---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-038535"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2026-08-14T21:56:59+00:00"
generated_at: "2026-08-17T10:05:46.784524+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NextNRG closes initial $9.2M Series C preferred financing; up to $27.2M

## Summary
- Initial closing: 1,000,000 Series C preferred shares sold for $9.2M; $2M paid by cancelling $2M senior secured convertible note.
- Series C pays 12.5% annual dividend, convertible at $0.75/share initially, with full-ratchet anti-dilution.
- Up to 2,000,000 additional shares available at additional closings over 2 years, subject to conditions.
- Company filed Certificate of Designation; entered Registration Rights and Voting/Standstill agreements.
- Note from July 24, 2026 cancelled; security interest released.

## SEC filing metadata
- accession: 0001493152-26-038535
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2026-08-14T21:56:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315226038535/0001493152-26-038535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315226038535/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-038535
- JSON: https://secwatch.observer/filing/0001493152-26-038535.json
- Plain text: https://secwatch.observer/filing/0001493152-26-038535.txt

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