---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-26-000018"
form_type: "8-K"
ticker: null
cik: "0001936756"
company_name: "Next Bridge Hydrocarbons, Inc."
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:56:38.606653+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Next Bridge Hydrocarbons increases CEO promissory note capacity by $5M to $25M

## Summary
- Tenth Amendment to 5% unsecured promissory note with CEO Gregory McCabe raises borrowing limit from $20M to $25M.
- Amendment effective January 14, 2026; Audit Committee approved the increase; all other terms unchanged.
- Lender is Chairman/CEO and largest stockholder, making this a related-party transaction.

## SEC filing metadata
- accession: 0001199835-26-000018
- form_type: 8-K
- cik: 0001936756
- company_name: Next Bridge Hydrocarbons, Inc.
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/0001199835-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/nbh-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-26-000018
- JSON: https://secwatch.observer/filing/0001199835-26-000018.json
- Plain text: https://secwatch.observer/filing/0001199835-26-000018.txt

## Key facts
- Debt Financings
  Next Bridge Hydrocarbons, Inc. amended debt of up to $25,000,000 with Gregory McCabe at 5%.
  - Principal: up to $25,000,000
  - Counterparty: Gregory McCabe
  - Rate: 5%
  - Event: amendment
  source text: to increase the principal amount available for disbursement to the Company from $20,000,000 to up to $25,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/0001199835-26-000018-index.htm
- Material Agreements
  Next Bridge Hydrocarbons, Inc. amended Tenth Amendment to 5% Unsecured Promissory Note with Gregory McCabe valued at increase the principal amount available for disbursement to the Company from $20,000,000 to up to $2 (effective 2026-01-07).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Gregory McCabe
  - Value: increase the principal amount available for disbursement to the Company from $20,000,000 to up to $2
  - Effective: 2026-01-07
  source text: On January 7, 2026, the Company and Mr. McCabe entered into the Tenth Amendment to 5% Unsecured Promissory Note (the “Amendment”) to increase the principal amount available for disbursement to the Company from $20,000,000 to up to $25,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/0001199835-26-000018-index.htm

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