NEXGEL ANNOUNCES LEADERSHIP TRANSITION AND STRATEGIC REVIEW INITIATIVE

On August 20, 2026, NEXGEL, Inc. (NASDAQ: “NXGL”) based in Langhorne, Pennsylvania, unveiled several key measures aimed at bolstering operational performance, increasing liquidity, and maximizing shareholder value. The Company, also known as "NEXGEL," introduced new leadership, governance, and strategic plans to achieve these goals effectively.