NEXGEL to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25-26th, 2025
NEXGEL Presentation Announcement: NEXGEL, Inc. will have its CEO Adam Levy present at the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25, 2025, with a scheduled presentation at 9:30 a.m. ET.
Company Overview: NEXGEL is known for its high-water-content hydrogels used in healthcare and consumer products, and has been developing these products for over two decades, including brands like SilverSeal® and Hexagels®.
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- Revenue Expectations: Nexgelin's deal is anticipated to triple its annual revenue to $35 million.
- Profitability Outlook: The company is expected to become profitable upon closing the deal.

Announcement of Consideration: Nexgel has announced its consideration of terms for an agreement to license and acquire a portfolio of commercial-stage regenerative biomaterial products.
Focus on Regenerative Biomaterials: The agreement aims to enhance Nexgel's offerings in the field of regenerative biomaterials, which are used in various medical and commercial applications.

Funding Expectations: NEXGEL anticipates closing an additional financing round of $14.9 million in the first quarter or early second quarter of 2026.
Financial Strategy: The company is actively seeking to secure funds to support its growth and operational needs.

Potential Acquisition: Nexgel is in the process of a potential acquisition, which is currently subject to the completion of due diligence.
Due Diligence Requirement: Both Nexgel and the investor are required to complete due diligence before finalizing the acquisition.





