secwatch.observer — SEC 8-K summary
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Issuer:     Next Bridge Hydrocarbons, Inc. (—)
CIK:        0001936756
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001199835-26-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/0001199835-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936756/000119983526000018/nbh-8k.htm
  HTML page:      https://secwatch.observer/filing/0001199835-26-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer