NXXT NEXTNRG, INC.

8-K Current Report

Filed: March 13, 2026

Consumer Discretionary

Retail-Auto Dealers & Gasoline Stations

NEXTNRG, INC. (NXXT) 8-K current report filed with SEC EDGAR on March 13, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.

Reported 8-K Items
2 items

Item 1.01: Entry into a Material Definitive Agreement
Item 1.02: Termination of a Material Definitive Agreement

AI Filing Analysis
8-K

Item 1.01 · Entry into a Material Definitive Agreement

• Stock deal: 3,181,818 shares issued at $0.55/share to retire $1,750,000 of a $2,000,000 promissory note — remaining $250,000 still outstanding
• Receivables financing: sold 6.87% of future receipts for net ~$1,995,000 ($2,100,000 less $105,035 fees), but must repay $2,772,000 — implied cost ~31% of advance

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Item 1.02 · Termination of a Material Definitive Agreement

• $1,750,000 promissory note fully extinguished on March 11, 2026 — liability wiped from balance sheet
• Note terminated via debt-for-equity swap structure: Noteholder accepted asset purchase (March 11 SPA) as repayment in lieu of cash

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Other NEXTNRG, INC. 8-K Filings

8-K Feb 23, 2026

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