Nexgel Secures $1.8 Million Financing for Planned Acquisition

Reuters02-10 22:05

Nexgel Secures $1.8 Million Financing for Planned Acquisition

NEXGEL, Inc., a provider of healthcare, beauty, and OTC hydrogel products, has secured $1.797 million in financing related to a planned acquisition expected to close in the first quarter of 2026, pending the completion of due diligence by both NEXGEL and the investor. An additional investment of up to $14.869 million may follow, contingent on the successful conclusion of due diligence and other conditions. If the transaction does not proceed, the initial funds will be returned to the investor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexgel Inc. published the original content used to generate this news brief on February 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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