---
schema_version: "secwatch.filing_event.v1"
accession: "0001599916-23-000165"
form_type: "8-K/A"
ticker: "NXMH"
cik: "0001811530"
company_name: "Next Meats Holdings, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:49:34.462539+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Next Meats restates financials: reclassifies 452M share issuance as common control, net loss reduced by $5.8B

## Summary
- 452,352,298 shares issued to Next Meats Co., Ltd. reclassified as common control transaction at $0 value.
- Adjustment decreases net loss by ~$5.8B (non-cash) and decreases additional paid-in capital by same amount.
- Company to amend nine prior filings (Jan 2021 - Apr 2023) plus upcoming FY2023 10-K to rectify valuation error.
- Restatement prompted by SEC comment letter July 28, 2023; auditor BF Borgers CPA PC agrees with reclassification.
- Company states adjustments do not impact liquidity, capital resources, or material agreements.

## SEC filing metadata
- accession: 0001599916-23-000165
- form_type: 8-K/A
- ticker: NXMH
- cik: 0001811530
- company_name: Next Meats Holdings, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811530/000159991623000165/0001599916-23-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811530/000159991623000165/form8k_71823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001599916-23-000165
- JSON: https://secwatch.observer/filing/0001599916-23-000165.json
- Plain text: https://secwatch.observer/filing/0001599916-23-000165.txt

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