Nexalin appeals Nasdaq delisting notice after failing $1 minimum bid requirement

• Nexalin Technology faces Nasdaq delisting after failing to regain compliance with the $1 minimum bid price rule by July 20, 2026.
• Nasdaq set a suspension date of Aug. 4, 2026, with a Form 25-NSE filing to remove the shares from listing.
• The company is ineligible for a second compliance period because it does not meet Nasdaq’s $5 million minimum stockholders’ equity initial listing requirement.
• A timely appeal request triggers a stay of the suspension pending a Nasdaq Hearings Panel decision.
• The compliance plan may include a reverse stock split to restore the minimum bid price.

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: 0001829126-26-007891), on July 27, 2026, and is solely responsible for the information contained therein.