NextDecade raises $35M via private placement of 5.83M shares at $5.998/share

On February 3, 2023, NextDecade Corporation (the “ Company ”) entered into a common stock purchase agreement (the “ Stock Purchase Agreement ”) for a private placement (the “ Private Placement ”) with HGC NEXT INV LLC and Ninteenth Investment Company LLC (each a “ Purchaser ” and collectively, the “ Purchasers ”), pursuant to which the Company agreed to sell, and the Purchasers severally agreed to purchase, an aggregate of 5,835,277 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a purchase price of $5.998 per share, representing the average closing trading price of the Common Stock for the five trading days immediately preceding signing the Stock Purchase Agreement, for an aggregate purchase price of approximately $35.0 million.