---
schema_version: "secwatch.filing_event.v1"
accession: "0001599916-23-000159"
form_type: "8-K"
ticker: "NXMH"
cik: "0001811530"
company_name: "Next Meats Holdings, Inc."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:23:00.150670+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Next Meats to restate financials over 452M share issuance misvalued as market transaction

## Summary
- 452,352,298 shares issued to majority shareholder on Jan 28, 2021 now reclassified as common control transaction at $0 value.
- Prior market-price valuation deemed not credible; correction removes $452K from par value and reduces additional paid-in capital.
- Amendments planned for 10-Q periods Jan 2021 through Jan 2023 and 10-Ks for FY 2021, 2022; FY 2023 10-K will also reflect adjustment.
- Current auditor BF Borgers CPA PC agreed with the reclassification.
- Non-reliance on previously issued financial statements due to error.

## SEC filing metadata
- accession: 0001599916-23-000159
- form_type: 8-K
- ticker: NXMH
- cik: 0001811530
- company_name: Next Meats Holdings, Inc.
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811530/000159991623000159/0001599916-23-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811530/000159991623000159/form8k_71823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001599916-23-000159
- JSON: https://secwatch.observer/filing/0001599916-23-000159.json
- Plain text: https://secwatch.observer/filing/0001599916-23-000159.txt

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