---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-018757"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:36:15.765697+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NextNRG raises $500K via two secured convertible notes with variable pricing and onerous terms

## Summary
- Issued $275K note to Agile Hudson Partners for $250K net; 10% OID plus 50,000 commitment shares.
- Issued $275K note to FirstFire Global Opportunities for $250K net; same OID, commitment shares, and variable conversion at 80% of lowest VWAP (floor $0.10).
- Notes mature April 2027, prepayable at 100-110% of principal+interest; default triggers 150% penalty and $5K monthly increase.
- Negative covenant bans variable-rate transactions until notes extinguished; both notes rank pari passu with existing Leviston and FirstFire secured debt.

## SEC filing metadata
- accession: 0001493152-26-018757
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226018757/0001493152-26-018757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226018757/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-018757
- JSON: https://secwatch.observer/filing/0001493152-26-018757.json
- Plain text: https://secwatch.observer/filing/0001493152-26-018757.txt

## Source-grounded claims
- claim_id: f145688a9f734dcf16a5a77ee59e54fbc4166fa6
  claim: NEXTNRG, INC. incurred loan of $275,000 with Agile Hudson Partners LLC at one-time guaranteed interest charge of 10% maturing April 15, 2027.
  evidence_excerpt: On April 17, 2026, NextNRG, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Agile Hudson SPA”), dated as of April 15, 2026, with Agile Hudson Partners LLC (“Agile Hudson”), pursuant to which the Company issued a secured promissory note in the aggregate principal amount of $275,000 (the “Agile Hudson Note”) to Agile Hudson.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315226018757/0001493152-26-018757-index.htm
- claim_id: 96cdfb2594183bf59bdfe957526bd93bedfec4b4
  claim: NEXTNRG, INC. entered into Agile Hudson SPA with Agile Hudson Partners LLC valued at $275,000 (effective 2026-04-15).
  evidence_excerpt: On April 17, 2026, NextNRG, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Agile Hudson SPA”), dated as of April 15, 2026, with Agile Hudson Partners LLC (“Agile Hudson”), pursuant to which the Company issued a secured promissory note in the aggregate principal amount of $275,000 (the “Agile Hudson Note”) to Agile Hudson.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315226018757/0001493152-26-018757-index.htm

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