{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009960","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.658923+00:00","generated_at":"2026-06-04T21:29:25.180035+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"EzFill issues $165K promissory note to affiliate Next Charging with conversion rights","bullets":["$165,000 promissory note to Next Charging, LLC for working capital; managing member owns ~20% of EzFill.","Note carries 10% OID ($15,000), 8% interest for first 9 months then 18%; matures May 8, 2024 with auto 2-month extensions.","Upon default, conversion price is greater of 10-day VWAP or $0.70 floor, capped at $2.05; subject to Nasdaq 19.99% cap.","EzFill issues 52,000 commitment fee shares to Next; note also accelerates if EzFill raises at least $3M.","Transaction reflects related-party nature as Next is to be acquired by EzFill under prior Exchange Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009960","json":"https://secwatch.observer/filing/0001493152-24-009960.json","markdown":"https://secwatch.observer/filing/0001493152-24-009960.md","text":"https://secwatch.observer/filing/0001493152-24-009960.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315224009960/0001493152-24-009960-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315224009960/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T21:29:25.180035+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":"b8e3976c5d2334816aaea57cfdfd7326ef0e3fb9","claim":"NEXTNRG, INC. entered into Note with Next Charging, LLC (\"Next\") valued at $165,000 (effective 2024-03-08).","evidence_excerpt":"On March 8, 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”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315224009960/0001493152-24-009960-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Next Charging, LLC (\"Next\")"},{"label":"Value","value":"$165,000"},{"label":"Effective","value":"2024-03-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}