---
schema_version: "secwatch.filing_event.v1"
accession: "0001099910-24-000185"
form_type: "8-K"
ticker: "NXTT"
cik: "0001784970"
company_name: "Next Technology Holding Inc."
filed_at: "2024-04-12T23:59:59+00:00"
generated_at: "2026-06-03T23:29:31.522718+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# NXTT subsidiary VDao unauthorized directorship change & share transfer; funds frozen

## Summary
- Unauthorized directorship change of VDao on Nov 14, 2023, using forged documents; current and former directors implicated.
- Former director Dai Zheng transferred VDao shares without authorization; company investigating.
- Attempted unauthorized access to company bank account; bank has frozen VDao account to prevent further misappropriation.
- Company also approved issuance of 411,280 shares at $4.80/share to settle $1,974,140 in professional fees.

## SEC filing metadata
- accession: 0001099910-24-000185
- form_type: 8-K
- ticker: NXTT
- cik: 0001784970
- company_name: Next Technology Holding Inc.
- filed_at: 2024-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000185/0001099910-24-000185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000185/nxtt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099910-24-000185
- JSON: https://secwatch.observer/filing/0001099910-24-000185.json
- Plain text: https://secwatch.observer/filing/0001099910-24-000185.txt

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