each, increasing his direct holdings to 12,379 shares.
• He also acquired PIPE Warrants covering 4,546 common shares at a $10 exercise price.
• His amended Convertible Promissory Note carries a $5.5 conversion price, down from $12, covering 4,546 shares.
• The exercise price on his Existing Warrant covering 1,042 shares fell to $13 from $16.

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