{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-017430","form_type":"8-K","ticker":"NEXT","cik":"0001612720","company_name":"NextDecade Corp","filed_at":"2023-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.667830+00:00","generated_at":"2026-06-14T01:15:47.424110+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TotalEnergies to acquire 17.5% of NextDecade for $219.4M; GIP becomes majority investor in RGLNG Phase 1","bullets":["TotalEnergies to purchase 17.5% of NextDecade common stock in three tranches for aggregate ~$219.4M; first tranche of $40M closed June 14.","Second tranche of $110M at $4.9837/share triggers after FID; third tranche conditioned on shareholder approval.","TotalEnergies commits to 5.4 MTPA LNG offtake for 20 years from Phase 1 (Trains 1-3), FOB, Henry Hub index.","GIP to become majority investor in Rio Grande LNG Phase 1; both GIP and TotalEnergies have options for Trains 4, 5, and CCS.","NextDecade targets FID on Phase 1 by end of Q2 2023, supported by these framework agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-017430","json":"https://secwatch.observer/filing/0001437749-23-017430.json","markdown":"https://secwatch.observer/filing/0001437749-23-017430.md","text":"https://secwatch.observer/filing/0001437749-23-017430.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1612720/000143774923017430/0001437749-23-017430-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1612720/000143774923017430/next20230613_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:15:47.424110+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":"0ae843a1bcb62cd876316f81c7e8a1211e9da262","claim":"NextDecade Corp entered into Stock Purchase Agreement with Global LNG North America Corp., an affiliate of TotalEnergies SE (effective 2023-06-13).","evidence_excerpt":"On June 13, 2023, NextDecade Corporation, a Delaware corporation (the “ Company ”), entered into a common stock purchase agreement (the “ Stock Purchase Agreement ”) for three private placements (each, a “ Private Placement ”) with Global LNG North America Corp., a Delaware corporation (the “ Purchaser ”) and an affiliate of TotalEnergies SE, pursuant to which the Company agreed to sell, and Purchaser agreed to purchase, (i) an aggregate of 8,026,165 shares (the “ Tranche 1 Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a purchase price of $4.9837 per share, for an aggregate purchase price of $39,999,998.51","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1612720/000143774923017430/0001437749-23-017430-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Global LNG North America Corp., an affiliate of TotalEnergies SE"},{"label":"Effective","value":"2023-06-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}