NextNRG issues 1M restricted shares to CEO at $1.04 to settle $1.04M interest debt

NEXTNRG, INC.

1,000,000 restricted shares issued to CEO Michael D. Farkas at $1.04 per share.
Shares settle $1,040,000 of accrued interest on promissory notes from June 2023 to Feb 2025.
Principal of the promissory notes remains outstanding.
Transaction is a related-party debt-for-equity swap; no cash proceeds to the company.

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