---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-025539"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-05-28T12:05:40+00:00"
generated_at: "2026-05-28T12:10:53.174669+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextNRG closes $6.4M private placement of 10M shares at $0.64; will retire all convertible debt

## Summary
- Issued 10M shares at $0.64/share to a new institutional investor for gross proceeds of $6.4M.
- Proceeds to eliminate $2.42M of convertible debt and fund working capital/expansion.
- Investor becomes ~6% shareholder; directors and officers subject to 60-day lock-up.
- Placement agent fee is 7% of gross proceeds; resale registration to be filed within 10 days.
- Closing occurred on May 27, 2026, after signing on May 25, 2026.

## SEC filing metadata
- accession: 0001493152-26-025539
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-05-28T12:05:40+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226025539/0001493152-26-025539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226025539/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-025539
- JSON: https://secwatch.observer/filing/0001493152-26-025539.json
- Plain text: https://secwatch.observer/filing/0001493152-26-025539.txt

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