secwatch.observer — SEC 8-K summary
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Issuer:     Next Bridge Hydrocarbons, Inc. (—)
CIK:        0001936756
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001199835-23-000264
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Next Bridge closes acquisitions, now owns 100% working interest in Orogrande Project
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- Closed Wolfbone merger and six Contribution Agreements on May 11, 2023, acquiring remaining 33.5% working interest in Orogrande Project.
- Issued 56,297,638 shares to Gregory McCabe for Wolfbone's 22.6249% interest.
- Issued 27,060,637 shares to six other owners for 10.8751% interest; total shares outstanding now 248,830,516.
- Next Bridge now holds 100% working interest across ~134,000 contiguous acres in the Orogrande Basin, West Texas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936756/000119983523000264/0001199835-23-000264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936756/000119983523000264/form-8k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-23-000264

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