---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029176"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:43:14.497643+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EzFill to acquire Next Charging in all-stock deal; issues 100M shares

## Summary
- EzFill acquires 100% of Next Charging LLC for 100M shares of common stock (16M vest at close; 84M restricted).
- Michael Farkas, current Next Charging CEO and ~24% EzFill holder, to become CEO, Director and Executive Chairman at close.
- Closing requires shareholder approval to boost authorized shares from 50M to 500M; target by Dec 30, 2023.
- Restricted shares vest upon milestones: acquisitions, funding, fueling stations, EV charging deployments.
- Next Charging develops wireless EV charging with battery storage and solar; becomes wholly-owned subsidiary.

## SEC filing metadata
- accession: 0001493152-23-029176
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315223029176/0001493152-23-029176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315223029176/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029176
- JSON: https://secwatch.observer/filing/0001493152-23-029176.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029176.txt

## Key facts
- Material Agreements
  NEXTNRG, INC. entered into Exchange Agreement with the members of Next Charging LLC and Michael Farkas valued at 100% of the membership interests of Next Charging ... in exchange for 100,000,000 shares of Common S (effective 2023-08-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the members of Next Charging LLC and Michael Farkas
  - Value: 100% of the membership interests of Next Charging ... in exchange for 100,000,000 shares of Common S
  - Effective: 2023-08-10
  source text: On August 10, 2023, EzFill Holdings, Inc. (the “ Company ”) , the members (the “ Members ”) of Next Charging LLC (“ Next Charging ”) and Michael Farkas, an individual, as the representative of the members, entered into an Exchange Agreement (the “ Exchange Agreement ”), pursuant to which the Company agreed to acquire from the Members 100% of the membership interests of Next Charging (the “ Membership Interests ”) in exchange for the issuance (the “ Share Exchange ”) by the Company to the Members of shares of common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223029176/0001493152-23-029176-index.htm

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