Source-grounded facts extracted from NEXTNRG, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
NEXTNRG, INC. incurred loan of $110,000 with Next Charging, LLC at 8% per annum for the first nine months, afterward, the Note will begin to accrue maturing October 23, 2023.
“On August 23, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $110,000 (the “Loan”).”
NEXTNRG, INC. entered into Note with Next Charging, LLC valued at $110,000 (effective 2023-08-23).
“On August 23, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $110,000 (the “Loan”).”
NEXTNRG, INC. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“August 22, 2023, EzFill Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s stockholders’ equity as reported in its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023 (the “Form 10-Q”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1), which requires that a listed company’s stockholders’ equity be at least $2,500,000 (the “Stockholders’ Equity Requirement”). As reported in its Form 10-Q, the Company’s stockholders”
NEXTNRG, INC. entered into Exchange Agreement with the members of Next Charging LLC and Michael Farkas valued at 100% of the membership interests of Next Charging ... in exchange for 100,000,000 shares of Common S (effective 2023-08-10).
“On August 10, 2023, EzFill Holdings, Inc. (the “ Company ”) , the members (the “ Members ”) of Next Charging LLC (“ Next Charging ”) and Michael Farkas, an individual, as the representative of the members, entered into an Exchange Agreement (the “ Exchange Agreement ”), pursuant to which the Company agreed to acquire from the Members 100% of the membership interests of Next Charging (the “ Membership Interests ”) in exchange for the issuance (the “ Share Exchange ”) by the Company to the Members of shares of common stock”
NEXTNRG, INC. received a nasdaq noncompliance notice notice regarding board independence (rules 5605).
“August 8, 2023, the Company received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the previously disclosed resignations of Allen Weiss, Luis Reyes, Mark Lev, and Jack Levine from the Company’s Board of Directors (the “Board”), the Company, effective July 28, 2023, is not in compliance with Nasdaq’s majority independent board and independent audit, compensation, and nominating committee requirements as set forth in Listing Rule 5605. The Company will have until September 22, 2023 to submit a plan”
Yehuda Levy was appointed as Director at NEXTNRG, INC..
“On August 4, 2023, the Board appointed Messrs. Jack Leibler; Sean Oppen; and Yehuda Levy to the Board, effective August 4, 2023.”
Sean Oppen was appointed as Director at NEXTNRG, INC..
“On August 4, 2023, the Board appointed Messrs. Jack Leibler; Sean Oppen; and Yehuda Levy to the Board, effective August 4, 2023.”
Jack Leibler was appointed as Director at NEXTNRG, INC..
“On August 4, 2023, the Board appointed Messrs. Jack Leibler; Sean Oppen; and Yehuda Levy to the Board, effective August 4, 2023.”
NEXTNRG, INC. amended August Amendment to Amended Purchase Agreement with AJB Capital Investments, LLC valued at Amendment extends deadline for Shareholder Approval to September 15, 2023 (effective 2023-08-03).
“On August 3, 2023, the Company and AJB executed an additional amendment to the Amended Purchase Agreement (the “August Amendment”).”
Bennett Kurtz was appointed as Director at NEXTNRG, INC..
“Also on August 1, 2023, the Board appointed Mr. Bennett Kurtz to the Board an independent director.”
Michael Handelman was appointed as Chief Financial Officer at NEXTNRG, INC..
“On August 1, 2023, the Board of Directors (the “Board”) appointed Mr. Michael Handelman as the Chief Financial Officer (“CFO”) of the Company.”
Mark Lev resigned as Director at NEXTNRG, INC..
“On July 28, 2023, Messrs. Allen Weiss, Luis Reyes, and Mark Lev notified EzFill Holdings, Inc. (the “Company”) that each was resigning as a member of the Board of Directors of the Company, effective as of July 28, 2023.”
Luis Reyes resigned as Director at NEXTNRG, INC..
“On July 28, 2023, Messrs. Allen Weiss, Luis Reyes, and Mark Lev notified EzFill Holdings, Inc. (the “Company”) that each was resigning as a member of the Board of Directors of the Company, effective as of July 28, 2023.”
Allen Weiss resigned as Director at NEXTNRG, INC..
“On July 28, 2023, Messrs. Allen Weiss, Luis Reyes, and Mark Lev notified EzFill Holdings, Inc. (the “Company”) that each was resigning as a member of the Board of Directors of the Company, effective as of July 28, 2023.”
Arthur Levine resigned as Chief Financial Officer at NEXTNRG, INC..
“On July 25, 2023, Arthur Levine notified EzFill Holdings, Inc. (the “Company”) that he was resigning as the Chief Financial Officer (“CFO”) of the Company, effective as of July 25, 2023.”
Jack Levine resigned as Director at NEXTNRG, INC..
“On July 24, 2023, Jack Levine notified the Company that he was resigning as a member of the Board of Directors of the Company, effective as of July 24, 2023.”
NEXTNRG, INC. incurred loan of $440,000 with Next Charging, LLC at 8% per annum for the first nine months, afterward, the Note will begin to accrue maturing September 5, 2023.
“On July 5, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $440,000 (the “Loan”).”
NEXTNRG, INC. entered into Note with Next Charging, LLC valued at $440,000 (effective 2023-07-05).
“On July 5, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) and Next Charging, LLC (“Next”) entered into a promissory note (the “Note”) for the sum of $440,000 (the “Loan”).”
NEXTNRG, INC. incurred loan of $250,000 with Stripe, Inc. maturing December 12, 2024.
“EzFill Holdings, Inc. (the “Company”) and Stripe, Inc. (the “Lender”) entered into a Loan Agreement (the “Loan Agreement”) on June 14, 2023, wherein, the Lender has agreed to loan the Company $250,000 for working capital purposes (the “Loan”).”
NEXTNRG, INC. shareholders approved Ratification of Appointment of Independent Auditor at the 2023-06-02 meeting.
“Proposal Three: Ratification of Appointment of Independent Auditor. Stockholders approved the ratification of the appointment of M&K CPAs, PLLC as the Company’s independent auditors for the fiscal year ending December 31, 2023.”
NEXTNRG, INC. shareholders approved Approval of the EzFill Holdings, Inc. 2023 Equity Incentive Plan at the 2023-06-02 meeting.
“Proposal Two: Approval of the EzFill Holdings, Inc. 2023 Equity Incentive Plan. As noted above, stockholders approved the Company’s 2023 Equity Incentive Plan.”
NEXTNRG, INC. shareholders approved Election of Directors at the 2023-06-02 meeting.
“Proposal One: Election of Directors. Stockholders elected each of the following nominees as director to hold office until the next meeting of the Company’s stockholders and until his or her successor is elected and qualified.”
NEXTNRG, INC. amended Amendment to Consulting Services Agreement with Mountain Views Strategy Ltd. (effective 2023-05-15).
“This AMENDMENT (the “ Amendment ”), dated as of May 15, 2023, (the “ Amendment Effective Date ”) is entered into by and between Mountain Views Strategy Ltd., having an address at 435 Ch. Du Refuge, Lac Superior, QC J0T 1P0 (“ Consultant ”) and EzFill Holdings, Inc., having an address at 2999 NE 191 st St., Ste 500, Aventura, Florida 33180 (“ Client ”) to amend the agreement entered into by the Parties on February 15 th , 2023 (the “ Agreement ”).”
NEXTNRG, INC. amended Amendment to the Promissory Note and Securities Purchase Agreement dated April 19, 2023 with AJB Capital Investments, LLC (effective 2023-05-17).
“THIS AMENDMENT to the Note (as defined below) and Agreement (as defined below) (this “Amendment”) is entered into as of May 17, 2023 (the “Effective Date”), by and between EZFILL HOLDINGS, INC., a Delaware corporation, with headquarters located at 2999 NE 191st Street, Suite 500, Aventura, FL 33180 (the “Company”), and AJB CAPITAL INVESTMENTS, LLC, a Delaware limited liability company, with its address at 4700 Sheridan Street, Suite J, Hollywood, FL 33021 (the “Buyer”)”
Cheryl Hanrehan resigned as Director at NEXTNRG, INC..
“On May 11, 2023, Cheryl Hanrehan notified EzFill Holdings, Inc. (the “Company”) that she was resigning as a member of the Board of Directors of the Company, effective as of May 26, 2023.”
NEXTNRG, INC. reported the three-month period ended March 31, 2023 results: revenue $5.2 million, net income $(2.3) million, EPS $(0.70).
“During the first quarter of 2023, the Company reported revenue of $5.2 million, up from $2.3 million in the prior year period, a 124% increase, primarily due to a 122% increase in gallons delivered. Total gallons delivered in the first quarter of 2022 were 1,315,266 compared to 591,505 in the prior year period, reflecting new customers in existing and new markets, as well as expansion of certain existing customers to new markets. Average fuel margin per gallon was $0.47 for the quarter, similar to the prior year period. Cost of sales was $5.1 million for the first quarter of 2023 compared to $2.3 million for the prior year period. The increase from the prior year reflects the increase in sales as well as the hiring of additional drivers, primarily in new markets. Our gross profit improved year over year due to higher fuel revenue as well as increased delivery fees and driver efficiency. Operating expenses, excluding depreciation and amortization, were $2.2 million for the first quarter”
NEXTNRG, INC.: Amended certificate of incorporation to effect a 1-for-8 reverse stock split and reduce authorized common stock from 500,000,000 to 50,000,000 and preferred stock from 50,000,000 to 5,000,000 (effective 2023-04-27).
“On April 26, 2023, EzFill Holdings, Inc. (the “Company”) filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to effect a one-for-eight (1-for-8) reverse split (the “Reverse Split”), and decreasing the number of shares of its authorized common stock from 500,000,000 shares to 50,000,000 (the “Common Stock Decrease”) and its preferred stock from 50,000,000 to 5,000,000 (the “Preferred Stock Decrease”).”
Avishai Vaknin was appointed as Chief Technology Officer at NEXTNRG, INC..
“On April 19, 2023, EzFill Holdings, Inc. (the “Company”), entered into an employment agreement (the “Agreement”) with Avishai Vaknin.”
NEXTNRG, INC. entered into Security Agreement with AJB Capital Investments, LLC (effective 2023-04-19).
“The Company entered into a security agreement with the Investor (the “Security Agreement”) pursuant to which the Company granted the Investor a security interest in all of the Company’s assets, securing the Company’s obligations under the Purchase Agreement and Note.”
NEXTNRG, INC. entered into Note with AJB Capital Investments, LLC valued at $1,500,000 (effective 2023-04-19).
“Pursuant to the terms of the Purchase Agreement, the initial Commitment Fee Shares were issued at a value of $700,000, the Note was issued in a principal amount of $1,500,000 for a purchase price of $1,350,000, resulting in an original issue discount of $150,000.”
NEXTNRG, INC. entered into Securities Purchase Agreement with AJB Capital Investments, LLC (effective 2023-04-19).
“On April 19, 2023, EzFill Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with AJB Capital Investments, LLC (the “Investor”) with respect to the sale and issuance to the Investor of: (i) an initial commitment fee in the amount of $700,000 in the form of 2,000,000 shares (the “Commitment Fee Shares”) of the Company’s common stock (the “Common Stock”) and (ii) a promissory note in the aggregate principal amount of $1,500,000 (the “Note”).”
NEXTNRG, INC. incurred loan of $262,500 with The Farkas Group, Inc. at 5% per annum for the first month and 13% per annum thereafter maturing April 4, 2024.
“is the beneficial owner of approximately 26% of the Company’s common stock and is the sole shareholder and President of the Lender. The Promissory Note has a principal sum of $262,500 including original issue discount of $12,500 and matures on April 4, 2024 (the “Maturity Date”). The unpaid principal balance of the Promissory Note from time to time outstanding”
NEXTNRG, INC. entered into Promissory Note with The Farkas Group, Inc. valued at $262,500 (effective 2023-04-04).
“On April 4, 2023, EzFill Holdings, Inc. (the “Company” or “Borrower”) entered into a promissory note (the “Promissory Note”) with The Farkas Group, Inc. (the “Lender”).”
NEXTNRG, INC. terminated Sales Agreement with ThinkEquity LLC (effective 2023-03-24).
“On March 24, 2023 the Company and ThinkEquity executed a letter agreement pursuant to which the Sales Agreement was terminated.”
NEXTNRG, INC. reported twelve months ended December 31, 2022 results: revenue 15,044,721, net income (17,505,765 ).
“4Q 2022 4Q 2021 Year 2022 Year 2021 Financial Highlights Revenue 4,858,819 1,997,941 15,044,721 7,233,957 Net loss (6,290,176 ) (3,653,703 ) (17,505,765 ) (9,383,397 )”
NEXTNRG, INC. reported three months ended December 31, 2022 results: revenue 4,858,819, net income (6,290,176 ).
“4Q 2022 4Q 2021 Year 2022 Year 2021 Financial Highlights Revenue 4,858,819 1,997,941 15,044,721 7,233,957 Net loss (6,290,176 ) (3,653,703 ) (17,505,765 ) (9,383,397 )”
NEXTNRG, INC. entered into Sales Agreement with ThinkEquity LLC valued at up to $2,096,000 (effective 2023-02-17).
“On February 17, 2023, EzFill Holdings, Inc. (the “Company”), entered into a Sales Agreement (the “Sales Agreement”) with ThinkEquity LLC (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time through the Sales Agent, shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), having an aggregate offering price of up to $2,096,000, subject to the terms and conditions of the Sales Agreement.”
Daniel Arbour was appointed as Director at NEXTNRG, INC..
“On February 10, 2023, the Board of Directors (the “Board”) of EzFill Holdings, Inc. (the “Company”), appointed Mr. Daniel Arbour the Board as a non-independent director.”
NEXTNRG, INC.: Shareholders authorized amendment of Certificate of Incorporation to effect a reverse stock split (ratio 1:5 to 1:15) and decrease authorized shares of common stock from 500,000,000 to 50,000,000 and preferred stock from 50,000,000 to 5,000,000, with board discretion to implement within one year (effective 2022-12-21).
“On December 21, 2022 (the “Record Date”), the Company obtained written consent from the holders of at least a majority of the issued and outstanding voting securities (the “Shareholders”) of EzFill Holdings, Inc. (the “Company”) approving (i) authorizing the Corporation to amend the Company’s Amended and Restated Certificated Incorporation to effect a reverse stock split of the Company’s common stock by a ratio of not less than 1 for 5 and not more than 1 for 15 (the “Reverse Stock Split”) with the board having the discretion as to whether or not to effect the Reverse Stock Split and with the exact ratio of any Reverse Stock Split to be set at a whole number within the Reverse Stock Split Range determined by the board of the Company provided that if effected the Reverse Stok Split is effected within one year of the Record Date and (ii) authorizing the Board to amend the Company’s Amended and Restated Certificate of incorporation to (a) decrease the authorized shares of common stock tha”
Richard Dery resigned as Chief Commercial Officer at NEXTNRG, INC..
“Pursuant to the Separation Agreement, Mr. Dery resigned as Chief Commercial Officer and the Company and Mr. Dery agreed that Mr. Dery’s last day of employment with the Company was December 9, 2022.”
NEXTNRG, INC. reported the three-month period ended September 30, 2022 results: revenue $4.1 million, net income $(4.0) million.
“the Company reported revenue of $4.1 million, up from $1.9 million in the prior year period”
Michael Devoe resigned as Chief Operating Officer at NEXTNRG, INC..
“On June 1, 2022, Michael Devoe resigned as Chief Operating Officer of EzFill Holdings, Inc. (the “Company”), effective June 3, 2022.”
Cheryl Hanrehan resigned as Chief Operating Officer at NEXTNRG, INC..
“on January 17, 2022, Cheryl Hanrehan resigned as the Company’s Chief Operating Officer.”
Cheryl Hanrehan resigned as Chief Operating Officer at NEXTNRG, INC..
“Effective January 17, 2022, Cheryl Hanrehan resigned as the Company’s Chief Operating Officer.”
Michael DeVoe was appointed as Chief Operating Officer at NEXTNRG, INC..
“appointed Mr. Michael DeVoe as the Chief Operating Officer of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.