---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-076820"
form_type: "8-K"
ticker: "NXTT"
cik: "0001784970"
company_name: "Next Technology Holding Inc."
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:31:13.521439+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WeTrade Group raises $12M via private placement of 1.47M shares at $8.19/share

## Summary
- Issued 1,465,200 shares at $8.19 per share for total proceeds of $12,000,000.
- Price per share is above the prior closing of $8.13 on September 12, 2023.
- Transaction involves Regulation S investors (non-U.S. persons) and is exempt from registration.
- Proceeds will be used for general corporate purposes.
- Closing expected on or before September 27, 2023, with customary conditions.

## SEC filing metadata
- accession: 0001213900-23-076820
- form_type: 8-K
- ticker: NXTT
- cik: 0001784970
- company_name: Next Technology Holding Inc.
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784970/000121390023076820/0001213900-23-076820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784970/000121390023076820/ea185281-8k_wetrade.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-076820
- JSON: https://secwatch.observer/filing/0001213900-23-076820.json
- Plain text: https://secwatch.observer/filing/0001213900-23-076820.txt

## Key facts
- Material Agreements
  Next Technology Holding Inc. entered into a equity purchase with certain Regulation S investors (the "Purchasers") valued at $12,000,000 (effective 2023-09-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain Regulation S investors (the "Purchasers")
  - Value: $12,000,000
  - Effective: 2023-09-13
  source text: On September 13, 2023, Wetrade Group Inc., a Wyoming corporation (the “Company”) entered into those certain subscription agreements with certain Regulation S investors (the "Purchasers"), pursuant to which the Company agrees to issue an aggregate of 1,465,200 shares of the company’s common stock for consideration of $12,000,000 at $8.19 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784970/000121390023076820/0001213900-23-076820-index.htm

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