secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2026-11-13T21:05:32+00:00
Accession:  0001493152-26-051712
Event type: regulatory
Sentiment:  negative
Materiality: 0.88
Item codes: 3.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

NextNRG suspended from Nasdaq Nov 12; stock now quoted on OTC Markets as NXXT
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- Nasdaq Hearings Panel denied NextNRG's request to keep listing; trading suspended at the open on Nov 12, 2026, postponed one day from Nov 11.
- Postponement came because Nasdaq believed the Series C preferred conversion price was $1.35/share; the actual conversion price is $13.50/share.
- Prior notices: March 16, 2026 for failing the $1.00 minimum bid price rule and Oct 21, 2026 for missing the $35M market value of listed securities standard.
- Common stock began quoting on OTC Markets under symbol "NXXT" on Nov 12, 2026; company says the suspension does not affect operations.
- NextNRG filed for Panel reconsideration and intends to seek Listing Council review, but neither request stays the suspension and no outcome is assured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226051712/0001493152-26-051712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226051712/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-051712

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