secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001641172-25-023460
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextNRG retains Buckingham Consultants/Michael Weisz as advisor; 1.25M shares, $10k monthly fee, 1% net revenue bonus
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- 1,250,000 restricted shares vesting over 12 months: 416,667 immediate, 416,667 at 6 months, 416,667 at 12 months.
- Monthly cash fee of $10,000 begins after 90 days or upon capital raise of at least $25 million.
- Performance bonus: cash and equity equal to 1% of net revenue per qualifying project; no cap.
- Advisor will serve on advisory board, provide strategic guidance and business development.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000164117225023460/0001641172-25-023460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000164117225023460/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-023460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer