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Nexalin Technology Secures $1 Million Through Note Purchase Agreement
PUBLIC · NXLAug 21, 2026•1 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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