---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-000161"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:49:27.976612+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextNRG subsidiary sued by lender for default on $5M promissory note

## Summary
- Original $5M promissory note dated Dec 16, 2024, matured March 31, 2025, extended to Nov 1, 2025.
- Lender Cohen Global Energy LLC filed complaint Dec 24, 2025 alleging default for failure to repay by maturity.
- Lender seeks immediate repayment of outstanding balance plus default charges under the note.
- Company retained counsel to defend; outcome of litigation cannot be predicted.

## SEC filing metadata
- accession: 0001493152-26-000161
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226000161/0001493152-26-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226000161/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-000161
- JSON: https://secwatch.observer/filing/0001493152-26-000161.json
- Plain text: https://secwatch.observer/filing/0001493152-26-000161.txt

## Source-grounded claims
- claim_id: b24a32ef9bd67bdbe5bbe3373a700e54aea823d0
  claim: NEXTNRG, INC. faced acceleration on loan of $5.0 million with Cohen Global Energy LLC.
  evidence_excerpt: As previously disclosed in the Company’s Quarterly Reports on Form 10-Q, the Borrower issued a promissory note dated December 16, 2024 in the original principal amount of $5.0 million (as amended, the “Note”). The Note initially matured March 31, 2025. The Company negotiated amendments to the Note and extensions through November 1, 2025. The negotiations for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315226000161/0001493152-26-000161-index.htm

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