NetworkNewsBreaks – LIXTE Biotechnology Holdings Inc. (NASDAQ: LIXT) Completes NOMAD Merger, Changes Name to NOMAD Power Solutions
LIXTE Biotechnology (NASDAQ: LIXT) announced the completion of its previously announced merger with NOMAD Transportable Power Systems Inc., making NOMAD a wholly owned subsidiary. In connection with the transaction, the company issued 2,992,041 shares of common stock and 50,366.07 shares of newly authorized Series D preferred stock to NOMAD's accredited stockholders. The company also announced it changed its corporate name to NOMAD Power Solutions Inc., effective July 3, 2026, and will begin trading under the ticker symbol "NMAD" on July 6, 2026. The company said the merger transforms its business to focus on deployable utility-grade battery energy storage systems, positioning…







