{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-005680","form_type":"8-K","ticker":"NXTT","cik":"0001784970","company_name":"Next Technology Holding Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.230456+00:00","generated_at":"2026-06-12T18:43:40.584324+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"WeTrade Group raises up to $616K via placement of 105,400 shares and warrants at $5.85/share","bullets":["Net proceeds up to $616,590 from sale of 105,400 shares at $5.85 each and five-year warrants at $5.15.","Warrants cover up to 100% of underlying shares; beneficial ownership limit set at 4.99% (max 9.99% after 61-day notice).","Closing on or about August 15, 2023; proceeds for general corporate purposes.","Securities issued under Regulation S exemption; no registration under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-005680","json":"https://secwatch.observer/filing/0001477932-23-005680.json","markdown":"https://secwatch.observer/filing/0001477932-23-005680.md","text":"https://secwatch.observer/filing/0001477932-23-005680.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784970/000147793223005680/0001477932-23-005680-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784970/000147793223005680/wetg_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:43:40.584324+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":"074ecd5ca15ec76ee15d0f954f1d98c900763ff0","claim":"Next Technology Holding Inc. entered into Subscription Agreement with certain investors (the \"Purchasers\") valued at net proceed of up to $616,590 (effective 2023-07-26).","evidence_excerpt":"On July 26, 2023, Wetrade Group Inc. (the \"Company\") entered into a Subscription Agreement (the \"Subscription Agreement\") with certain investors (the \"Purchasers\"), pursuant to which the Company will receive a net proceed of up to $616,590 in consideration of the issuance","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784970/000147793223005680/0001477932-23-005680-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain investors (the \"Purchasers\")"},{"label":"Value","value":"net proceed of up to $616,590"},{"label":"Effective","value":"2023-07-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}