Nano-X Imaging investors face August 11 deadline to seek lead plaintiff in securities fraud lawsuit

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Glancy Prongay Wolke & Rotter LLP reminds investors that August 11, 2026 is the deadline to file a lead plaintiff motion in a class action lawsuit against Nano-X Imaging Ltd. The suit covers purchasers of Nano-X securities between March 31, 2025 and April 17, 2026. On April 20, 2026, Nano-X reported a fourth-quarter 2025 net loss of $33.4 million, including a $17.5 million impairment charge tied to restructuring at its Korean chip manufacturing facility, and announced its CFO would step down, causing the stock to drop 24.4% to $2.16 per share. The complaint alleges the company made materially false and misleading statements and failed to disclose that its production and manufacturing operations were poorly aligned with demand, leading to increased expenses and cash burn that ultimately forced disruptive remedial measures.

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Lawsuit alleges false statements and undisclosed operational misalignment, with reported loss and impairment.