Asymmetry Point LP holds 610,000 shares of NexGel (NXGL) reporting 7.49% stake

Rhea-AI Filing Summary

NexGel, Inc. reports that Asymmetry Point LP beneficially owns 610,000 shares of Common Stock, representing 7.49% based on 8,143,133 shares outstanding as of November 12, 2025.

Asymmetry Point Capital LLC, as General Partner, and Mr. Aviv Argaman, as Fund Manager, are each disclosed as having sole voting and dispositive power over the 610,000 shares. Filers provided addresses and signed a joint filing agreement on March 12, 2026.

Insights

Corporate Governance Analyst

Large holder reports a 7.49% stake with voting control through affiliated entities.

The filing shows Asymmetry Point LP holds 610,000 shares, with Asymmetry Point Capital LLC as General Partner and Mr. Aviv Argaman as Fund Manager having sole voting and dispositive power. The November 12, 2025 share base (8,143,133) is cited for the percentage calculation.

Ownership above 5% is reportable under Schedule 13G; cash‑flow treatment and any planned transactions are not disclosed. Subsequent filings would detail changes in stake or transfers.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

NEXGEL, INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

03/10/2026

(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)

SCHEDULE 13G

CUSIP Number(s):

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 610,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 610,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

610,000.00

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)

7.49 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: (1) Calculated based on 8,143,133 shares of Common Stock of NexGel, Inc. ("Issuer") as of November 12, 2025, as reported in the Form 10-Q for the quarter ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025.

SCHEDULE 13G

CUSIP Number(s):

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 610,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 610,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

610,000.00

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)

7.49 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: (1) 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 610,000 Shares held by Asymmetry Point LP. (2) Calculated based on 8,143,133 shares of Common Stock of NexGel, Inc. ("Issuer") as of November 12, 2025, as reported in the Form 10-Q for the quarter ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025.

SCHEDULE 13G

CUSIP Number(s):

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 610,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 610,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

610,000.00

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)

7.49 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) As the Fund Manager of Asymmetry Point Capital LLC (the "General Partner"), Mr. Aviv Argaman may be deemed to have sole voting and dispositive power over the 610,000 Shares held by Asymmetry Point LP. (2) Calculated based on 8,143,133 shares of Common Stock of NexGel, Inc. ("Issuer") as of November 12, 2025, as reported in the Form 10-Q for the quarter ended September 30, 2025, filed by the Issuer with the SEC on November 12, 2025.

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, PA 19380
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
(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 Item 5-11 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:	03/12/2026

Signature:	/s/ Mr. Aviv Argaman
Name/Title:	President and Secretary
Date:	03/12/2026

Asymmetry Point Capital LLC

Signature:	/s/ Aviv Argaman
Name/Title:	President and Secretary
Date:	03/12/2026

Mr. Aviv Argaman

Signature:	/s/ Mr. Aviv Argaman
Name/Title:	AVIV ARGAMAN
Date:	03/12/2026

Exhibit Information

Exhibit A - Joint Filing Agreement

FAQ

What stake does Asymmetry Point LP report in NXGL?

Asymmetry Point LP reports beneficial ownership of 610,000 shares, equal to 7.49% of NexGel's common stock, calculated using 8,143,133 shares outstanding as of November 12, 2025. The filing is a Schedule 13G.

Who holds voting and dispositive power over the reported NXGL shares?

The filing states Asymmetry Point Capital LLC is the General Partner and Mr. Aviv Argaman is the Fund Manager; both are disclosed as having sole voting and dispositive power over the 610,000 shares held by Asymmetry Point LP.

When was the ownership percentage for NXGL calculated?

The 7.49% ownership percentage was calculated using the issuer's share count of 8,143,133 common shares as of November 12, 2025, as reported in the company's Form 10-Q for the quarter ended September 30, 2025.

Does the filing disclose any purchases or sales of NXGL shares?

No purchase or sale transactions are disclosed in this Schedule 13G excerpt; it reports beneficial ownership and voting/dispositive power. The filing includes signatures dated March 12, 2026 but does not list transaction timing or cash‑flow details.