NexGel announces special shareholder meeting
NXGL•Reverse stock split and adjournment proposal
Shareholders will also consider a discretionary reverse stock split, with the board able to choose a 1-for-2 to 1-for-20 ratio.
The company is seeking approval to allow adjournments if needed to secure enough votes on the share increase or reverse split.
Special stockholder meeting set for Sept. 23, 2026
NexGel will hold a special stockholder meeting in Langhorne, Pennsylvania on Sept. 23, 2026.
The company said shareholders will vote on raising authorized common shares to as many as 150,000,000 from 25,000,000, with the board setting the final amount.
