---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-008565"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:42:12.396271+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nextracker acquires Ojjo Inc. for ~$119M in all-cash deal

## Summary
- All-cash acquisition of Ojjo, Inc. for approximately $119 million.
- Ojjo specializes in foundation technology and services for utility-scale solar ground-mount applications.
- Purchase price subject to working capital and other customary purchase price adjustments.
- Announcement made on June 20, 2024.

## SEC filing metadata
- accession: 0000950103-24-008565
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852131/000095010324008565/0000950103-24-008565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000095010324008565/dp213069_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-008565
- JSON: https://secwatch.observer/filing/0000950103-24-008565.json
- Plain text: https://secwatch.observer/filing/0000950103-24-008565.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.