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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 28, 2026
NEXALIN TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-41507 |
|
27-5566468 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
1776 Yorktown Street, Suite 550, Houston, Texas
|
|
77056 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone
number, including area code: (832) 260-0222
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
| Title of each class |
|
Trading symbol |
|
Name of each exchange on which registered |
| Common Stock, par value $0.001 per share |
|
NXL |
|
The Nasdaq Capital Market |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 1.01 |
Entry into a Material Definitive Agreement. |
On
July 28, 2026, Nexalin Technology, Inc. (the “Company”) entered into a Third Amendment to Office Lease (the “Third Amendment”)
with Nutex HQ LLC (“Landlord”), which amends that certain Office Lease from 2012, as previously amended (as amended, the “Lease”),
for approximately 4,527 rentable square feet located at 1776 Yorktown, Suite 500, Houston, Texas 77056, to be used as the Company’s
headquarters. The Third Amendment extends the term of the Lease for a period of 65 complete calendar months commencing on March 1, 2026,
and adds approximately 904 rentable square feet of expansion space to the existing 3,623 rentable square feet. The initial monthly base
rent is approximately $5,435 per month for the existing premises prior to delivery of the expansion space, and thereafter will range from
approximately $5,470 to $6,413 per month for the combined premises, subject to annual increases. The Company will receive a five-month
base rent abatement following delivery of the expansion space, subject to the Company’s compliance with its obligations under the
Lease. The Company will also be responsible for its proportionate share of operating expenses and real property taxes. Subject to the
terms of the Third Amendment, the Company has one option to extend the term of the Lease for an additional five-year period at the prevailing
market rate.
The
foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the full
text of the Third Amendment, a copy of which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the
period ended June 30, 2026 and is incorporated herein by
reference.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
| Date: July 29, 2026 |
NEXALIN TECHNOLOGY, INC. |
| |
|
| |
/s/ Mark White |
| |
Mark White |
| |
Chief Executive Officer |
