secwatch / observer
8-K filed April 10, 2026, 7:59 PM ET ticker NXXT CIK 0001817004
debt confidence high sentiment negative materiality 0.70

NEXTNRG, INC. (NXXT): debt financing — NextNRG secures ~$2.3M in high-cost secured debt; includes convertible note and term loan

NEXTNRG, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NEXTNRG, INC. incurred convertible notes of $1,724,444 with Leviston Resources, LLC at 10% maturing October 1, 2026.

Instrument
convertible notes
Principal
$1,724,444
Counterparty
Leviston Resources, LLC
Rate
10%
Maturity
October 1, 2026
Event
incurrence
Exact text from the filing
2026 (the “Leviston SPA”), pursuant to which the Company agreed to sell, and Leviston agreed to purchase, a senior secured convertible promissory note in the principal amount of $1,724,444 (the “Leviston Note”) for a purchase price of $1,552,000. The Leviston Note carries an original issue discount of $172,444. Pursuant to the terms of the Leviston SPA, the Company
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NEXTNRG, INC. entered into Leviston SPA with Leviston Resources, LLC valued at principal amount of $1,724,444 (effective 2026-04-01).

Action
entry
Agreement
equity purchase
Counterparty
Leviston Resources, LLC
Value
principal amount of $1,724,444
Effective
2026-04-01
Exact text from the filing
On April 1, 2026, NextNRG, Inc. (the “Company”) and Leviston Resources, LLC (“Leviston”) entered into a Securities Purchase Agreement dated as of April 1, 2026 (the “Leviston SPA”), pursuant to which the Company agreed to sell, and Leviston agreed to purchase, a senior secured convertible promissory note in the principal amount of $1,724,444 (the “Leviston Note”) for a purchase price of $1,552,000.
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

NEXTNRG, INC. filing history →

Source: SEC EDGAR
accession 0001493152-26-016197
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