{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-005249","form_type":"8-K","ticker":"NEXT","cik":"0001612720","company_name":"NextDecade Corp","filed_at":"2022-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.376974+00:00","generated_at":"2026-06-27T01:37:17.904640+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NextDecade issues $5M Series C Preferred to TEP Next Decade, an Energy & Power affiliate","bullets":["Sold 5,000 shares at $1,000 each for $5M; additional 100 shares as origination fee.","Preferred pays 12% cumulative dividend, payable quarterly in cash or in-kind.","Warrants attached: 0.071% of fully diluted common, exercise at $0.01/share, 3-year term.","Mandatory conversion upon FID event or by March 2031; optional conversion if stock hits 175% of Series A/B conversion price.","TEP Next Decade (Energy & Power Transition Partners affiliate) is the sole buyer."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-005249","json":"https://secwatch.observer/filing/0001437749-22-005249.json","markdown":"https://secwatch.observer/filing/0001437749-22-005249.md","text":"https://secwatch.observer/filing/0001437749-22-005249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1612720/000143774922005249/0001437749-22-005249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1612720/000143774922005249/next20220302_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T01:37:17.904640+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}