{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-013277","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.806503+00:00","generated_at":"2026-06-16T21:35:46.797184+00:00","sec_items":["1.01","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"EzFill issues $1.5M convertible note, grants 2M commitment shares to AJB Capital","bullets":["Note principal $1.5M with $150K OID; net proceeds $1.26M after fees.","Interest 10% (18% on default); maturity Oct 19, 2023.","Conversion only after default; initial conversion price floor $0.74 or VWAP.","Issued 2M commitment shares valued at $700K; repurchase option for $1 if note repaid by Oct 19.","Company granted security interest in all assets to secure obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-013277","json":"https://secwatch.observer/filing/0001493152-23-013277.json","markdown":"https://secwatch.observer/filing/0001493152-23-013277.md","text":"https://secwatch.observer/filing/0001493152-23-013277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223013277/0001493152-23-013277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223013277/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:35:46.797184+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":"6f1a8ba58e1aef1279c64315fde0a68c1b2e3f84","claim":"NEXTNRG, INC. entered into Securities Purchase Agreement with AJB Capital Investments, LLC (effective 2023-04-19).","evidence_excerpt":"On April 19, 2023, EzFill Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with AJB Capital Investments, LLC (the “Investor”) with respect to the sale and issuance to the Investor of: (i) an initial commitment fee in the amount of $700,000 in the form of 2,000,000 shares (the “Commitment Fee Shares”) of the Company’s common stock (the “Common Stock”) and (ii) a promissory note in the aggregate principal amount of $1,500,000 (the “Note”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223013277/0001493152-23-013277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"material_agreement"},{"claim_id":"7f4bc5649b9809d14a9d9bf9ec50d1bb62f94d9f","claim":"NEXTNRG, INC. entered into Security Agreement with AJB Capital Investments, LLC (effective 2023-04-19).","evidence_excerpt":"The Company entered into a security agreement with the Investor (the “Security Agreement”) pursuant to which the Company granted the Investor a security interest in all of the Company’s assets, securing the Company’s obligations under the Purchase Agreement and Note.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223013277/0001493152-23-013277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"material_agreement"},{"claim_id":"da6d4b8f32125ca507db8f5ca2e664bffcf46472","claim":"NEXTNRG, INC. entered into Note with AJB Capital Investments, LLC valued at $1,500,000 (effective 2023-04-19).","evidence_excerpt":"Pursuant to the terms of the Purchase Agreement, the initial Commitment Fee Shares were issued at a value of $700,000, the Note was issued in a principal amount of $1,500,000 for a purchase price of $1,350,000, resulting in an original issue discount of $150,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223013277/0001493152-23-013277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"AJB Capital Investments, LLC"},{"label":"Value","value":"$1,500,000"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}