Asymmetry Point LP Increases Stake in NEXGEL, INC. to 8.8%

On April 29, 2026, Asymmetry Point LP, along with Asymmetry Point Capital LLC and Mr. Aviv Argaman, filed a Schedule 13G/A disclosing an increased stake in NEXGEL, INC. (NXGL). The reporting persons now collectively hold 745,000 shares of common stock, representing an 8.8% ownership interest in the company. This reflects an increase from their previous position of 610,000 shares, which represented a 7.49% stake. Asymmetry Point Capital LLC serves as the General Partner of Asymmetry Point LP, and Mr. Aviv Argaman serves as the fund manager and President/Secretary of the General Partner; both are deemed to share sole voting and dispositive power over the shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership percentage calculation is based on 8,475,693 shares outstanding as of March 31, 2026.