Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NEXTNRG, INC. entered into First Amendment to Security Agreement with AJB Capital Investments, LLC valued at Amendment to security agreement dated April 19, 2023, to revise Obligations definition to include ne (effective 2023-09-22).
- Action
- entry
- Counterparty
- AJB Capital Investments, LLC
- Value
- Amendment to security agreement dated April 19, 2023, to revise Obligations definition to include ne
- Effective
- 2023-09-22
Exact text from the filing
Also on September 22, 2023, the Company and AJB entered into a first amendment to the security agreement (the “Amendment”), which amends the security agreement dated April 19, 2023, pursuant to which the Company granted a security interest in its assets to secure the obligations of the Company in respect to that promissory note in the principal amount of $1,500,000, as amended on May 17 and August 3, 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
NEXTNRG, INC. entered into Securities Purchase Agreement with AJB Capital Investments, LLC valued at 10% promissory note in the principal amount of $600,000 with an original issue discount of $60,000; (effective 2023-09-22).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- AJB Capital Investments, LLC
- Value
- 10% promissory note in the principal amount of $600,000 with an original issue discount of $60,000;
- Effective
- 2023-09-22
Exact text from the filing
Entry into a Material Definitive Agreement. Entry into the Securities Purchase Agreement and Promissory Note On September 22, 2023, EzFill Holdings, Inc. (the “Company”) and AJB Capital Investments, LLC (“AJB” or the “Investor”) entered into a securities purchase agreement (the “Agreement”) wherein the Company agreed to issue a 10% promissory note to the Investor in the principal amount of $600,000 (the “Note”), with an original issue discount of $60,000.
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