NextDecade Corp — fact timeline

NextDecade Corp entered into Credit Agreement with Wilmington Trust, National Association, as the administrative agent and the collateral agent, and the lenders party thereto valued at $1.0 billion (effective 2026-06-17).

“On June 17, 2026 (the “ Closing Date ”), Rio Grande LNG Intermediate HoldCo Borrower, LLC, a Delaware limited liability company (“ RGLNG HoldCo Borrower ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG HoldCo Borrower, as borrower, Wilmington Trust, National Association, as the administrative agent and the collateral agent (the “ Administrative Agent ” or “ Collateral Agent ”, as applicable), and the lenders party thereto (the “ HoldCo Lenders ”).”

John Zuklic was appointed as Chief Financial Officer at NextDecade Corp.

“On June 3, 2026, NextDecade Corporation (the “ Company ”) announced the appointment of John Zuklic as the Chief Financial Officer of the Company, effective July 6, 2026.”

NextDecade Corp shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accountants and auditors for the fiscal year ending December 31, 2026 at the 2026-06-03 meeting.

“Proposal 4 : Ratification of the appointment of KPMG LLP as the Company’s independent registered public accountants and auditors for the fiscal year ending December 31, 2026. For Against Abstain Broker Non-Votes 230,582,163 402,897 115,692 0”

NextDecade Corp shareholders approved Advisory vote on the compensation of the Company’s named executive officers at the 2026-06-03 meeting.

“Proposal 3 : Advisory vote on the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 164,777,795 32,970,500 186,179 33,166,278”

NextDecade Corp shareholders approved Approval of an amendment to the NextDecade Corporation 2017 Omnibus Incentive Plan to increase the maximum number of shares available under such plan at the 2026-06-03 meeting.

“Proposal 2 : Approval of an amendment to the NextDecade Corporation 2017 Omnibus Incentive Plan to increase the maximum number of shares available under such plan. For Against Abstain Broker Non-Votes 170,907,255 26,937,601 89,618 33,166,278”

NextDecade Corp shareholders approved Election of two Class B directors and four Class C directors at the 2026-06-03 meeting.

“Proposal 1 : The election of two Class B directors to serve on the Company’s board of directors for terms until the 2028 Annual Meeting of Stockholders or until their successors are duly elected and qualified or until the earlier of their death, resignation or removal and four Class C directors to serve on the Company’s board of directors for a term until the 2029 Annual Meeting of Stockholders or until their successors are duly elected and qualified or until the earlier of their death, resignation or removal. Director Nominee For Against Abstain Broker Non-Votes Pamela Beall - Class B director 168,472,855 22,494,429 6,967,190 33,166,278 In Kyu Park - Class B director 190,687,163 264,256 6,983,055 33,166,278 Matthew Bonanno - Class C director 145,611,322 449,300 51,873,852 33,166,278 Charles Q. Brown, Jr. - Class C director 190,715,031 251,841 6,967,602 33,166,278 Diana Sands - Class C director 168,394,731 22,579,896 6,959,847 33,166,278 David Stover - Class C director 190,747,334 210,”

NextDecade Corp amended term loan with Atlantic Park Strategic Capital Master Fund II, L.P. at 13.5% per annum maturing October 16, 2030.

“The A&R Credit Agreement adjusts the maturity date of the Series B Loans to October 16, 2030 and the interest rate in respect thereof to 13.5% per annum.”

NextDecade Corp incurred term loan of $50 million with Atlantic Park Strategic Capital Master Fund II, L.P. at 8.0% per annum maturing November 17, 2030.

“The A&R Credit Agreement provides, among other things, for an incremental $50 million Series A term loan to Super Holdings and the recharacterization of $50 million of outstanding loan principal under the Original Credit Agreement as a Series A term loan (together, the “ Series A Loans ”).”

NextDecade Corp incurred credit facility of up to $3.589 billion with MUFG Bank, Ltd..

“The T5 Credit Agreement provides for a construction/term loan facility (the “T5 Construction/Term Loans”) in an amount up to $3.589 billion”

Timothy Wyatt resigned as Director at NextDecade Corp.

“On June 13, 2025, NextDecade Corporation (the “Company”) received a letter from Mr. Timothy Wyatt indicating that he was resigning from the Company's Board of Directors (the “Board”), effective immediately.”

NextDecade Corp incurred term loan of incremental $50,000,000 term loan with Rio Grande LNG Super Holdings, LLC as borrower; Atlantic Park Strategic Capital Master Fund II, L.P. as administrative agent and collateral agent; lenders including a fund managed by Bardin Hill Investment Partners, LP at same interest rates as the Original Term Loan maturing same maturity date as the Original Term Loan.

“The Amendment provides for an incremental $50,000,000 term loan (the “ Incremental Term Loan ”) to Super Holdings to be used for general corporate purposes and working capital requirements of NEXT and its subsidiaries, including development costs related to the fourth and fifth liquefaction trains and related common facilities at the Rio Grande LNG multi-plant integrated natural gas liquefaction and liquefied natural gas export terminal facility at the Port of Brownsville in southern Texas (the “ Rio Grande LNG Facility ”), and to pay fees and related transaction expenses associated with the Incremental Term Loan.”

Luke Boylston was appointed as interim principal accounting officer at NextDecade Corp.

“Luke Boylston, age 36, will serve as the Company’s interim principal accounting officer while the Company is conducting its search for a new Chief Accounting Officer.”

Eric Garcia was terminated as principal accounting officer at NextDecade Corp.

“Effective March 24, 2025, Eric Garcia’s employment with NextDecade Corporation (the “Company”) terminated and as of such date he no longer served as the Company’s principal accounting officer.”

Thibaud de Préval resigned as Director at NextDecade Corp.

“Thibaud de Préval previously notified the Company of his intent to resign from the Board, and his resignation was effective as of the date of Mr. Lenail-Chouteau's appointment to the Board.”

Arnaud Lenail-Chouteau was appointed as Class A director at NextDecade Corp.

“the Board of Directors (the “ Board ”) of the Company appointed Arnaud Lenail-Chouteau as a Class A director of the Board.”

Thibaud de Préval resigned as Director at NextDecade Corp.

“On September 23, 2024, NextDecade Corporation (the “ Company ”) received notice from Mr. Thibaud de Préval of his intent to resign from the Company's Board of Directors (the “ Board ”).”

Tarik Skeik was appointed as Chief Operating Officer at NextDecade Corp.

“On July 22, 2024, NextDecade Corporation (the “ Company ”) announced the appointment of Tarik Skeik as the Chief Operating Officer of the Company, effective July 24, 2024.”

NextDecade Corp engaged KPMG LLP as its auditor.

“On March 20, 2024, the Audit Committee (the “Audit Committee”) of the Board of Directors of NextDecade Corporation (the “Company”) appointed KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2024, and on the same day voted to approve the dismissal of Grant Thornton LLP (“Grant Thornton”) as its independent registered public accounting firm.”

NextDecade Corp incurred senior notes of $190 million aggregate principal amount with Wilmington Trust, National Association, as Trustee at 6.85% per annum maturing June 2047.

“issued and sold $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047”

NextDecade Corp entered into Indenture with Wilmington Trust, National Association valued at $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047 (effective 2024-02-09).

“On February 9, 2024, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”), issued and sold $190 million aggregate principal amount of 6.85% Senior Secured Notes due 2047 (the “ Notes ”) pursuant to an indenture, dated as of such date, between RGLNG and Wilmington Trust, National Association, as Trustee (the “ Indenture ”).”

Seokwon Ha resigned as Class B director at NextDecade Corp.

“the vacancy created by Seokwon Ha’s resignation from the Board”

NextDecade Corp incurred credit facility of up to $50,000,000 revolving loan facility and up to $12,500,000 interest loan facility with MUFG Bank, Ltd. at SOFR plus the applicable margin (4.50%) or the base rate plus the applicable mar maturing the earlier of (a) the second anniversary of the Closing Date or such later anniversary of the Closing Date as may be determined by a unanimous decision of the.

“institutions party thereto as lenders. The Credit Agreement provides for the following facilities: ● a revolving loan facility (the “ Revolving Loans ”) in an amount up to $50,000,000 available to NextDecade LNG to be used for (a) general corporate purposes and working capital requirements of NextDecade LNG and its subsidiaries, including development costs”

NextDecade Corp entered into Credit Agreement with MUFG Bank, Ltd., as administrative agent, and the financial institutions party thereto as lenders valued at up to $50,000,000 (effective 2024-01-04).

“On January 4, 2024 (the “ Closing Date ”), NextDecade LNG, LLC, a Delaware limited liability company (“ NextDecade LNG ”) and a direct subsidiary of NextDecade Corporation (the “ Company ”), entered into a Credit and Guaranty Agreement (the “ Credit Agreement ”)”

NextDecade Corp incurred term loan of $251 million with Wilmington Trust, National Association, as the administrative agent; Mizuho Bank (USA), as the P1 collateral agent; and the senior lenders party thereto at 7.11% per annum maturing September 2047.

“Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”). The Credit Agreement provides for a term loan facility (the “ Senior Loans ”) in an amount of $251 million to finance a portion of Rio Grande LNG Trains 1, 2 and 3 and related common facilities (“ Phase 1 ”) and to pay certain fees and expenses associated with the Credit Agreement and”

NextDecade Corp entered into Credit Agreement with Wilmington Trust, National Association, as administrative agent, Mizuho Bank (USA), as P1 collateral agent, and the senior lenders party thereto valued at $251 million (effective 2023-12-28).

“On December 28, 2023, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG, as borrower, Wilmington Trust, National Association, as the administrative agent (in such capacity, the “ Administrative Agent ”), Mizuho Bank (USA), as the P1 collateral agent (the “ P1 Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”).”

Seokwon Ha resigned as Director at NextDecade Corp.

“On November 26, 2023, NextDecade Corporation (the “ Company ”) received notice from Mr. Seokwon Ha of his intent to resign from the Company's Board of Directors (the “ Board ”), effective December 3, 2023.”

NextDecade Corp incurred credit facility of $356 million with Wilmington Trust, National Association, as the administrative agent; Mizuho Bank (USA), as the P1 collateral agent; the senior lenders party thereto at 6.72% per annum maturing July 7, 2033.

“On September 15, 2023, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG, as borrower, Wilmington Trust, National Association, as the administrative agent (in such capacity, the “ Administrative Agent ”), Mizuho Bank (USA), as the P1 collateral agent (the “ P1 Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”). The Credit Agreement provides for a term loan facility (the “ Senior Loans ”) in an amount of $356 million”

NextDecade Corp entered into Credit Agreement with Wilmington Trust, National Association, as the administrative agent, Mizuho Bank (USA), as the P1 collateral agent, and the senior lenders party thereto valued at $356 million (effective 2023-09-15).

“On September 15, 2023, Rio Grande LNG, LLC, a Texas limited liability company (“ RGLNG ”) and an indirect subsidiary of NextDecade Corporation (“ NextDecade ” or the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among RGLNG, as borrower, Wilmington Trust, National Association, as the administrative agent (in such capacity, the “ Administrative Agent ”), Mizuho Bank (USA), as the P1 collateral agent (the “ P1 Collateral Agent ”), and the senior lenders party thereto (the “ Senior Lenders ”).”

NextDecade Corp shareholders approved A vote to approve the issuance of up to 14,830,994 shares of Common Stock to the Purchaser for aggregate consideration of $69,399,261.77 million. at the 2023-09-07 meeting.

“Proposal 1 : A vote to approve the issuance of up to 14,830,994 shares of the Common Stock to the Purchaser for aggregate consideration of $69,399,261.77 million. For Against Abstain Broker Non-Votes 155,795,927 475,504 5,341 0”

Thibaud de Préval was appointed as Class A Director at NextDecade Corp.

“the Board of Directors (the “ Board ”) of the Company appointed Thibaud de Préval as a Class A director of the Board.”

NextDecade Corp incurred credit facility of up to $10.3 billion with MUFG Bank, Ltd. as administrative agent.

“lenders party thereto. The CD Credit Agreement provides for the following facilities: ● a construction/term loan facility (the “ CD Construction/Term Loans ”) in an amount up to $10.3 billion available to RGLNG in three tranches solely to finance partially the design The JV Agreement contains certain restrictions on the ability of the members to transfer their”

NextDecade Corp entered into Stock Purchase Agreement with Global LNG North America Corp., an affiliate of TotalEnergies SE (effective 2023-06-13).

“On June 13, 2023, NextDecade Corporation, a Delaware corporation (the “ Company ”), entered into a common stock purchase agreement (the “ Stock Purchase Agreement ”) for three private placements (each, a “ Private Placement ”) with Global LNG North America Corp., a Delaware corporation (the “ Purchaser ”) and an affiliate of TotalEnergies SE, pursuant to which the Company agreed to sell, and Purchaser agreed to purchase, (i) an aggregate of 8,026,165 shares (the “ Tranche 1 Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a purchase price of $4.9837 per share, for an aggregate purchase price of $39,999,998.51”

NextDecade Corp shareholders approved Ratification of the reappointment of Grant Thornton LLP as the Company’s independent registered public accountants and auditors for the fiscal year ending December 31, 2023. at the 2023-06-01 meeting.

“Proposal 4 : Ratification of the reappointment of Grant Thornton LLP as the Company’s independent registered public accountants and auditors for the fiscal year ending December 31, 2023.”

NextDecade Corp shareholders approved Advisory vote on the compensation of the Company’s named executive officers. at the 2023-06-01 meeting.

“Proposal 3 : Advisory vote on the compensation of the Company’s named executive officers.”

NextDecade Corp shareholders approved Approval of an amendment to the NextDecade Corporation 2017 Omnibus Incentive Plan to increase the maximum number of shares available under such plan. at the 2023-06-01 meeting.

“Proposal 2 : Approval of an amendment to the NextDecade Corporation 2017 Omnibus Incentive Plan to increase the maximum number of shares available under such plan.”

NextDecade Corp shareholders approved Election of three Class C directors at the 2023-06-01 meeting.

“Proposal 1 : The election of three Class C directors to serve on the Company’s board of directors for terms of three years or until their successors are duly elected and qualified or until the earlier of their death, resignation or removal.”

NextDecade Corp entered into Stock Purchase Agreement with HGC NEXT INV LLC and Ninteenth Investment Company LLC valued at approximately $35.0 million (effective 2023-02-03).

“On February 3, 2023, NextDecade Corporation (the “ Company ”) entered into a common stock purchase agreement (the “ Stock Purchase Agreement ”) for a private placement (the “ Private Placement ”) with HGC NEXT INV LLC and Ninteenth Investment Company LLC (each a “ Purchaser ” and collectively, the “ Purchasers ”), pursuant to which the Company agreed to sell, and the Purchasers severally agreed to purchase, an aggregate of 5,835,277 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at a purchase price of $5.998 per share, representing the average closing trading price of the Common Stock for the five trading days immediately preceding signing the Stock Purchase Agreement, for an aggregate purchase price of approximately $35.0 million.”

Ivan Van der Walt resigned as Chief Operating Officer at NextDecade Corp.

“On June 6, 2022, Ivan Van der Walt notified NextDecade Corporation (the “ Company ”) of his decision to resign from the role of Chief Operating Officer of the Company effective as of June 10, 2022.”

Giovanni Oddo was appointed as Director at NextDecade Corp.

“On May 17, 2022, the Board appointed Giovanni Oddo as a Class B director of the Board to fill the vacancy created by Mr. Al Romaithi’s resignation.”

Khalifa Abdullah Al Romaithi resigned as Director at NextDecade Corp.

“Mr. Al Romaithi’s resignation from the Board was effective as of May 17, 2022, and his decision to resign from the Board was not due to any disagreements with the Company on any matter relating to the Company’s operations, policies or practices.”

Seokwon Ha was appointed as Class B director at NextDecade Corp.

“On February 19, 2022, the Board appointed Seokwon Ha as a Class B director of the Board to fill the vacancy created by Mr. Jun’s resignation.”

Taewon Jun resigned as member of the Board of Directors at NextDecade Corp.

“Mr. Jun’s resignation from the Board was effective as of February 19, 2022”