NEXTNRG, INC. 8-K

What Happened

• NEXTNRG, Inc. (NXXT) filed an 8-K (Item 1.01) reporting that on February 18, 2026 it entered into a Stock Purchase Agreement to sell 133,333 shares of common stock to an investor for total gross proceeds of $100,000 (price per share $0.75). The agreement includes customary representations, warranties and covenants.

Key Details

• Transaction date: February 18, 2026.
• Shares sold: 133,333 common shares.
• Purchase price: $100,000 total; $0.75 per share.
• Documentation: Stock Purchase Agreement filed as Exhibit 10.1 (certain non-material/confidential information redacted).

Why It Matters

• This transaction provides NEXTNRG with $100,000 in gross cash proceeds through a direct equity sale.
• Because the company issued additional common stock, the sale will increase the total share count and may dilute existing shareholders proportionally (impact depends on the company’s total outstanding shares).
• Investors should review the filed Exhibit 10.1 for the full terms and monitor future filings for how the company uses the proceeds or any further financings.