---
schema_version: "secwatch.filing_event.v1"
accession: "0001852131-24-000018"
form_type: "8-K"
ticker: "NXT"
cik: "0001852131"
company_name: "Nextpower Inc."
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:43:05.222270+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nextracker stockholders approve 11.1M share increase to equity plan; director Mandel receives 32.5% withhold votes

## Summary
- Stockholders approved amendment to 2022 Equity Plan, adding 11,100,000 shares (117.2M for, 8.5M against).
- Say-on-pay advisory vote passed with 107.1M for, 18.5M against (85% support of votes cast).
- Director Steven Mandel reelected with 84.8M for, 40.9M withhold (67.5% support).
- Other director nominees Blunden and Shih received >97% approval each.
- Deloitte & Touche LLP ratified as independent auditor for FY2025 with 133.2M votes for.

## SEC filing metadata
- accession: 0001852131-24-000018
- form_type: 8-K
- ticker: NXT
- cik: 0001852131
- company_name: Nextpower Inc.
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852131/000185213124000018/0001852131-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852131/000185213124000018/nxt-20240819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001852131-24-000018
- JSON: https://secwatch.observer/filing/0001852131-24-000018.json
- Plain text: https://secwatch.observer/filing/0001852131-24-000018.txt

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