{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-002797","form_type":"8-K","ticker":"NXXT","cik":"0001817004","company_name":"NEXTNRG, INC.","filed_at":"2025-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.850171+00:00","generated_at":"2026-05-23T21:19:51.487488+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NextNRG enters $500K merchant cash advance and $1M promissory note at 15% interest","bullets":["Sold $699,500 in future receivables to Wynwood Capital Group for $500,000 (less $15,000 origination fee); 9.72% weekly debit.","CEO Michael D. Farkas personally guaranteed the Company's obligations under the Merchant Cash Advance Agreement.","Issued $1,000,000 promissory note to Alcourt LLC at 15% annual interest with $150,000 original issue discount.","Note matures April 30, 2025; if unpaid, extension to May 31 requires an additional $150,000 fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-002797","json":"https://secwatch.observer/filing/0001641172-25-002797.json","markdown":"https://secwatch.observer/filing/0001641172-25-002797.md","text":"https://secwatch.observer/filing/0001641172-25-002797.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817004/000164117225002797/0001641172-25-002797-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817004/000164117225002797/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T21:19:51.487488+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"}