---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-025497"
form_type: "8-K"
ticker: "NEXT"
cik: "0001612720"
company_name: "NextDecade Corp"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:11:56.836675+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextDecade closes $69.4M third-tranche equity sale to TotalEnergies affiliate, gets stockholder approval

## Summary
- Issued 14,802,055 shares to Global LNG North America Corp. (TotalEnergies affiliate) at aggregate price of $69,399,261.77.
- Third tranche brings TotalEnergies ownership to 17.5% of outstanding NextDecade common stock.
- Stockholder approval received at Sept 7 special meeting; 155.8M votes for, 0.5M against.
- Shares issued under Section 4(a)(2) exemption; no public offering involved.

## SEC filing metadata
- accession: 0001437749-23-025497
- form_type: 8-K
- ticker: NEXT
- cik: 0001612720
- company_name: NextDecade Corp
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1612720/000143774923025497/0001437749-23-025497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1612720/000143774923025497/next20230907_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-025497
- JSON: https://secwatch.observer/filing/0001437749-23-025497.json
- Plain text: https://secwatch.observer/filing/0001437749-23-025497.txt

## Key facts
- Shareholder Votes
  NextDecade Corp shareholders approved A vote to approve the issuance of up to 14,830,994 shares of Common Stock to the Purchaser for aggregate consideration of $69,399,261.77 million. at the 2023-09-07 meeting.
  - Outcome: passed
  - Meeting: 2023-09-07
  source text: Proposal 1 : A vote to approve the issuance of up to 14,830,994 shares of the Common Stock to the Purchaser for aggregate consideration of $69,399,261.77 million. For Against Abstain Broker Non-Votes 155,795,927 475,504 5,341 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1612720/000143774923025497/0001437749-23-025497-index.htm

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