{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-085190","form_type":"8-K","ticker":"NXTT","cik":"0001784970","company_name":"Next Technology Holding Inc.","filed_at":"2025-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.981281+00:00","generated_at":"2026-05-17T07:39:15.526832+00:00","sec_items":["1.01","3.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Next Technology raises $9M in registered direct offering; faces Nasdaq delisting for 'public shell' status","bullets":["Sold 60M shares (or pre-funded warrants) at $0.15/share, raising ~$9M gross proceeds.","Pre-funded warrants for 34.7M shares exercised immediately; total shares issued 60M.","Received Nasdaq delisting notice on Aug 25 for being a 'public shell'; hearing scheduled Oct 7.","Company disagrees with Nasdaq's determination and has appealed; stay in effect pending hearing.","Intends to use net proceeds for working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-085190","json":"https://secwatch.observer/filing/0001213900-25-085190.json","markdown":"https://secwatch.observer/filing/0001213900-25-085190.md","text":"https://secwatch.observer/filing/0001213900-25-085190.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025085190/0001213900-25-085190-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025085190/ea0256179-8k_nexttech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:39:15.526832+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":"0d52d56640bea8816df9b268ddddd2d10ff0c2b5","claim":"Next Technology Holding Inc. received a nasdaq delisting notice notice regarding other (rules 5101).","evidence_excerpt":"August 25, 2025, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating Nasdaq’s view that the Company no longer has an operating business and is a “public shell” under Nasdaq Listing Rule 5101 and, as a result, unless the Company timely requests a hearing before a Hearings Panel (the “Panel”), it would be subject to delisting. The Company disagrees with Nasdaq’s view regarding the Company’s status as a “public shell” and has appealed Nasdaq’s determination by submitting a hearing request form on September 2, 2025. On Septe","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025085190/0001213900-25-085190-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Rules","value":"5101"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}