---
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"
generated_at: "2026-06-12T18:43:40.584324+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# WeTrade Group raises up to $616K via placement of 105,400 shares and warrants at $5.85/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-005680
- JSON: https://secwatch.observer/filing/0001477932-23-005680.json
- Plain text: https://secwatch.observer/filing/0001477932-23-005680.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors (the "Purchasers")
  - Value: net proceed of up to $616,590
  - Effective: 2023-07-26
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1784970/000147793223005680/0001477932-23-005680-index.htm

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