secwatch.observer — SEC 8-K summary
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Issuer:     NextDecade Corp (NEXT)
CIK:        0001612720
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001437749-23-002411
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextDecade raises $35M via private placement of 5.83M shares at $5.998/share
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- Sold 5,835,277 shares at $5.998/share to two existing stockholders for $35M.
- Proceeds to fund development activity ahead of FID on Rio Grande LNG trains 1-3.
- Closing expected on or about Feb 8, 2023; shares issued under Section 4(a)(2) exemption.
- Purchasers HGC NEXT INV LLC and Ninteenth Investment Company LLC each hold director nomination rights.
- Company to file resale registration statement within 90 days post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1612720/000143774923002411/0001437749-23-002411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1612720/000143774923002411/next20230202_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-002411

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