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Nexalin Technology Secures $1 Million Through Note Purchase Agreement

PUBLIC · NXLAug 21, 20261 day ago

Amount Raised

$1 Million

Round Type

Debt Financing

HoustonBiotechnologyHealth Care

Investors

Institutional Investor

Description

On August 21, 2026, Nexalin Technology, Inc. entered into a Note Purchase Agreement with an institutional investor. The investor purchased an unsecured promissory note for a total of $1,170,000, resulting in gross proceeds of $1,000,000 to the company. The note includes an original issue discount and covers the investor's transaction expenses.

Company Information

Company

Nexalin Technology

Location

Houston, Texas, United States

About

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.

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