Nexalin Technology prices registered direct offering of 2,419,355 shares at $0.31 each

• Nexalin Technology entered a securities purchase agreement for a registered direct offering of 2,419,355 common shares at USD 0.31.
• Gross proceeds expected at about USD 750,000 before expenses; closing expected on or about Aug. 20, 2026.
• Concurrent private placement includes common stock warrants for 1,209,677 shares at a USD 0.5 exercise price, expiring in one year.
• Full cash exercise would add about USD 604,839; warrants may be cashless if no effective resale registration is available.
• Maxim Group to receive a USD 100,000 advisory fee at closing; it is not acting as underwriter or placement agent.

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: 0001829126-26-009173), on August 20, 2026, and is solely responsible for the information contained therein.