Highest-materiality recent filing
Closed offering of 71,381,818 common shares at $1.10/share and 71,381,818 pre-funded warrants at $1.099/warrant.
Issued 71,381,818 shares at $1.10/share and 71,381,818 pre-funded warrants at $1.099/warrant.
Next Technology Holding annual meeting elects four directors, ratifies auditor, approves strategies
Stockholders elected Wenbo Li, Guang Cui, Gwanggeun Jo, Hsiu Wu as directors; each received >2.8M votes.
Next Technology dismisses JWF Assurance, engages CHI-LLTC as new auditor effective Jan 21, 2026
JWF Assurance PAC dismissed; CHI-LLTC appointed as independent registered public accounting firm.
Next Technology Chairman Lichen Dong resigns; company pays $120,000 settlement
Lichen Dong resigned as board member, Chairman, and Nominating Committee Chair effective Dec 10, 2025.
Next Technology subsidiary signs non-binding MOU to buy up to 10,000 BTC at $84,000 each
MOU with Global Nexgen offers two options: direct purchase of up to 10,000 BTC or acquisition of Global Nexgen at BTC holdings × $84,000.
Nasdaq withdraws delisting determination; NXTT will remain listed on Capital Market
Received Nasdaq letter on Sept 29, 2025, withdrawing prior public-shell delisting notice.
Entered four customer agreements (hotel mgmt, water-system, crypto mining) with aggregate committed value ~$12.59M.
Next Technology Holding announces 200-for-1 reverse stock split effective Sept 16, 2025
Reverse stock split ratio 200-for-1; effective at 12:01 a.m. ET on September 16, 2025.
Sold 60M shares (or pre-funded warrants) at $0.15/share, raising ~$9M gross proceeds.
Nasdaq says Next Technology is a public shell, seeks delisting; company to appeal
Received Nasdaq notice on Aug 25, 2025 citing no operating business and zero 2025 revenue.
Next Technology Holding Reports $312M H1 Net Income, Approves 80% Dividend Payout Policy
Net income for H1 2025 was $312.0 million, up 2,373% from $12.6 million in H1 2024, driven by a $449.0 million gain from Bitcoin price increase.
All seven proposals passed; 286.7M shares voted (65.72% of outstanding).
Next Technology regains Nasdaq minimum bid price compliance
Received Nasdaq letter on May 28, 2025 confirming bid price compliance.
Next Technology receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified NXTT on April 14, 2025 that its closing bid price was below $1.00 for 30 consecutive business days.
Next Technology acquires 5,000 BTC; issues 429M shares and warrants in payment
Acquired 5,000 BTC on March 12, 2025 under Amended BTC Contract.
Next Technology Holding appoints Dr. Hongliang Liu as CTO effective March 1, 2025
Dr. Liu, 37, brings over a decade of experience in SaaS/MaaS development and AI/ML models.
Next Technology Holdings restates March 31, 2024 financials due to accounting errors
Audit committee concluded on Sept 12, 2024 that March 31, 2024 10-Q should no longer be relied upon.
Next Technology restates Q2 2024 financials; prior figures can no longer be relied upon
Audit committee concluded Sept 20, 2024 that June 30, 2024 10-Q was unreliable; amended 10-Q/A filed same day.
Next Technology receives Nasdaq delisting notice for missing annual meeting deadline
Nasdaq notice on Jan 7, 2025: Company failed to hold 2023 annual meeting within 12 months of fiscal year end.
Next Technology restates June 30 2024 10-Q; auditor had not fully reviewed original filing
Board determined on Dec 10, 2024 that original June 30 10-Q (filed Aug 21) could no longer be relied upon.
Next Technology withdraws reliance on Q2 2024 10-Q; $594K related-party loan adjustment
Board determined June 30, 2024 10-Q was not fully auditor-reviewed and should no longer be relied upon.
Next Technology restates Q1 2024 financials; non-reliance on prior filing due to accounting errors
Audit committee concluded Q1 2024 10-Q filed May 20, 2024 can no longer be relied upon; restated via Amendment No.1 filed Sep 12, 2024.
Next Technology Holding CFO resignation and appointment of Eve Chan
Ken Tsang resigned as CFO effective Oct 21, 2024; no disagreement with operations.
Next Technology enters new BTC contract: up to 5,167 BTC at $30k each; massive equity dilution
Amended and Restated BTC Trading Contract signed Sept 24, 2024 to purchase up to 5,167 BTC at $30,000 per BTC over 12 months.
Next Technology Holding announces director resignation and election of Tian Yang
Lim Kian Wee resigned from Board and all positions effective August 9, 2024.
Next Technology drops plan to purchase 5,000 BTC under option; may revisit before Sept 25
Company exercised option to buy 5,000 BTC at $30,000/BTC, payable via 40M shares and 80M warrants.
Next Technology receives Nasdaq delisting notice but regains compliance after filing audited 10-K/A
Received Staff Delisting Determination on June 18, 2024 for delinquent filings (no audited 10-K, late 10-Q).
Next Technology issues 411K shares at $4.80 to settle $1.97M in professional fees
Issued 411,280 shares of common stock to consultants at $4.80 per share.
Amended BTC contract: purchase 5,000 BTC at $30k each ($150M) paid with 40M common shares and 80M warrants.
Next Tech resolves Nasdaq fee delinquency; Wyoming control lawsuit dismissed with prejudice
Received Nasdaq deficiency notice for $49,500 in past due fees; paid on April 25, 2024, and notice withdrawn on April 26.
Next Technology completes $13.4M acquisition of 20% stake in Bitcoin miner Future Dao Group
Acquired 2,000 ordinary shares of Future Dao Group Holding Limited for $13.4M.
NXTT subsidiary VDao unauthorized directorship change & share transfer; funds frozen
Unauthorized directorship change of VDao on Nov 14, 2023, using forged documents; current and former directors implicated.
Next Technology dismisses Assentsure PAC, appoints JWF Assurance PAC as auditor
Dismissed Assentsure PAC as auditor on April 3, 2024; no disagreements or reportable events.
Wetrade Group changes name to Next Technology Holding Inc.; ticker unchanged
Effective March 18, 2024, company name changed to Next Technology Holding Inc.
WeTrade Group to acquire Future Dao Group for ~$13.4M in stock
Purchase price of $13,396,000 paid with 3,940,000 shares of WETG common stock at $3.40/share.
WeTrade Group appoints Weihong Liu as CEO at $24K annual salary
Mr. Weihong Liu appointed CEO effective January 31, 2024.
WeTrade secures preliminary injunction against purported shareholders Zheng Dai, Pijun Liu
Preliminary injunction entered Jan 5, 2024, restrains Zheng Dai, Pijun Liu, Lina Jiang from claiming to act for company.
WeTrade Group appoints Nan Ding as Chief Operating Officer effective Jan 12, 2024
Mr. Ding has over 24 years of operational management in cross-border investment, supply chain finance, and international trade.
WeTrade Group CEO Hechun Wei resigns effective December 28, 2023
Hechun Wei resigned as CEO effective Dec 28, 2023; not due to disagreement with operations, policies or procedures.
WeTrade Group appoints Ken Tsang as CFO to replace resigned Annie Huang
Annie Huang resigned as CFO effective Dec 13, 2023; no disagreement with operations.
WeTrade Group elects four new independent directors; warns of false info online
Biming Guo, Yuxing Ye, Ning Qin removed; Lichen Dong, Lim Kian Wee, Mahesh Thapaliya, Jianbo Sun elected as independent directors.
WeTrade Group removes VP Hanfeng Li; website changed
Hanfeng Li removed as VP effective Nov 24, 2023; no replacement named.
Sold WeTrade Information Technology Ltd shares for $4.5M (above NAV of ~$4.37M) on Sep 29, 2023.
WeTrade Board terminates $12M subscription, Bitcoin purchase; appoints two independent directors
Board terminated two Subscription Agreements (Sept 13 and Sept 25, 2023) initiated by former directors/officers for $12M and 6,000 Bitcoin at $30K/coin.
Derivative lawsuit filed Sept 28, 2023 in Wyoming federal court against certain officers/directors, challenging share issuances to private placement investors.
WeTrade Group signs option to buy up to 6,000 BTC at $30,000/BTC locked for 12 months
Option covers 6,000 BTC at locked price $30,000/BTC; first batch 833 BTC due end of Sep 2023.
WeTrade Group appoints new Chairman, CEO, and Interim CFO; founder Dai returns
Effective Sept 22, 2023, Zheng Dai returns as Chairman; he founded the company and co-founded Qunar.com.
WeTrade Group raises $12M via private placement of 1.47M shares at $8.19/share
Issued 1,465,200 shares at $8.19 per share for total proceeds of $12,000,000.
WeTrade Group terminates $35M convertible debenture agreement with investors
On Sept 13, 2023, mutually terminated Aug 23 securities purchase agreements for $35M convertible debentures and warrants.
On March 1, 2025, the Board of Directors (the “Board”) of Next Technology Holding Inc. (the “Company”) approved the appointment of Dr. Hongliang Liu (“Dr. Liu”) as the Chief Technical Officer of the Company, effective March 1, 2025.
On October 21, 2024, Mr. Ken Tsang tendered his resignation as a Chief Financial Officer of Next Technology Holding Inc. (the “Company”), effective October 21, 2024.
On October 21, 2024, approved by the Board of Directors, Ms. Eve Chan was appointed as the Chief Financial Officer of the Company, effective October 21, 2024.
The resignation of Lim Kian Wee from the Board and all other positions in the Company as of the date of the Written Consent is hereby approved and accepted by the Board of the Company
Mr. Tian Yang is hereby elected to serve as a director of the Board and the Chair of the Audit Committee
Mr. Weihong Liu was appointed as the Chief Executive Officer of the Company, effective January 31, 2024.
On January 12, 2024, approved by the Board of Directors, the Nominating Committee and the Compensation Committee, Mr. Nan Ding was appointed as the Chief Operating Officer of the Company, effective January 12, 2024.
On December 28, 2023, Mr. Hechun Wei tendered his resignation as the Chief Executive Officer of WeTrade Group Inc. (the “Company”), effective from December 28, 2023.
On December 13, 2023, approved by the Board of Directors, the Nominating Committee and the Compensation Committee, Mr. Ken Tsang was appointed as the Chief Financial Officer of the Company, effective December 13, 2023.
On December 13, 2023, Ms. Annie Huang tendered her resignation as a Chief Financial officer of WeTrade Group Inc. (the “Company”), effective from December 13, 2023.
Lichen Dong, Lim Kian Wee, Mahesh Thapaliya and Jianbo Sun are respectively appointed as the director of the Company, forming the new Board of Directors of the Company.
Mr. Lichen Dong is appointed as the Chairman of the Board.
Max materiality 0.90 · Median 0.65 · Most common event other_material