{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-045913","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2023-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.633505+00:00","generated_at":"2026-06-07T08:11:10.837090+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"EzFill Holdings enters into $55,000 promissory note with Next Charging, related party","bullets":["On Dec 20, 2023, EzFill (EZFL) issued a $55,000 promissory note to Next Charging LLC with a $10,000 OID, bearing 8% interest for nine months then 18%.","The note matures Feb 20, 2024, with automatic 2-month extensions unless Next gives 10 days' notice; full balance due if EzFill raises at least $3 million.","Upon default, unpaid principal and interest are multiplied by 150%, and Next can convert outstanding amounts into EZFL common stock at the average closing price over 10 trading days.","Michael Farkas, managing member of Next, beneficially owns ~20% of EzFill's common stock; the parties have an unclosed exchange agreement for Next to become a wholly-owned subsidiary.","The note and related conversion rights may cause dilution for existing shareholders if triggered."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-045913","json":"https://secwatch.observer/filing/0001493152-23-045913.json","markdown":"https://secwatch.observer/filing/0001493152-23-045913.md","text":"https://secwatch.observer/filing/0001493152-23-045913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223045913/0001493152-23-045913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223045913/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T08:11:10.837090+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22b53d664debf8a979e48d74b82b7a783623c9e8","claim":"NEXTNRG, INC. entered into Note with Next Charging, LLC valued at $55,000 (effective 2023-12-20).","evidence_excerpt":"On December 20, 2023, the Company and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $55,000 (the “Loan”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315223045913/0001493152-23-045913-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Next Charging, LLC"},{"label":"Value","value":"$55,000"},{"label":"Effective","value":"2023-12-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}