Nasdaq panel denies NextNRG listing appeal; trading suspended Nov 11, stock to OTC

NEXTNRG, INC.

Nasdaq Hearings Panel denied NextNRG's request to continue its Nasdaq listing; trading in the common stock will be suspended at the open on November 11, 2026.
Company failed Nasdaq's $1.00 minimum bid price rule (notified March 16, 2026) and the $35 million market value of listed securities standard (notified October 21, 2026).
NextNRG will request review by the Nasdaq Listing and Hearing Review Council; the request will not stay the suspension of trading.
Company expects its common stock to be quoted on OTC Markets under the symbol "NXXT" beginning on or about November 11, 2026.
Hearing before the Panel was held October 22, 2026; the adverse determination was issued November 9, 2026.

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