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NXL reverse split: 1-for-30, Aug 31, 2026, cash in lieu of fractions

Nexalin Technology, Inc. (NXL) announced a 1-for-30 reverse stock split effective Aug 31, 2026. Every 30 shares become 1 share.

Ratio1-for-30

Effective / split-adjusted tradingAug 31, 2026high confidence

Fractional sharesCash in lieu

StatusEffective (past)

New CUSIP65345B300

Filed2026-08-27 (8-K)

Data as of Oct 19, 2026 1:18 PM ET · Report an error

What the filing says about fractional shares

Stockholders of record who would otherwise be entitled to receive a fractional share of Common Stock will receive a cash payment in lieu thereof at a price equal to the fraction to which the stockholder would otherwise be entitled multiplied by the closing price per share of the Common Stock (as adjusted for the Reverse Stock Split) on the Nasdaq Capital Market on August 28, 2026.

Quoted from https://www.sec.gov/Archives/edgar/data/1527352/000182912626009387/nexalintec_8k.htm

Not investment advice. This page was generated automatically from SEC filings and may contain errors. Brokers process round-ups differently, some pay cash or deposit fractions instead, and some charge reorganization fees. Read the source filing.

Sources

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