---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032493"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:51:28.781995+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NextPlat settles lawsuit with former CFO Thomas Seifert for $750,000

## Summary
- Company pays former CFO Thomas Seifert $150,000 settlement plus $600,000 legal fee reimbursement.
- Total cash consideration of $750,000 to resolve ongoing litigation.
- Both parties agree to dismiss lawsuit with prejudice and release all claims.

## SEC filing metadata
- accession: 0001437749-24-032493
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774924032493/0001437749-24-032493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774924032493/nxpl20241029_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032493
- JSON: https://secwatch.observer/filing/0001437749-24-032493.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032493.txt

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