secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001493152-25-007213
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 3.02, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextNRG completes share exchange with EzFill, raises $15M, appoints new CEO and CFO
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- Completed acquisition of NextNRG Holding Corp., issuing 100M shares (50M vested, 50M restricted) to shareholders.
- Priced and closed $15M public offering of 5M shares at $3.00; net proceeds ~$13.3M to expand business, repay debt.
- Michael Farkas appointed CEO and Executive Chairman; owns ~75.2% of outstanding common stock.
- Company name changed from EzFill Holdings to NextNRG, Inc.; new Nasdaq ticker NXXT.
- Joel Kleiner appointed CFO; previously served as NextNRG's CFO since August 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315225007213/0001493152-25-007213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315225007213/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-007213

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