{"schema_version":"secwatch.filing_event.v1","accession":"0001099910-24-000193","form_type":"8-K","ticker":"NXTT","cik":"0001784970","company_name":"Next Technology Holding Inc.","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.090566+00:00","generated_at":"2026-06-03T16:32:40.121972+00:00","sec_items":["2.01","1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Next Technology completes $13.4M acquisition of 20% stake in Bitcoin miner Future Dao Group","bullets":["Acquired 2,000 ordinary shares of Future Dao Group Holding Limited for $13.4M.","Purchase price paid with 3.94M shares of NXTT common stock valued at $3.40/share.","Stake represents approximately 20% of Future Dao Group's outstanding share capital.","Transaction aimed at expanding Bitcoin mining holdings and cryptocurrency presence.","Company expects acquisition to be accretive to EPS and enhance revenue/profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001099910-24-000193","json":"https://secwatch.observer/filing/0001099910-24-000193.json","markdown":"https://secwatch.observer/filing/0001099910-24-000193.md","text":"https://secwatch.observer/filing/0001099910-24-000193.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784970/000109991024000193/0001099910-24-000193-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784970/000109991024000193/nxtt_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T16:32:40.121972+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"79b1e2467772a0cb98de31f4006ced707ff96285","claim":"Next Technology Holding Inc. completed an acquisition involving Future Dao Group Holding Limited for $13,396,000 (closed 2024-04-17).","evidence_excerpt":"the entry into such agreement under Item 1.01. Method of Payment The transaction was completed at a per share purchase price of $6,698, for an aggregate purchase price of $13,396,000. The Purchase Price was paid by issuing 3,940,000 shares of common stock of the Company at an agreed-upon valuation of $3.4 per share. Purpose and Expected Benefits The Company","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784970/000109991024000193/0001099910-24-000193-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Future Dao Group Holding Limited"},{"label":"Consideration","value":"$13,396,000"},{"label":"Closing","value":"2024-04-17"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}