4//SEC Filing
FARKAS MICHAEL D 4
Accession 0001493152-25-007238
CIK 0001817004other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 9:04 PM ET
Size
5.9 KB
Accession
0001493152-25-007238
Insider Transaction Report
Form 4
NEXTNRG, INC.NXXT
FARKAS MICHAEL D
DirectorCEO and Executive Chairman10% Owner
Transactions
- Other
Common Stock, par value $0.0001 per share
2025-02-13+73,067,463→ 77,200,189 total(indirect: See footnote)
Footnotes (2)
- [F1]Michael D. Farkas received 60,167,275 shares (the "Shares") of Common Stock and Inductive Holdings LLC ("Inductive") received 12,900,188 shares of Common Stock pursuant to the Second Amended and Restated Exchange Agreement dated June 11, 2024, as amended on July 22, 2024 and on September 25, 2024 (the "Exchange Agreement") entered into among the Issuer, the members of Next Charging LLC (the "Members") and Michael D. Farkas, as the representative of the Members. The Amount of Securities Beneficially Owned includes 42,372,880 shares of Common Stock subject to vesting and forfeiture as provided for in the Exchange Agreement.
- [F2]Amount of Securities Beneficially Owned includes (i) 64,118,596 shares held directly, (ii) 154,827 shares held by SIF Energy LLC, (iii) 26,578 shares held by Balance Labs, Inc. and (iv) 12,900,188 shares held by Inductive Holdings LLC. The Reporting Person has voting and dispositive power over the Common Stock held by SIF Energy LLC, NextNRG Holding Corp., Balance Labs, Inc. and Inductive Holdings LLC.
Documents
Issuer
NEXTNRG, INC.
CIK 0001817004
Entity typeother
Related Parties
1- filerCIK 0001128728
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 9:04 PM ET
- Size
- 5.9 KB