STOCK TITAN

NEXGEL Appoints Brian Kieser and Kevin Harris from New Strategic Partner, Sequence LifeScience™, to Board of Directors

(Neutral)
(Positive)
Tags
partnership management

NEXGEL (NASDAQ: NXGL) appointed Brian J. Kieser, CPA and Kevin Harris, CFA from strategic partner Sequence LifeScience to its Board of Directors on May 6, 2026.

Sequence LifeScience led financing to close the acquisition of Celularity's degenerative disease segment with a $5.5 million strategic investment; management highlights partnership, industry experience, product innovation, and distribution support.

Loading...
Loading translation...

Positive

  • Sequence LifeScience led financing with a $5.5 million strategic investment to close the Celularity degenerative disease acquisition
  • Board additions: Brian Kieser and Kevin Harris appointed to strengthen strategic partnership and operational ties

Negative

  • None.

News Market Reaction – NXGL

+1.59%
+1.59% Session close to close

In the May 6 session, NXGL gained 1.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement further formalizes NEXGEL’s partnership with Sequence LifeScience by adding its CE...
Analysis

This announcement further formalizes NEXGEL’s partnership with Sequence LifeScience by adding its CEO and COO to the board, following the $5.5 million strategic investment used to close the Celularity degenerative disease acquisition. It reinforces governance and strategic alignment around the new regenerative biomaterials portfolio. Investors may track how these directors influence integration, revenue growth toward prior targets, and any updates to liquidity or going-concern disclosures in future SEC filings.

Key Figures

Strategic investment: $5.5 million
1 metrics
Strategic investment $5.5 million Sequence LifeScience-led financing for Celularity degenerative disease acquisition

Historical Context

5 past events · Latest: Apr 27 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 27 CFO appointment Positive -6.0% Ian Blackman named CFO to support Celularity deal integration and scaling.
Apr 21 Acquisition & financing Positive +15.9% Closure of Celularity degenerative disease acquisition with $5.5M investment.
Apr 17 Call scheduling Neutral -1.5% Shareholder update call moved to discuss Celularity transaction timing.
Apr 15 Call reschedule & financing Negative -15.3% Rescheduled call and disclosure of new financing talks for Celularity deal.
Apr 08 Call reschedule Negative -2.7% Rescheduling update call and noting no assurance of Celularity transaction close.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news tied to the Celularity transaction and financing often moved the stock sharply, with positive deal closure news aligning with gains and uncertainty around financing or timing aligning with selloffs.

Recent Company History

Over the past month, NXGL news has centered on the Celularity regenerative biomaterials transaction and related financing. On Apr 21, a $5.5M strategic investment and deal closure aligned with a +15.89% move. Earlier reschedulings of shareholder calls and financing uncertainty on Apr 8 and Apr 15 aligned with declines. A CFO appointment on Apr 27 saw a -6.04% reaction despite constructive integration goals. Today’s board additions deepen the Sequence LifeScience relationship built around that same Celularity deal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Sequence LifeScienceTM Led Financing to Close on Acquisition of Celularity with Strategic Investment of $5.5 Million

LANGHORNE, Pa., May 06, 2026 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of healthcare, beauty, and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, today announced the appointment of Brian J. Kieser, CPA, and Kevin Harris, CFA, to the Board of Directors. Mr. Kieser is currently the CEO and Mr. Harris is the COO of Sequence LifeScienceTM, which recently led the financing to close on the acquisition of Celularity Inc.’s degenerative disease segment with a $5.5 million strategic investment.

Adam Levy, Chief Executive Officer of NEXGEL, stated, “Sequence LifeScienceTM has been a great partner in leading our financing round and supporting the closing of our milestone transaction. This marks a transformative moment for NEXGEL and on behalf of the rest of the board and senior management at the Company we welcome Brian and Kevin to our Board of Directors. We could not ask for better strategic partners. Brian and Kevin bring industry experience, product innovation, and a strong distribution system to help us grow and expand the potential of our new acquisition.”

“Kevin and I are honored to serve on NEXGEL’s Board of Directors at such an exciting time for the Company,” said Brian Kieser, CEO of Sequence LifeScienceTM. “We look forward to working closely with the leadership team to strengthen the partnership between our organizations, build on our shared vision, and support NEXGEL’s continued growth and innovation.”

About Brian J. Kieser, CPA
Brian J. Kieser the Founder and Chief Executive Officer of Fountainhead Biomedical Holdings, a San Antonio–based venture platform designed to create, scale, and commercialize next-generation medical technologies.

Through Fountainhead Biomedical Holdings, Mr. Kieser has assembled a vertically integrated ecosystem of companies focused on orthopedic medical devices, regenerative biologics, and advanced biomedical manufacturing. The platform includes Nvision Biomedical Technologies, Sequence LifeScience, and Lockhill Advanced Manufacturing Technologies—each purpose-built to solve critical challenges in surgery, tissue healing, and medical device production.

Prior to Fountainhead, Mr. Kieser held several financial and accounting leadership roles in industries including wholesale distribution, military government contracting, and healthcare, His work centers on developing vertically integrated innovation platforms that accelerate the path from concept to clinical adoption—reshaping how medical devices are designed, manufactured, and delivered to the physicians who depend on them.

Mr. Kieser holds 14 issued patents covering structural encoding technologies and methods used to uniquely identify implanted medical devices, advancing traceability, device intelligence, and safety within the medical device industry.

Mr. Kieser earned his BBA in Accounting from the University of Texas at El Paso and is a CPA licensed to practice in Texas.

About Kevin Harris, CFA
Kevin Harris is Chief Operating Officer of Fountainhead Biomedical Holdings, Inc., the parent company of Sequence Life Science, Inc., NVISION Biomedical Technologies, Inc., and Cadaver Lab SA, LLC. He is responsible for aligning strategic vision with operational execution to support growth, efficiency, and long-term organizational impact across Fountainhead’s portfolio.

Kevin brings more than 25 years of experience spanning asset management, capital markets, and private enterprise leadership. Over the course of his career, he has overseen more than $2 billion in assets for ultra-high-net-worth families and complex organizations.

Prior to joining Fountainhead, Kevin served as Partner and Chief Investment Officer of O’Reilly Development Company, LLC, where he led investment strategy for the O’Reilly Family Office, and also oversaw asset management and capital structuring efforts for a diversified commercial real estate portfolio valued at more than $500 million. Earlier, he was President and Chief Investment Officer of Texas Partners Bank’s Wealth Management Group, where he drove asset-under-management growth exceeding 40 percent annually during his tenure.

Kevin was also a co-founder of one of the 50 largest independent Registered Investment Advisory firms in the United States, providing investment and financial advisory services to multigenerational families with complex planning needs. Earlier in his career, he spent nearly a decade as Chief Investment Officer of the Wealth Management Division at Frost Bank, where he was an early adopter of private and alternative investments for private clients.

Kevin is a Chartered Financial Analyst (CFA) and holds a bachelor’s degree in accounting from The University of Texas at San Antonio. He was recognized as one of San Antonio’s “40 Under 40” business leaders and has been named a Five Star Wealth Manager. Kevin resides in San Antonio with his wife, Marisa, and their three children.

About NEXGEL, Inc.
NEXGEL is a leading provider of healthcare, beauty, and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications. Based in Langhorne, Pa., the Company has developed and manufactured electron-beam, cross-linked hydrogels for over two decades. NEXGEL brands include SilverSeal®, Hexagels®, Turfguard®, Kenkoderm® and Silly George®. Additionally, NEXGEL has strategic contract manufacturing relationships with leading consumer healthcare companies.

About Sequence Life Sciences
Sequence™ is a global life sciences company advancing healing through the ethical manufacturing and distribution of high-quality human tissue products. Our brand is built on decades of combined expertise in tissue banking, regenerative biologics, orthopedic innovation, and quality systems. Every product we manufacture reflects our commitment to the donors who made it possible and the patients who depend on it. www.sequencelifesci.com

Forward-Looking Statement
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “potential,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs, such as “will,” “should,” “lends,” “would,” “may,” and “could,” are generally forward-looking in nature and not historical facts.. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance, or achievements to be materially different from any anticipated results, performance, or achievements for many reasons. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Annual Report on Form 10-K for the year ended December 31, 2025, including but not limited to the discussion under “Risk Factors” therein, which the Company filed with the SEC and which may be viewed at http://www.sec.gov/.

Investor Contacts:
Valter Pinto, Managing Director
KCSA Strategic Communications
212.896.1254
Nexgel@KCSA.com


FAQ

Who were appointed to NEXGEL's board on May 6, 2026 (NXGL)?

Direct answer: NEXGEL appointed Brian J. Kieser and Kevin Harris to its Board of Directors on May 6, 2026. According to the company, both executives represent strategic partner Sequence LifeScience and will support collaboration and growth tied to the recent transaction.

What role did Sequence LifeScience play in NEXGEL's recent transaction (NXGL)?

Direct answer: Sequence LifeScience led the financing to close the acquisition of Celularity's degenerative disease segment with a $5.5 million strategic investment. According to the company, that financing enabled the closing and established a deeper strategic partnership with NEXGEL.

How might the $5.5 million Sequence LifeScience investment affect NEXGEL shareholders (NXGL)?

Direct answer: The investment provided financing to close a discrete acquisition and added strategic partners to the board. According to the company, this funding supports integration of the newly acquired assets and aims to expand product and distribution capabilities.

What experience do the new NEXGEL board members bring (NXGL)?

Direct answer: Brian Kieser is CEO and Kevin Harris is COO of Sequence LifeScience; both bring executive experience. According to the company, they contribute industry experience, product innovation knowledge, and distribution network strengths to NEXGEL's board.

Will NEXGEL disclose further details about the Celularity acquisition or integration (NXGL)?

Direct answer: The company announced the acquisition closing and the strategic investment; further operational details were not provided in this release. According to the company, management intends to work with new board members to proceed with integration and partnership activities.