NEXTNRG, INC. 8-K

What Happened

• NextNRG, Inc. announced it has terminated its At-The-Market Sales Agreement (ATM Agreement) with ThinkEquity LLC, H.C. Wainwright & Co., LLC and Roth Capital Partners, LLC.
• The original ATM Agreement was entered July 3, 2025 (initial cap $75,000,000) and was amended on November 14, 2025 to reduce the aggregate offering amount to $60,000,000. The Company delivered notice and terminated the amended ATM Agreement effective January 17, 2026.
• The Company issued a press release about the termination on January 23, 2026 (filed as Exhibit 99.1 and disclosed under Regulation FD).

Key Details

• Original ATM cap: $75,000,000 (established July 3, 2025).
• Amended cap: $60,000,000 (amendment dated November 14, 2025).
• Termination effective date: January 17, 2026.
• Agents named: ThinkEquity LLC; H.C. Wainwright & Co., LLC; Roth Capital Partners, LLC. Press release filed as Exhibit 99.1 on January 23, 2026.

Why It Matters

• The ATM was a mechanism the company could use to raise up to $60 million by selling common stock into the market. Terminating it removes that specific, on-demand equity financing channel and therefore reduces one avenue for near-term capital raising.
• The 8-K does not state whether any shares were sold under the ATM prior to termination. Investors should watch for future filings or announcements about alternative financing, share issuances, or changes to capital plans.