---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-005903"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:25:05.320561+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# EzFill Holdings enters $165,000 promissory note with Next Charging, LLC at 8%/18% interest

## Summary
- Promissory note of $165,000 with $15,000 original issue discount for working capital.
- Interest rate 8% per annum for first nine months, then 18%; maturity April 7, 2024 with automatic 2-month extensions.
- Upon default, unpaid principal plus interest multiplied by 150% due; conversion right at VWAP or $0.70 floor.
- Managing member Michael Farkas of Next also beneficially owns ~20% of EzFill common stock.
- Loan may accelerate immediately if EzFill raises at least $3,000,000 in capital.

## SEC filing metadata
- accession: 0001493152-24-005903
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315224005903/0001493152-24-005903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315224005903/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-005903
- JSON: https://secwatch.observer/filing/0001493152-24-005903.json
- Plain text: https://secwatch.observer/filing/0001493152-24-005903.txt

## Key facts
- Material Agreements
  NEXTNRG, INC. entered into the Note with Next Charging, LLC valued at $165,000 (effective 2024-02-07).
  - Action: entry
  - Counterparty: Next Charging, LLC
  - Value: $165,000
  - Effective: 2024-02-07
  source text: On February 7, 2024, EzFill Holdings, Inc. (the “Company”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $165,000 (the “Loan”) to be used for the Company’s working capital needs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315224005903/0001493152-24-005903-index.htm

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