---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-035221"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-07-29T21:00:17+00:00"
generated_at: "2026-07-29T21:02:16.179358+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NextNRG issues $2M senior secured convertible note at 12% interest, convertible at $0.75/share

## Summary
- Issued $2,000,000 senior secured convertible note to institutional investor; gross proceeds ~$1.8M.
- Note bears 12% annual interest, matures October 24, 2026, with possible 3-month extension.
- Conversion price fixed at $0.75 per share; note secured by substantially all company assets.
- Proceeds to be used for general corporate purposes and working capital.
- Investor granted right of participation in 100% of any subsequent placements while note outstanding.

## SEC filing metadata
- accession: 0001493152-26-035221
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-07-29T21:00:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226035221/0001493152-26-035221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226035221/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-035221
- JSON: https://secwatch.observer/filing/0001493152-26-035221.json
- Plain text: https://secwatch.observer/filing/0001493152-26-035221.txt

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