Nexalin Technology Announces Closing of $5.2 Million Public Offering

HOUSTON, TX, July 01, 2024 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (Nasdaq: NXL; NXLIW) (the "Company" or "Nexalin") today announced the closing of its previously announced public offering of 3,000,000 shares of common stock at public offering price of $1.75. Gross proceeds, before deducting placement agent fees and other offering expenses were approximately $5,250,000. The securities described above were offered pursuant to a registration statement on Form S-1, as amended (File No. 333-279684) (the "R ...