NEXGEL Announces 1-for-20 Reverse Stock Split and Split-Adjusted Trading on Nasdaq Capital Market
NEXGEL, Inc. (NXGL) announced a 1-for-20 reverse stock split, effective October 12, 2026. The split reduces outstanding shares from 9,747,663 to approximately 487,384, aiming to meet Nasdaq's $1.00 minimum bid price requirement. Trading continues under the symbol 'NXGL' on the Nasdaq Capital Market.
