
NNOX SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds Nano-X Imaging (NNOX) Investors of Securities Class Action Lawsuit Deadline on August 11, 2026
Newsfile Corp
Published: Aug 02, 2026, 05:48 PM
Sentiment Analysis
Faruqi & Faruqi, LLP is investigating potential claims against Nano-X Imaging Ltd. ("Nano-X" or the "Company") (NASDAQ: NNOX) and reminds investors of the August 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants overstated purported efficiency gains achieved in Nano-X's operations, as well as the purported increased demand for its products; (2) in reality, Nano-X's production and manufacturing operations were poorly aligned with demand for the Company's products; (3) as a result, Nano-X was experiencing significantly increased operating expenses and cash burn; (4) the foregoing significantly increased the likelihood that Nano-X would be forced to take disruptive remedial measures with respect to its manufacturing operations, entailing significant restructuring and impairment charges; and (5) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On April 20, 2026, Nano-X issued a press release announcing its fourth quarter 2025 financial results and providing a business update. Among other items, Nano-X reported a net loss of $33.4 million for the quarter, mainly due to a $17.5M charge attributed to impairment of long-lived assets following a restructuring initiative at its Korean chip manufacturing facility.
Nano-X also announced that CFO Ran Daniel would step down from that role on July 31, 2026.
On this news, Nano-X's stock price fell $0.6950 per share, or 24.39%, to close at $2.1550 per share on April 20, 2026.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Nano-X's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Source: Newsfile Corp
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