secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001493152-23-015022
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EzFill announces 1-for-8 reverse stock split to meet Nasdaq minimum bid price
-----------------------------------------------------------------------------

- Reverse split effective April 27, 2023; every 8 shares combine into 1, fractional shares rounded up.
- Outstanding common stock reduced from ~28.8M to ~3.6M shares.
- Authorized common decreased from 500M to 50M; preferred from 50M to 5M.
- Purpose: increase per-share price above $1.00 for continued Nasdaq listing.
- CUSIP for post-split common stock changed to 302314307.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223015022/0001493152-23-015022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223015022/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-015022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer