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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):
February 24, 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, 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 7.01 | Regulation FD Disclosure. |
On February 24, 2026, Nexalin
Technology, Inc. (the “Company”) issued a press release announcing the advancement of its planned pivotal clinical trial
evaluating the HALO Clarity device for the treatment of moderate to severe insomnia, designed to support the Company’s planned
de novo submission to the U.S. Food and Drug Administration. The study will be conducted in collaboration with Lindus Health. A copy
of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information furnished in this Item
7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
Cautionary Note Regarding Forward-Looking Statements
This
Current Report on Form 8-K and the attached press release contain forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act. These forward-looking statements include, but are not limited to, statements regarding
the Company’s planned clinical trial, the timing and results thereof, the Company’s regulatory strategy, and its ability
to obtain FDA clearance or approval. Forward-looking statements are based on current expectations and are subject to risks and uncertainties
that could cause actual results to differ materially from those expressed or implied. Factors that could cause or contribute to such
differences include, but are not limited to, risks related to clinical trial design, execution, and results; regulatory uncertainties;
reliance on third-party collaborators; and other risks described in the Company’s filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent Quarterly Reports on Form 10-Q. The Company
undertakes no obligation to update any forward-looking statements, except as required by law.
| Item 9.01 |
Financial Statements and Exhibits. |
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release, dated February 24, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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: February 25, 2026 |
NEXALIN TECHNOLOGY, INC. |
| |
|
| |
/s/ Mark White |
| |
Mark White |
| |
Chief Executive Officer |
Exhibit 99.1

Nexalin Announces Pivotal HALO™ Clarity
Trial to Support Planned De Novo FDA
Submission Targeting Multi-Billion-Dollar Insomnia Market
150-Patient, Triple-Blinded, Sham-Controlled
Study Designed to be Executed in
Collaboration with Lindus Health to Support Future FDA Submission for Drug-Free
Insomnia Treatment
Builds on Prior Peer-Reviewed Clinical Data
and International Regulatory Approvals
HOUSTON – February 24, 2026 – Nexalin Technology,
Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), the leader in Deep Intracranial Frequency Stimulation
(DIFS™) of the brain, today announced continued advancement toward its planned pivotal clinical trial evaluating HALO™ Clarity
for the treatment of moderate to severe insomnia, designed to support Nexalin’s planned de novo submission to the U.S. Food and
Drug Administration. The study is being conducted in collaboration with Lindus Health, a full-service clinical research organization engaged
to oversee trial execution, regulatory preparation, and patient recruitment.
The randomized, triple-blinded, sham-controlled study is designed to
enroll a minimum of 150 participants across the United States. Structured as a fully decentralized trial, participants are expected to
complete treatments and assessments remotely within Nexalin’s recently launched NeuroCare virtual clinic and its advanced Electronic
Data Capture (EDC) system. The NeuroCare virtual clinic is designed to eliminate traditional site visit requirements, while expanding
access to a broader patient population.
The pivotal study is designed to support the planned de novo insomnia
submission to the U.S. Food and Drug Administration and represents a key milestone in the execution of Nexalin’s global strategy
to expand its DIFS™ platform into high-prevalence neuropsychiatric indications.
The pivotal study to support Nexalin’s planned FDA submission
builds on Nexalin’s previously reported and published clinical results in chronic insomnia, including a 120-participant randomized,
double-blind, placebo-controlled, multicenter study published in the Journal of Psychiatric Research. In that study, Nexalin reported
clinically meaningful and statistically significant improvements across key sleep parameters compared to placebo, with no significant
adverse effects reported. Nexalin’s Gen-2 15 mA device has also received regulatory approvals internationally for insomnia and related
indications.
Insomnia affects approximately 30 million adults in the United States,
with many patients reporting dissatisfaction with existing treatment options due to concerns regarding dependency, tolerability, or long-term
use. The global insomnia therapeutics market represents a multi-billion-dollar annual opportunity and continues to grow as awareness and
diagnosis increase.
HALO™ Clarity leverages Nexalin’s proprietary 15 mA DIFS™
technology, which is engineered to target deeper brain structures associated with sleep regulation and other mental health conditions.
Unlike conventional transcranial stimulation approaches primarily targeting cortical regions, DIFS™ is engineered to modulate deeper
neural circuits implicated in sleep architecture, offering a potential non-pharmacological treatment alternative.
Under the collaboration, Lindus Health is expected to provide comprehensive
clinical research services, including protocol finalization, regulatory preparation and submission support, patient recruitment strategy,
study management, data oversight, biostatistics, and medical writing.
The planned study will include adults aged 22 to 65 with moderate to
severe insomnia, who are expected to be randomized to receive either active HALO™ Clarity therapy or sham treatment for four weeks,
followed by a four-week follow-up period to evaluate durability of response.
“This planned pivotal trial marks an important milestone for
Nexalin,” said Mark White, Chief Executive Officer of Nexalin Technology. “Insomnia is a large and underserved market where
millions of patients are seeking drug-free treatment options. Advancing HALO™ Clarity toward a fully powered pivotal study designed
to support our planned FDA submission reflects the maturity of our DIFS™ platform and our commitment to expanding its clinical reach.
We believe successful execution of this study and continued advancement along the FDA pathway will position Nexalin to pursue regulatory
clearance in a high-demand market, further validate the broader potential of our technology, and support our ongoing efforts to expand
regulatory pathways across additional indications.”
“We are pleased to collaborate with Nexalin in the advancement
of this important study,” said Michael Young, Co-CEO of Lindus Health. “Our team looks forward to supporting the execution
of a rigorous, patient-centric trial designed to evaluate this novel approach to insomnia treatment.”
Nexalin continues to focus on strengthening the clinical and regulatory
foundation of its DIFS™ platform as it advances toward potential commercialization across multiple neuropsychiatric indications.
About Nexalin Technology, Inc.
Nexalin designs and develops innovative neurostimulation products to
uniquely help combat the ongoing global mental health epidemic. All of Nexalin’s products are believed to be non-invasive and undetectable
to the human body and are developed to provide relief to those afflicted with mental health issues. Nexalin utilizes bioelectronic medical
technology to treat mental health issues. Nexalin believes its neurostimulation medical devices can penetrate structures deep in the mid-brain
that are associated with mental health disorders. Nexalin believes the deeper-penetrating waveform in its next-generation devices will
generate enhanced patient response without any adverse side effects. The Nexalin Gen-2 15 milliamp neurostimulation device has been approved
in China, Brazil, Oman and Israel. Additional information about the Company is available at: https://nexalin.com/.
FORWARD-LOOKING STATEMENTS
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. These statements
relate to future events or Nexalin’s future financial performance. Any statements that refer to expectations, projections, or other
characterizations of future events or circumstances or that are not statements of historical fact (including without limitation statements
containing the words “believes,” “expects,” “anticipates,” “plans,” “intends,”
“will,” “designed to,” “positioned to,” “potential,” “targeted,” “seeking,”
or similar expressions) should be considered forward-looking statements. Such statements involve risks and uncertainties that could cause
actual events or Nexalin’s actual results to differ materially from those indicated by the forward-looking statements. Investors
are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
References to “FDA pivotal study,” “FDA pivotal clinical
trial,” or similar terminology in this press release describe the Company’s intended purpose for the study and do not indicate
FDA endorsement, sponsorship, approval, or oversight of the study design, protocol, or execution. No assurance can be given that the planned
study will be initiated, enrolled, completed, or produce favorable results, or that any regulatory submission will result in FDA clearance
or approval.
Forward-looking statements are subject to numerous risks and uncertainties,
many of which are beyond the control of the Company. Such risks include, but are not limited to: uncertainties regarding the design, enrollment,
execution, timing, and completion of clinical trials; the ability to obtain regulatory clearance or approval from the FDA or other regulatory
bodies; the Company’s reliance on third-party collaborators, including Lindus Health; the sufficiency of clinical data to support
regulatory submissions; the potential for adverse events or safety concerns; market acceptance of the Company’s products; competition
from existing and new treatment alternatives; and the Company’s ability to secure adequate funding to complete its planned clinical
and regulatory programs. Additional risks are set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2024, and other filings with the Securities and Exchange Commission. Copies of such filings are available
on the SEC’s website at www.sec.gov.
Such forward-looking statements are made as of the date hereof and
may become outdated over time. The Company undertakes no obligation to update these statements for revisions or changes after the date
of this release, except as required by law.
Contact:
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: NXL@crescendo-ir.com