{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-011742","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2023-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.806303+00:00","generated_at":"2026-06-17T04:18:05.215867+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"EzFill enters $262.5K promissory note with related party; 13% interest, potential 2.5M share penalty","bullets":["Principal $262,500 includes $12,500 OID; matures April 4, 2024.","Interest 5% for first month then 13% per annum thereafter.","Lender is The Farkas Group, controlled by Michael Farkas, ~26% shareholder (related party).","Note becomes immediately due if EzFill raises $750K+ in debt or equity.","Failure to repay within 48 hours of maturity/early trigger requires issuing 2.5M common shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-011742","json":"https://secwatch.observer/filing/0001493152-23-011742.json","markdown":"https://secwatch.observer/filing/0001493152-23-011742.md","text":"https://secwatch.observer/filing/0001493152-23-011742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223011742/0001493152-23-011742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223011742/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:18:05.215867+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":"f559510b524bbe8b6e275e6e7af0c6823e2f8162","claim":"NEXTNRG, INC. incurred loan of $262,500 with The Farkas Group, Inc. at 5% per annum for the first month and 13% per annum thereafter maturing April 4, 2024.","evidence_excerpt":"is the beneficial owner of approximately 26% of the Company’s common stock and is the sole shareholder and President of the Lender. The Promissory Note has a principal sum of $262,500 including original issue discount of $12,500 and matures on April 4, 2024 (the “Maturity Date”). The unpaid principal balance of the Promissory Note from time to time outstanding","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223011742/0001493152-23-011742-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$262,500"},{"label":"Counterparty","value":"The Farkas Group, Inc."},{"label":"Rate","value":"5% per annum for the first month and 13% per annum thereafter"},{"label":"Maturity","value":"April 4, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6ed8fc140143f11f0c351b969007e8398c7ec453","claim":"NEXTNRG, INC. entered into Promissory Note with The Farkas Group, Inc. valued at $262,500 (effective 2023-04-04).","evidence_excerpt":"On April 4, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) entered into a promissory note (the “Promissory Note”) with The Farkas Group, Inc. (the “Lender”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223011742/0001493152-23-011742-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"The Farkas Group, Inc."},{"label":"Value","value":"$262,500"},{"label":"Effective","value":"2023-04-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}