Nano-X Imaging Ltd. (NASDAQ: NNOX)

This lawsuit is for anyone who acquired securities in Nano-X Imaging Ltd. (NASDAQ: NNOX) from March 31, 2025 through April 17, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the efficiency of the Company’s operations when Nano-X was actually experiencing significant increases in operating expenses and cash burn which 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.

On April 20, 2026, Nano-X released its fourth quarter 2025 financial results, reported a net loss of $33.4 million, mainly due to a $17.5 million charge attributed to impairment of long-lived assets following a restructuring initiative at its Korean chip manufacturing facility. Additionally, the Company announced that its Chief Financial Officer would be stepping down from his position. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Nano-X Imaging Ltd. (NASDAQ: NNOX) from March 31, 2025 through April 17, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.