{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-024085","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.571408+00:00","generated_at":"2026-05-16T18:51:40.226619+00:00","sec_items":["2.03","3.02","1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NextNRG closes third tranche of $11.8M convertible note financing; receives $2.5M gross proceeds","bullets":["Third closing on Nov 12, 2025: issued $2.95M senior secured convertible notes (conversion price $1.688) and warrants for 750k shares.","Gross proceeds of $2.5M, reflecting 18% original issue discount on notes.","Aggregate principal amount of Notes issued to date: $8.85M out of $11.8M total commitment.","Warrants have exercise price of $5.00 per share; Due Diligence Notes of $295k also issued.","Shares underlying third closing notes and warrants registered via prospectus supplement filed Nov 18."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-024085","json":"https://secwatch.observer/filing/0001493152-25-024085.json","markdown":"https://secwatch.observer/filing/0001493152-25-024085.md","text":"https://secwatch.observer/filing/0001493152-25-024085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315225024085/0001493152-25-024085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315225024085/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:51:40.226619+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":"e50644a5180e57d7aa399d9a76a97b0d7fb1f481","claim":"NEXTNRG, INC. incurred senior notes of the aggregate original principal amount of up to $11,800,000 with an accredited investor.","evidence_excerpt":"the Company agreed to sell, and the Investor agreed to purchase (i) senior secured convertible notes of the Company, in the aggregate original principal amount of up to $11,800,000 (the “Notes”), which are convertible into shares of common stock, par value $0.0001 per share, of the Company (“Common Stock”), and (ii) warrants to purchase up to 3,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1817004/000149315225024085/0001493152-25-024085-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"the aggregate original principal amount of up to $11,800,000"},{"label":"Counterparty","value":"an accredited investor"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}