Asymmetry Point LP (NXGL) files Schedule 13G/A showing 8.8% ownership

Rhea-AI Filing Summary

NexGel, Inc. (Common Stock) Schedule 13G/A reports that Asymmetry Point LP holds 745,000 shares, equal to 8.8% of outstanding common stock based on 8,475,693 shares as of March 31, 2026. The filing is a joint report naming Asymmetry Point LP, Asymmetry Point Capital LLC (general partner) and Aviv Argaman (fund manager) as reporting persons. Signatures dated April 29, 2026 accompany a Joint Filing Agreement referenced in Exhibit 99.1.

Insights

Institutional Ownership Analyst

Large holder discloses an 8.8% stake via a joint Schedule 13G/A.

The filing lists 745,000 shares held by Asymmetry Point LP, representing 8.8% of NexGel's common stock based on the March 31, 2026 outstanding share count. The report identifies the fund manager and its GP as reporting persons.

Ownership is reported as sole voting and dispositive power. The joint filing and signature dates are provided; cash‑flow treatment and plans for disposition are not stated in the excerpt.

Key Figures

Shares held by Asymmetry Point LP: 745,000 shares Ownership percentage: 8.8% Shares outstanding used for calculation: 8,475,693 shares +2 more

5 metrics

Shares held by Asymmetry Point LP 745,000 shares Amount reported as beneficially owned

Ownership percentage 8.8% Percent of class based on outstanding shares

Shares outstanding used for calculation 8,475,693 shares Outstanding common stock as of <date>March 31, 2026</date>

Signature date April 29, 2026 Date of filing signatures

Exhibit Joint Filing Agreement Exhibit 99.1 dated March 12, 2025 Joint Filing Agreement referenced by the reporting persons

Key Terms

Schedule 13G/A, Beneficially owned, Sole Dispositive Power, Joint Filing Agreement

4 terms

Schedule 13G/A regulatory

"Amendment No. 1 ) NEXGEL, INC. Common Stock"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned regulatory

"Amount beneficially owned: Incorporated by reference from Items 5-9"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power financial

"Sole Dispositive Power 745,000.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Joint Filing Agreement legal

"Exhibit 99.1 - Joint Filing Agreement"

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Accepted by SEC EDGAR 04/29/2026 - 10:51 AM Learn about SEC filing dates

FAQ

What stake does Asymmetry Point LP report in NXGL?

The joint Schedule 13G/A reports 745,000 shares, equal to 8.8% of NexGel's common stock. This percentage uses an outstanding share base of 8,475,693 shares as of March 31, 2026 reported by the company.

Who are the reporting persons on the NXGL Schedule 13G/A amendment?

The filing lists three reporting persons: Asymmetry Point LP, its general partner Asymmetry Point Capital LLC, and Aviv Argaman, who is identified as fund manager and officer of the GP.

Does the filing state voting or dispositive power for the shares?

Yes. The filing reports that the reporting persons have sole voting power and sole dispositive power over the 745,000 shares identified. Shared voting and dispositive power are reported as 0.

When were the signatures and joint filing agreement dated?

Signatures on the amendment are dated April 29, 2026. The filing references a Joint Filing Agreement as Exhibit 99.1 dated March 12, 2025 (incorporated by reference).

How is the 8.8% ownership percentage calculated?

The percentage is calculated using an outstanding share count of 8,475,693 shares as of March 31, 2026, as reported in NexGel's Form 10‑K for the year ended December 31, 2025, filed March 31, 2026.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

NEXGEL, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

65344E107

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 65344E107

1

Names of Reporting Persons

Asymmetry Point LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 745,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 745,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

745,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Percentage ownership is calculated based on 8,475,693 shares of Common Stock of NexGel, Inc. ("Issuer") as of March 31, 2026, as reported in the Annual Report on Form 10-K for the year ended December 31, 2025, filed by the Issuer with the SEC on March 31, 2026.

SCHEDULE 13G

CUSIP Number(s): 65344E107

1

Names of Reporting Persons

Asymmetry Point Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 745,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 745,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

745,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Asymmetry Point Capital LLC is the General Partner of Asymmetry Point LP and may be deemed to have sole voting and dispositive power over the 745,000 Shares held by Asymmetry Point LP. Percentage ownership is calculated based on 8,475,693 shares of Common Stock of NexGel, Inc. ("Issuer") as of March 31, 2026, as reported in the Annual Report on Form 10-K for the year ended December 31, 2025, filed by the Issuer with the SEC on March 31, 2026.

SCHEDULE 13G

CUSIP Number(s): 65344E107

1

Names of Reporting Persons

Mr. Aviv Argaman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 745,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 745,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

745,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: As the fund manager of Asymmetry Point LP and the President and Secretary of Asymmetry Point Capital LLC, the General Partner of Asymmetry Point LP, Mr. Aviv Argaman may be deemed to have sole voting and dispositive power over the 745,000 Shares held by Asymmetry Point LP. Percentage ownership is calculated based on 8,475,693 shares of Common Stock of NexGel, Inc. ("Issuer") as of March 31, 2026, as reported in the Annual Report on Form 10-K for the year ended December 31, 2025, filed by the Issuer with the SEC on March 31, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NEXGEL, INC.
(b)	Address of issuer's principal executive offices: 2150 CABOT BLVD WEST, Suite B, LANGHORNE, PENNSYLVANIA, 19047.
Item 2.
(a)	Name of person filing: Asymmetry Point LP Asymmetry Point Capital LLC Mr. Aviv Argaman
(b)	Address or principal business office or, if none, residence: Asymmetry Point LP 100 Biscayne Blvd Floor 12, Miami, Florida 33132 Asymmetry Point Capital LLC 100 Biscayne Blvd Floor 12, Miami, Florida 33132 Mr. Aviv Argaman 100 Biscayne Blvd Floor 12, Miami, Florida 33132
(c)	Citizenship: Asymmetry Point LP is a Delaware limited partnership Asymmetry Point Capital LLC is incorporated in the state of Florida, USA Mr. Aviv Argaman is a citizen of Israel
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 65344E107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference from Items 5-9 on the cover page of each Reporting Person.
(b)	Percent of class: Incorporated by reference from Item 11 on the cover page of each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Incorporated by reference from Item 5 on the cover page of each Reporting Person.
	(ii) Shared power to vote or to direct the vote: 0 for all Reporting Persons.
	(iii) Sole power to dispose or to direct the disposition of: Incorporated by reference from Item 7 on the cover page of each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: 0 for all Reporting Persons.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Asymmetry Point LP

Signature:	/s/ Asymmetry Point LLC
Name/Title:	General Partner
Date:	04/29/2026

Signature:	/s/ Aviv Argaman
Name/Title:	President and Secretary
Date:	04/29/2026

Asymmetry Point Capital LLC

Signature:	/s/ Aviv Argaman
Name/Title:	President and Secretary
Date:	04/29/2026

Mr. Aviv Argaman

Signature:	/s/ Mr. Aviv Argraman
Name/Title:	Aviv Argaman
Date:	04/29/2026

Exhibit Information

Exhibit 99.1 - Joint Filing Agreement, dated March 12, 2025 (incorporated by reference to Exhibit A of Schedule 13G filed with the SEC on March 12, 2026).