Welcome to our dedicated page for Nexalin Tech news (Ticker: NXL), a resource for investors and traders seeking the latest updates and insights on Nexalin Tech stock.
Nexalin Technology, Inc. (Nasdaq: NXL) is a medical device company that develops non-invasive, frequency-based neurostimulation products aimed at mental health and neurological conditions. The Nexalin news feed on Stock Titan highlights company announcements, clinical study results, regulatory milestones, and capital markets updates related to its Deep Intracranial Frequency Stimulation (DIFS™) technology.
Recent news releases describe peer-reviewed studies in Alzheimer’s disease, dementia, Attention Deficit Hyperactivity Disorder (ADHD), and a case involving gambling disorder with alcohol use disorder, where Nexalin’s 15 milliamp DIFS™ devices were associated with cognitive improvements, changes in brain network activity, and favorable safety profiles. Other updates cover regulatory approvals for the Gen-2 SYNC console in markets such as Israel, China, Brazil, and Oman, as well as U.S. FDA Q-Submission interactions for Alzheimer’s and dementia programs.
Investors and observers can use this page to follow Nexalin’s progress in advancing its Gen-2 and Gen-3 platforms, including the Gen-2 SYNC console and the Gen-3 HALO™ Clarity headset, along with developments in areas like traumatic brain injury research and international distribution agreements. News items also include information on investor events, such as webinars and conference participation, and SEC-related disclosures that may influence the company’s strategic and financial position.
By reviewing the NXL news stream, readers gain insight into how Nexalin’s DIFS™ technology is being evaluated in clinical settings, how regulators are engaging with its devices, and how the company is positioning its non-invasive, drug-free neuromodulation platform within the broader mental health and neurodegenerative disease landscape.
Nexalin Technology, Inc. (Nasdaq: NXL; NXLIW) provided a business update emphasizing its advancements in neurostimulation devices aimed at combating mental health disorders. The company is enhancing its Gen-1 device to a more powerful Gen-2 model with a waveform increase from 4 milliamps to 15 milliamps, expected to improve treatment efficacy. Plans for FDA submissions and clinical trials are outlined, including a strategy for addressing Major Depressive Disorder. Additionally, Nexalin reports progress with its devices in China and a recent white paper supporting its technology's effectiveness for anxiety treatment.
Nexalin Technology, Inc. (NXL, NXLIW) announced positive results from a white paper published by the Second Xiangya Hospital, documenting the effectiveness of its tACS device for treating generalized anxiety disorder. The study reported complete disappearance of somatic anxiety symptoms and improved sleep quality in a patient after a 10-day treatment regimen. The benefits persisted for four months, indicating the device's potential in addressing mental health issues without side effects. The company aims to expand its clinical research and treatment applications in the mental health field.
Nexalin Technology, Inc. has successfully closed its initial public offering of 2,315,000 units, each unit comprising one share of common stock and one warrant, at an offering price of $4.15 per unit. This translates to gross proceeds of approximately $9.6 million before expenses. Trading commenced on The Nasdaq Capital Market under the symbols ‘NXL’ for shares and ‘NXLIW’ for warrants on September 16, 2022. The company has also granted underwriters a 45-day overallotment option for additional securities.
Nexalin Technology announced its initial public offering of 2,315,000 units, priced at $4.15 each, aiming to raise approximately $9.6 million. Each unit consists of one common share and one warrant to purchase an additional share at the same price. The units will trade on Nasdaq under the symbols NXL and NXLIW, starting September 20, 2022. Underwriters have a 45-day option for additional shares. The offering is part of Nexalin's strategy to combat mental health issues using its innovative neurostimulation products, including the newly approved Generation 2 device in China.