Nexalin Technology, Inc. (NXL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NXL currently has 20.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 124.48% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 25, 2026 |
10-K filing | 20.6M shares outstanding |
21M | 0 |
| Aug 06, 2025 |
10-Q filing | 15.7M shares outstanding |
16M | 550 |
| Jun 09, 2025 |
8-K filing: Nexalin Technology, Inc. closed the offering of 240,000 shares of common stock to Maxim Group LLC at a price of $1.30 per share, resulting in gross proceeds of $312,000, less underwriter discounts. ($0.31M proceeds) |
17M | 0 |
| May 13, 2025 |
10-Q filing | 17.2M shares outstanding |
17M | 0 |
| May 06, 2025 |
8-K filing: Nexalin Technology, Inc. entered into an underwriting agreement with Maxim Group LLC for an offering of 3,850,000 shares of common stock at a public offering price of $1.30 per share, which is expected to close on May 6, 2025. ($5.01M proceeds) |
13M | 2.4M |
| Apr 23, 2025 |
S-3 filing: NexaLin Technology, Inc. may offer and sell up to an aggregate of $50,000,000 of its common stock from time to time in one or more offerings. They are also offering shares of common stock having an aggregate gross sales price of up to $9,777,825 in an at-the-market offering through Maxim Group LLC. |
13M | 2.4M |
| Mar 14, 2025 |
10-K filing | 13.3M shares outstanding |
13M | 2.4M |
| Feb 06, 2025 |
8-K filing: Nexalin Technology, Inc.'s registration statement on Form S-1 was declared effective, covering up to 2,798,613 shares of common stock issuable upon warrant exercises and shares issued to Maxim Partners. |
13M | 2.4M |
| Jan 30, 2025 |
S-1/A filing: This prospectus relates to the resale, from time to time, of up to and aggregate of 2,798,613 shares of common stock of Nexalin Technology, Inc. by selling stockholders, including shares issuable upon the exercise of warrants. |
13M | 2.4M |
| Jan 10, 2025 |
S-1/A filing: This prospectus relates to the resale, from time to time, of up to and aggregate of 2,798,613 shares of common stock of Nexalin Technology, Inc. |
13M | 2.4M |
| Dec 20, 2024 |
S-1 filing: This prospectus relates to the resale, from time to time, of up to an aggregate of 2,798,613 shares of common stock of Nexalin Technology, Inc. |
13M | 2.4M |
| Nov 08, 2024 |
10-Q filing | 12.9M shares outstanding |
13M | 58K |
| Aug 08, 2024 |
10-Q filing | 10.6M shares outstanding |
11M | 2.3M |
| Jul 16, 2024 |
8-K filing: Nexalin Technology, Inc. consummated a public offering of 3 million shares of its Common Stock for total aggregate gross proceeds of approximately $5,250,000. ($5.25M proceeds) |
7.6M | 5.3M |
| Jul 03, 2024 |
8-K filing: Nexalin Technology, Inc. consummated a public offering of 3,000,000 shares of Class common stock at $0.001 par value, resulting in gross proceeds of approximately $5,250,000. ($5.25M proceeds) |
7.6M | 5.3M |
| Jun 28, 2024 |
8-K filing: Nexalin Technology, Inc. entered into a placement agency agreement with Maxim Group LLC for an offering of 3,000,000 shares of common stock at a public offering price of $1.75 per share, expected to close on July 1, 2024. ($5.25M proceeds) |
7.6M | 5.3M |
| Jun 26, 2024 |
S-1/A filing: This is an S-1/A filing for a public offering of Nexalin Technology, Inc.'s common stock with Maxim Group LLC as the placement agent. The offering involves 3,097,345 shares at $2.26 per share. |
7.6M | 5.3M |
| Jun 24, 2024 |
S-1/A filing: This S-1/A filing relates to a public offering of common stock by Nexalin Technology, Inc., with Maxim Group LLC acting as the placement agent. The company intends to use the net proceeds from the sale of the Securities hereunder for working capital purposes. |
7.6M | 8.4M |
| Jun 14, 2024 |
S-1/A filing: This S-1/A filing relates to a public offering of common stock by Nexalin Technology, Inc., with Maxim Group LLC as the placement agent. The company intends to use the net proceeds from the sale of the securities for working capital purposes. |
7.6M | 8.4M |
| May 23, 2024 |
S-1 filing: The company is offering up to $7,000,000 of its common stock on a reasonable best effort basis through Maxim Group LLC. |
7.4M | 8.5M |
| May 10, 2024 |
10-Q filing | 7.4M shares outstanding |
7.4M | 2.4M |
| Apr 16, 2024 |
S-3 filing: NEXALIN TECHNOLOGY, INC. is offering common stock through an At-The-Market offering via Maxim Group LLC as sales agent, with an aggregate gross sales price of up to $5,646,485. |
7.4M | 2.4M |
| Mar 27, 2024 |
10-K filing | 7.4M shares outstanding |
7.4M | 0 |
| Nov 13, 2023 |
10-Q filing | 7.4M shares outstanding |
7.4M | 0 |
| Aug 10, 2023 |
10-Q filing | 7.3M shares outstanding |
7.3M | 0 |
| May 10, 2023 |
10-Q filing | 7.3M shares outstanding |
7.3M | 0 |
| Mar 27, 2023 |
10-K filing | 7.3M shares outstanding |
7.3M | 0 |
| Nov 10, 2022 |
10-Q filing | 7.3M shares outstanding |
7.3M | 0 |
| Sep 20, 2022 |
8-K filing: Nexalin Technology, Inc. completed its initial public offering of 2,315,000 shares of common stock and 2,315,000 accompanying warrants at a combined price of $4.15 per share and warrant, for gross proceeds of approximately $9.6 million. ($9.6M proceeds) |
5M | 0 |
| Sep 16, 2022 |
8-K filing: Nexalin Technology, Inc. announced the pricing and closing of its initial public offering of units, each consisting of one share of common stock and one warrant, at a price of $4.15 per unit, with Maxim Group LLC as the underwriter. |
5M | 0 |
| Sep 15, 2022 |
S-1/A filing: This S-1/A filing details a proposed offering of units, including warrants exercisable for common stock, with an estimated net proceeds of $7.7 million, or $9 million if the underwriters exercise their option, to be used for research and development, engineering, debt repayment, sales and marketing, working capital, and general corporate purposes. |
5M | 1.3M |
| Sep 15, 2022 |
S-1/A filing: This S-1/A filing describes an offering of units, each including warrants, with a proposed use of proceeds for research and development, engineering, debt repayment, sales and marketing, working capital, and general corporate purposes. |
5M | 1.3M |
| Aug 24, 2022 |
S-1/A filing: The company intends to offer 1,500,000 units to the public, each unit comprised of one share of common stock and one warrant to purchase one share, at an offering price of between $6.00 and $7.00 per unit. |
5M | 1.5M |
| May 31, 2022 |
S-1/A filing: This S-1/A filing relates to a firm commitment initial public offering of 1,500,000 units, with each unit consisting of one share of common stock and one warrant, at an anticipated price between $6.00 and $7.00 per unit, to fund research and development, engineering, manufacturing, debt repayment, sales and marketing expansion, and general corporate purposes. |
4.9M | 1.5M |
| May 16, 2022 |
S-1/A filing: The filing is an amendment to a registration statement for a proposed initial public offering of 1,500,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock, with an anticipated offering price between $6.00 and $7.00 per unit. |
4.9M | 1.5M |
| Apr 28, 2022 |
S-1/A filing: The filing is an S-1/A form indicating an initial public offering of 1,500,000 units, each comprising one share of common stock and a redeemable warrant, with an anticipated offering price between $5.00 and $7.00 per unit. |
4.9M | 1.5M |
| Apr 08, 2022 |
S-1/A filing: This is a firm commitment initial public offering of our securities. We are offering 1,500,000 units at an anticipate offering price of between $5.00 and $7.00 per unit. Each unit is comprised of one share of our common stock and a redeemable warrant to acquire one share of common stock. |
4.9M | 1.5M |
| Feb 04, 2022 |
S-1/A filing: This S-1/A filing pertains to a common stock offering with warrants to the underwriter, Maxim Group LLC. It also includes information about outstanding shares, voting rights, dividends, liquidation preferences, anti-takeover provisions, tax considerations, and underwriting details. |
4.9M | 1.7M |
| Jan 31, 2022 |
S-1/A filing: This S-1/A filing is for an offering of common stock, with 1,666,667 shares offered, and includes details about shares outstanding, voting rights, dividends, liquidation preferences, anti-takeover provisions, tax considerations for non-U.S. holders, underwriting agreements, and legal matters. |
4.9M | 1.7M |
| Jan 04, 2022 |
S-1 filing: This S-1 filing describes a proposed offering of common stock underwritten by Maxim Group LLC, with 4,881,918 shares of common stock currently outstanding as of December 27, 2021. |
4.9M | 0 |