---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029301"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-06-18T19:50:28+00:00"
generated_at: "2026-06-18T19:51:08.232562+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NextNRG issues 260,000 shares to CEO Farkas in exchange for debt forgiveness of $100,360

## Summary
- Issued 260,000 shares to CEO Michael D. Farkas at $0.386/share, aggregate $100,360.
- Farkas absolved company of $100,360 in liabilities under a March 2024 promissory note.
- The promissory note is terminated upon issuance of the shares.
- Transaction approved by Board; shares issued as restricted stock under exemption from registration.

## SEC filing metadata
- accession: 0001493152-26-029301
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-06-18T19:50:28+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226029301/0001493152-26-029301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226029301/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029301
- JSON: https://secwatch.observer/filing/0001493152-26-029301.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029301.txt

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