{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-048715","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2026-10-27T20:33:14+00:00","discovered_at":"2026-10-27T20:34:00.224401+00:00","generated_at":"2026-10-27T20:34:06.330576+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NextNRG gets Nasdaq MVLS notice; fails all three continued-listing standards with delisting appeal pending","bullets":["Nasdaq notice dated Oct. 21, 2026: market value of listed securities below the $35M minimum (Rule 5550(b)(2)) for 30 straight business days, Sept. 9 through Oct. 20, 2026.","Company also fails both alternatives: $2.5M stockholders' equity (5550(b)(1)) and $500K net income (5550(b)(3)); has 180 days, until April 19, 2027, to regain compliance.","Compliance returns if MVLS closes at $35M or more for 10 consecutive business days; Nasdaq may discretionarily require up to 20 days.","Earlier $1.00 bid-price deficiency (March 16, 2026 notice) prompted a Sept. 15, 2026 delisting determination; 1-for-10 reverse split took effect Sept. 14, 2026.","Nasdaq Hearings Panel hearing was held Oct. 22, 2026; no final written decision yet, and the Panel may weigh the MVLS deficiency. No assurance listing is kept."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-048715","json":"https://secwatch.observer/filing/0001493152-26-048715.json","markdown":"https://secwatch.observer/filing/0001493152-26-048715.md","text":"https://secwatch.observer/filing/0001493152-26-048715.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000149315226048715/0001493152-26-048715-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000149315226048715/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-27T20:34:06.330576+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}