other material
confidence high
sentiment neutral
materiality 0.40
NextNRG to effect 1-for-10 reverse stock split on Sept 14; shares to ~16.8M
NEXTNRG, INC.
- 1-for-10 reverse split effective Sept 14, 2026 at 12:01 a.m.; trading begins split-adjusted under NXXT on Nasdaq.
- Outstanding shares reduced from ~168.4M to ~16.8M; no fractional shares, entitlements rounded up.
- New CUSIP for common stock post-split: 652941204; par value unchanged at $0.0001.
- Options and warrants proportionally adjusted for number of shares and exercise price.
- Certificate of Amendment filed as Exhibit 3.1; press release dated Sept 10, 2026 attached as Exhibit 99.1.