---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039904"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:23:37.801570+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EzFill to issue 100M shares for Next Charging; vesting tied to target acquisition and EV charging deployment

## Summary
- Issues 100M common shares to acquire 100% of Next Charging in amended exchange agreement.
- 70M shares vest at close if Next Charging completes specified target acquisition; otherwise 35M vest.
- 30M restricted shares vest upon commercial deployment of third solar/wireless EV charging system.
- Michael Farkas, ~20% beneficial owner of EzFill and $2.925M lender to Next Charging, represents members.
- Termination date for closing is December 30, 2023; conditions include patent assignment to Next Charging.

## SEC filing metadata
- accession: 0001493152-23-039904
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315223039904/0001493152-23-039904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315223039904/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039904
- JSON: https://secwatch.observer/filing/0001493152-23-039904.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039904.txt

## Key facts
- Material Agreements
  NEXTNRG, INC. entered into Amended and Restated Exchange Agreement with Members of Next Charging LLC and Michael Farkas valued at 100,000,000 shares of Common Stock (effective 2023-11-02).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Members of Next Charging LLC and Michael Farkas
  - Value: 100,000,000 shares of Common Stock
  - Effective: 2023-11-02
  source text: On November 2, 2023, the Company, the Members and the Members’ Representative executed an amended and restated agreement to replace the Original Exchange Agreement in its entirety (the “ Amended and Restated Exchange Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223039904/0001493152-23-039904-index.htm

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