secwatch.observer — SEC 8-K summary
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Issuer:     Next Technology Holding Inc. (NXTT)
CIK:        0001784970
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001099910-24-000245
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Next Technology issues 411K shares at $4.80 to settle $1.97M in professional fees
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- Issued 411,280 shares of common stock to consultants at $4.80 per share.
- Aggregate value of issuance: $1,974,140, fully satisfying outstanding professional fees.
- Shares issued under Section 4(a)(2) and Regulation S exemptions; not registered.
- Board had approved the issuance on April 8, 2024; completed on May 23, 2024.
- The shares are restricted securities subject to resale limitations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784970/000109991024000245/0001099910-24-000245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784970/000109991024000245/nxtt_8k.htm
  HTML page:      https://secwatch.observer/filing/0001099910-24-000245

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