{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-076388","form_type":"8-K","ticker":"NXTT","cik":"0001784970","company_name":"Next Technology Holding Inc.","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.231253+00:00","generated_at":"2026-06-10T19:15:33.561269+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"WeTrade Group terminates $35M convertible debenture agreement with investors","bullets":["On Sept 13, 2023, mutually terminated Aug 23 securities purchase agreements for $35M convertible debentures and warrants.","Subscription fees (HKD) will be returned to investors within 15 business days of termination.","All obligations under the transaction documents are cancelled; parties release all claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-076388","json":"https://secwatch.observer/filing/0001213900-23-076388.json","markdown":"https://secwatch.observer/filing/0001213900-23-076388.md","text":"https://secwatch.observer/filing/0001213900-23-076388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784970/000121390023076388/0001213900-23-076388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784970/000121390023076388/ea185174-8k_wetrade.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T19:15:33.561269+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":"655d42c21b8197a5506cc1bf84f6a3c2730e712a","claim":"Next Technology Holding Inc. terminated Termination Agreement with Purchasers valued at $35,000,000 (effective 2023-09-13).","evidence_excerpt":"On September 13, 2023, the Company and each of the Purchasers entered into a termination agreement (the “Termination Agreement”), which mutually terminated all obligations arising out of the Transaction Documents.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784970/000121390023076388/0001213900-23-076388-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Purchasers"},{"label":"Value","value":"$35,000,000"},{"label":"Effective","value":"2023-09-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}