---
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"
generated_at: "2026-05-16T18:51:40.226619+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextNRG closes third tranche of $11.8M convertible note financing; receives $2.5M gross proceeds

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 3.02, 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-024085
- JSON: https://secwatch.observer/filing/0001493152-25-024085.json
- Plain text: https://secwatch.observer/filing/0001493152-25-024085.txt

## Key facts
- Debt Financings
  NEXTNRG, INC. incurred senior notes of the aggregate original principal amount of up to $11,800,000 with an accredited investor.
  - Instrument: senior notes
  - Principal: the aggregate original principal amount of up to $11,800,000
  - Counterparty: an accredited investor
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315225024085/0001493152-25-024085-index.htm

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