---
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"
generated_at: "2026-05-17T07:39:15.526832+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Next Technology raises $9M in registered direct offering; faces Nasdaq delisting for 'public shell' status

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-085190
- JSON: https://secwatch.observer/filing/0001213900-25-085190.json
- Plain text: https://secwatch.observer/filing/0001213900-25-085190.txt

## Key facts
- Listing & Compliance Notices
  Next Technology Holding Inc. received a nasdaq delisting notice notice regarding other (rules 5101).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5101
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1784970/000121390025085190/0001213900-25-085190-index.htm

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