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Nexalin Technology Amends Equity Distribution Agreement

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Nexalin Technology Amends Equity Distribution Agreement

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An announcement from Nexalin Technology, Inc. ( (NXL) ) is now available.

On October 15, 2025, Nexalin Technology, Inc. amended its equity distribution agreement with Maxim Group LLC to increase the maximum amount of shares that can be sold through its ‘at-the-market’ offering program from $3.1 million to $10 million. As of that date, approximately $4.27 million worth of shares remain available for sale under this program, potentially impacting the company’s market presence and shareholder value.

The most recent analyst rating on (NXL) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Nexalin Technology, Inc. stock, see the NXL Stock Forecast page.

More about Nexalin Technology, Inc.

Nexalin Technology, Inc. is a company based in Houston, Texas, operating in the technology sector. The company focuses on offering equity distribution services and has established an ‘at-the-market’ offering program for selling shares of its common stock.

Average Trading Volume: 4,231,306

Technical Sentiment Signal: Hold

Current Market Cap: $23.65M

For an in-depth examination of NXL stock, go to TipRanks’ Overview page.

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