---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-045268"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:25:03.730269+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# EzFill enters $110K promissory note with Next Charging, related-party transaction

## Summary
- Promissory note of $110,000 with $10,000 OID (10% of principal).
- Interest: 8% for first 9 months, then 18% until maturity on Feb 18, 2024.
- Maturity auto-extends in 2-month periods unless Next gives 10-day notice.
- On default, unpaid principal + interest × 150% becomes due; Next can convert to common stock at 10-day VWAP.
- Michael Farkas, managing member of Next, beneficially owns ~20% of EzFill common stock.

## SEC filing metadata
- accession: 0001493152-23-045268
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315223045268/0001493152-23-045268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315223045268/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-045268
- JSON: https://secwatch.observer/filing/0001493152-23-045268.json
- Plain text: https://secwatch.observer/filing/0001493152-23-045268.txt

## Key facts
- Material Agreements
  NEXTNRG, INC. entered into Note with Next Charging, LLC valued at $110,000 (effective 2023-12-18).
  - Action: entry
  - Counterparty: Next Charging, LLC
  - Value: $110,000
  - Effective: 2023-12-18
  source text: On December 18, 2023, the Company and Next Charging, LLC ("Next") entered into a promissory note (the "Note") for the sum of $110,000 (the "Loan").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315223045268/0001493152-23-045268-index.htm

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