---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-048155"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T03:16:01.349681+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextNav secures additional $20M in 10% Senior Secured Notes due 2026, total facility now $70M

## Summary
- Additional $20M aggregate principal amount of 10% Senior Secured Notes due Dec 2026, plus 7.4M common stock purchase warrants.
- Closing expected July 6, 2023; gross proceeds of $20M added to initial $50M closed May 9, 2023.
- Additional Notes and Warrants are substantially identical in terms to those issued at Initial Closing.
- Issued in a private placement under Section 4(a)(2) and Regulation D; B. Riley Securities acted as financial advisor.

## SEC filing metadata
- accession: 0001213900-23-048155
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390023048155/0001213900-23-048155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390023048155/nn-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-048155
- JSON: https://secwatch.observer/filing/0001213900-23-048155.json
- Plain text: https://secwatch.observer/filing/0001213900-23-048155.txt

## Key facts
- Debt Financings
  NEXTNAV INC. incurred senior notes of $20 million aggregate principal amount of 10.00% Senior Secured Notes due December 2026 with GLAS Trust Company, LLC at 10.00% maturing December 2026.
  - Instrument: senior notes
  - Principal: $20 million aggregate principal amount of 10.00% Senior Secured Notes due December 2026
  - Counterparty: GLAS Trust Company, LLC
  - Rate: 10.00%
  - Maturity: December 2026
  - Event: incurrence
  source text: binding commitments to purchase an additional $20 million aggregate principal amount of 10.00% Senior Secured Notes due December 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865631/000121390023048155/0001213900-23-048155-index.htm

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