Home/Filings/8-K/0001493152-26-003593
8-K//Current report

NEXTNRG, INC. 8-K

Accession 0001493152-26-003593

$NXXTCIK 0001817004operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 4:05 PM ET

Size

313.4 KB

Accession

0001493152-26-003593

Research Summary

AI-generated summary of this filing

Updated

NextNRG, Inc. Announces $500K Stock Purchase Agreement

What Happened
NextNRG, Inc. (NXXT) announced on January 20, 2026 that it entered into a Stock Purchase Agreement with an investor (the “Purchaser”) under which the Company agreed to sell 462,962 shares of its common stock for total proceeds of $500,000, or $1.08 per share. The SPA contains customary representations, warranties and covenants. A copy of the SPA was filed as Exhibit 10.1 to the Form 8-K, with certain non‑material confidential information redacted.

Key Details

  • Date of agreement: January 20, 2026
  • Shares to be issued: 462,962 common shares
  • Purchase price: $500,000 total; $1.08 per share
  • Filing: SPA attached as Exhibit 10.1 to the Form 8-K (some confidential, non‑material clauses redacted)

Why It Matters
This transaction will provide NextNRG with $500,000 in cash in exchange for newly issued common stock, increasing the company’s cash resources and the number of outstanding shares. Investors should note the potential for dilution of existing ownership percentages and review the filed SPA and future disclosures for details about registration restrictions, use of proceeds, and any related terms that could affect share value or future financing.