Nexalin Technology Accelerates Manufacturing of its HALO™ Clarity Following Successful Usability, Feasibility, and Electrical Testing [Yahoo! Finance]
Nexalin Technology, Inc. (NXL)
Company Research
Source: Yahoo! Finance
HOUSTON, TX, April 09, 2024 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (the “Company” or “Nexalin”) (Nasdaq: NXL; NXLIW) today announced it has completed the first full production test run and successfully performed usability, feasibility design verification, and electrical safety testing for its new Gen-3 HALO™ Clarity 15 milliamp (mA) neurostimulation device in the U.S. As a result, the Company is now ramping up manufacturing in advance of its planned clinical trials and expects to produce approximately 500 units in the third quarter of 2024. Mark White, CEO of Nexalin Technology, stated, “I am thrilled to report that the HALO™Clarity passed a series of rigorous tests, validating our manufacturing process and illustrating that our device meets the highest product standards. Given this success, we are now accelerating production of the HALO™Clarity device to support our upcoming clinical trials. Not only does the HALO™Clarity device build on extensive clinical data demonstrating
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- Join Nexalin Technology's Exclusive Live Investor Webinar and Q&A Session on May 23 [Yahoo! Finance]Yahoo! Finance
- Join Nexalin Technology’s Exclusive Live Investor Webinar and Q&A Session on May 23GlobeNewswire
- Nexalin Technology Regains Compliance with Nasdaq Continued Listing Requirements [Yahoo! Finance]Yahoo! Finance
- Nexalin Technology Regains Compliance with Nasdaq Continued Listing RequirementsGlobeNewswire
- Nexalin Technology CEO Provides Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
NXL
Sec Filings
- 5/14/24 - Form RW
- 5/10/24 - Form 10-Q
- 4/26/24 - Form 8-K
- NXL's page on the SEC website