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Nexstim Oyj
Elimaenkatu 9 B
Phone: +358 92727170p:+358 92727170 HELSINKI, 00510  Finland Ticker: NXTMHNXTMH
Business Summary
Nexstim Oyj is a Finland-based medical technology company. It is focused on improving rehabilitation for stroke patients through the use of noninvasive brain stimulation. Its offering comprises: a diagnostic tool for brain surgery planning, Navigated Brain Stimulation (NBS) System, which comprises navigated transcranial magnetic stimulation (nTMS) device for presurgical mapping (PSM) of the motor and speech cortices; and a device for stroke therapy called Navigated Brain Therapy (NBT) System, which focuses stimulation on targeted locations in the brain in order to enhance rehabilitation process. The NBT System targets upper limb motor disability and is under Phase III pivotal clinical trial study at rehabilitation sites in the United States. The Company’s systems are used in over 100 facilities in research, therapy and neurosurgical planning purposes. Nexstim Oyj has two subsidiaries: Nexstim Inc and Nexstim Germany GmbH.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
3845 Electromedical and electrotherapeutic apparatus
8731 Commercial physical and biological research

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board LeenaNiemisto 61 11/11/2019 11/11/2019
Chief Executive Officer, Member of the Management Board Mikko J.Karvinen 46 6/16/2020 8/18/2014
Chief Financial Officer, Member of the Management Board JoonasJuokslahti 6/16/2020 2/11/2020
7 additional Officers and Directors records available in full report.

Business Names
Business Name
0W8N
5NXA
Nexstim Germany GmbH
Nexstim UK Ltd.
NXTMH
NXTMS

General Information
Number of Employees: 37 (As of 12/31/2023)
Outstanding Shares: 6,765,562 (As of 12/31/2023)
Shareholders: 7,638
Stock Exchange: HEL
Fax Number: +358 927271717


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Friday, April 19, 2024