---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-043876"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:20:25.392818+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# EzFill enters $220K promissory note with Next Charging, related party, with 10% OID and conversion rights

## Summary
- $220K Note with $20K OID (10%), 8% interest for 9 months then 18%, due Feb 2024, auto-renewable.
- Default triggers 150% penalty and conversion right at avg closing price over 10 trading days.
- Michael Farkas, managing member of Next and ~20% EzFill owner, is related party; pending acquisition of Next.
- Note accelerates if EzFill completes a capital raise of at least $3M.

## SEC filing metadata
- accession: 0001493152-23-043876
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315223043876/0001493152-23-043876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315223043876/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043876
- JSON: https://secwatch.observer/filing/0001493152-23-043876.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043876.txt

## Key facts
- Material Agreements
  NEXTNRG, INC. entered into Note with Next Charging, LLC ("Next") valued at $220,000 (effective 2023-12-04).
  - Action: entry
  - Counterparty: Next Charging, LLC ("Next")
  - Value: $220,000
  - Effective: 2023-12-04
  source text: On December 4, 2023, the Company and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $220,000 (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223043876/0001493152-23-043876-index.htm

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