{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-068422","form_type":"8-K","ticker":"NN","cik":"0001865631","company_name":"NEXTNAV INC.","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.837529+00:00","generated_at":"2026-06-22T15:30:34.473548+00:00","sec_items":["1.01","2.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NextNav acquires Nestwave for $19.3M to reduce TerraPoiNT deployment costs by ~75%","bullets":["$18M enterprise value: $4.3M cash + $15M stock (5.1M shares issued). Closed Oct 31, 2022.","Acquisition cuts TerraPoiNT deployment CapEx ~75% (over $250M savings) and lowers OpEx.","Nestwave's LTE/5G tech optimizes NextNav's 900MHz spectrum for resilient PNT and GPS backup.","Nestwave CEO becomes NextNav VP/GM France; CTO becomes VP Engineering. Employees remain."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-068422","json":"https://secwatch.observer/filing/0001213900-22-068422.json","markdown":"https://secwatch.observer/filing/0001213900-22-068422.md","text":"https://secwatch.observer/filing/0001213900-22-068422.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865631/000121390022068422/0001213900-22-068422-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865631/000121390022068422/nn-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T15:30:34.473548+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":"35b06a5595cd516f69d53a9015862e0ac51226c4","claim":"NEXTNAV INC. completed an acquisition involving the shareholders (the \"Sellers\") of Nestwave, SAS for enterprise value of $18.0 million (closed 2022-10-31).","evidence_excerpt":"On October 31, 2022 (the “Closing Date”), NextNav Inc. (the “Company”) entered into a Share Transfer Agreement (the “Agreement”) with the shareholders (the “Sellers”) of Nestwave, SAS, a French société par actions simplifiée (“Nestwave”), pursuant to which the Company acquired all of the issued shares of Nestwave , for an enterprise value of $18.0 million with a gross consideration value of $19.3 million, as follows: · $4.3 million in cash, which is subject to customary adjustments in accordance with the Agreement; and · $15.0 million by issuance of 5.1 million shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), comprised of 4.0 million shares of Common Stock that were issued on the Closing Date (the “Closing Shares”) and 1.1 million Post-Closing Issued Shares (as described below).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865631/000121390022068422/0001213900-22-068422-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"the shareholders (the \"Sellers\") of Nestwave, SAS"},{"label":"Consideration","value":"enterprise value of $18.0 million"},{"label":"Closing","value":"2022-10-31"}],"fact_type":"ma_transaction"},{"claim_id":"bb594cae239661c10c46d1a7d54f4bff47372654","claim":"NEXTNAV INC. entered into Share Transfer Agreement with the shareholders (the \"Sellers\") of Nestwave, SAS valued at enterprise value of $18.0 million with a gross consideration value of $19.3 million (effective 2022-10-31).","evidence_excerpt":"On October 31, 2022 (the “Closing Date”), NextNav Inc. (the “Company”) entered into a Share Transfer Agreement (the “Agreement”) with the shareholders (the “Sellers”) of Nestwave, SAS, a French société par actions simplifiée (“Nestwave”), pursuant to which the Company acquired all of the issued shares of Nestwave , for an enterprise value of $18.0 million with a gross consideration value of $19.3 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865631/000121390022068422/0001213900-22-068422-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"the shareholders (the \"Sellers\") of Nestwave, SAS"},{"label":"Value","value":"enterprise value of $18.0 million with a gross consideration value of $19.3 million"},{"label":"Effective","value":"2022-10-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}