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Urgent Deadline for Shareholders who lost money in shares of Nano-X Imaging Ltd. (NASDAQ: NNOX)

NNOX
  • Wolf Haldenstein Adler Freeman & Herz LLP announced a class action lawsuit against Nano-X Imaging Ltd. (NASDAQ: NNOX) for investors who bought securities between March 31, 2025, & April 17, 2026.
  • The lead-plaintiff deadline to join the case is August 11, 2026.
  • The complaint alleges defendants overstated efficiency gains & product demand while failing to disclose misaligned operations, rising operating expenses, & high cash burn.
  • Defendants allegedly concealed the risk of disruptive restructuring & impairment charges resulting from poor manufacturing alignment.
  • Truth emerged on April 20, 2026, when Nano-X reported a Q4 2025 net loss of $33.4 million, including a $17.5 million impairment charge from its Korean facility restructuring.
  • The April 20 disclosures confirmed the need to shift to an outsourced production model & announced CFO Ran Daniel's departure effective July 31, 2026.
  • CEO Erez Meltzer also admitted on the earnings call the necessity to reduce operating expenses & cash burn in the Korean operation.
  • Nano-X stock fell 24.39% ($0.695 per share) to close at $2.155 following the April 20, 2026 disclosures.
  • The firm invites affected investors to contact them via phone or email with no cost or obligation.