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NEXGEL, INC. logo
NXGL$3.74-1.32%

Nexgel, Inc.

Sector: Surgical & Medical Instruments & ApparatusIndustry: Medical - Instruments & SuppliesCountry: USExchange: Nasdaq

Mkt Cap$1.82M
Float & O/S
Inst Own

DilutionScan read 28 of NEXGEL, INC.'s SEC filings and found 21 warrant series, 7 convertibles, 1 shelf registration, 3 S-1 registrations and 5 completed offerings on file for NXGL. The latest dilution event on file is a registration statement on Aug 20, 2026. Analysis updated Oct 14, 2026.

Signal8 Summary

Raise routes on file: pending S-1 · latest dilution event 75 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Aug 20, 2026 · Registration

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 3

What is this?

Size, shares registered and dates with Pro

S-1 · resale registration

Issued 2026

Filed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2021

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2021

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 21

What is this?

Exercise price, shares and dates with Pro

April 17, 2026 investor warrants (April Purchase Agreement, initial closing)

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

May 2026 investor warrants (May Purchase Agreement)

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Placement agent warrant (2026 convertible note financing)

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2026

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 7

What is this?

Principal, conversion terms and dates with Pro

Series A Senior Secured Convertible Note (February 10, 2026)

Repaid

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

May 2026 Notes

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Convertible

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Shelf · 1

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2022

Expired

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 5

What is this?

Proceeds, price, shares and agent with Pro

Registered direct offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Know who's about to sell into your NXGL trade

Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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