---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-031879"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:33:20.618241+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# EzFill issues $165K promissory note to Next Charging; 10% OID, 8% interest

## Summary
- Principal $165,000 with $15,000 original issue discount (10% of face).
- Interest 8% for first 9 months, then 18% on entire balance; maturity Oct 30, 2023 with auto 2-month extensions.
- Note becomes immediately due if company raises $3M+ capital.
- Default triggers 150% penalty on outstanding and conversion right at 10-day average closing price.
- Next Charging managed by Michael Farkas, who owns ~24% of EZFL; pending Exchange Agreement to acquire Next.

## SEC filing metadata
- accession: 0001493152-23-031879
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315223031879/0001493152-23-031879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315223031879/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-031879
- JSON: https://secwatch.observer/filing/0001493152-23-031879.json
- Plain text: https://secwatch.observer/filing/0001493152-23-031879.txt

## Key facts
- Debt Financings
  NEXTNRG, INC. incurred loan of $165,000 with Next Charging, LLC at 8% per annum for the first nine months, afterward, the Note will begin to accrue maturing October 30, 2023.
  - Instrument: loan
  - Principal: $165,000
  - Counterparty: Next Charging, LLC
  - Rate: 8% per annum for the first nine months, afterward, the Note will begin to accrue
  - Maturity: October 30, 2023
  - Event: incurrence
  source text: On August 30, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $165,000 (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223031879/0001493152-23-031879-index.htm
- Material Agreements
  NEXTNRG, INC. entered into Note with Next Charging, LLC valued at $165,000 (effective 2023-08-30).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Next Charging, LLC
  - Value: $165,000
  - Effective: 2023-08-30
  source text: On August 30, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $165,000 (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223031879/0001493152-23-031879-index.htm

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