Next Technology Holding Inc. Announces $157 Million Registered Direct Offering

Next Technology Holding (NASDAQ: NXTT) entered a definitive agreement for a registered direct offering expected to raise approximately $157 million.

Rhea-AI Summary

Next Technology Holding (NASDAQ: NXTT) entered a definitive agreement for a registered direct offering expected to raise approximately $157 million.

The Offering comprises 71,381,818 shares at $1.10 each and pre-funded warrants to purchase up to 71,381,818 shares at $1.099 each. Closing is expected on or about March 26, 2026, subject to customary conditions. The offering uses a Form S-3 shelf effective November 20, 2025.

Positive

• $157 million expected gross proceeds from the registered direct offering
• Use of an effective Form S-3 shelf (effective Nov 20, 2025) enables faster execution
• Pre-funded warrants permit flexible capital structuring for certain investors

Negative

• Issuance of 71,381,818 shares will dilute existing shareholders
• Potential conversion of pre-funded warrants could create up to 142,763,636 new shares
• Closing is subject to customary conditions, so timing and completion are not guaranteed

Argus Mar 25 session

+77.00% close to close Open Argus

Details

News Market Reaction – NXTT

In the Mar 25 session, NXTT gained 77.00%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +77.0% in the session following this news. A strong positive reaction aligns with N...

Analysis

The stock surged +77.0% in the session following this news. A strong positive reaction aligns with NXTT’s use of its Form S-3 shelf to raise substantial capital, but past offerings led to notable drawdowns of around -42.4%. Investors considering the upside from new funds must also weigh the impact of dramatically higher share counts, warrant overhang, and the company’s history of reverse splits and capital-raising activity.

Key Figures

Common shares offered: 71,381,818 shares Pre-funded warrants: 71,381,818 warrants Share offering price: $1.10 per share +5 more

Common shares offered

71,381,818 shares

Registered direct offering at $1.10 per share

Pre-funded warrants

71,381,818 warrants

Pre-funded warrants to purchase common stock

Share offering price

$1.10 per share

Purchase price for common stock in offering

Pre-funded warrant price

$1.099 per warrant

Purchase price for each pre-funded warrant

Gross proceeds

$157 million

Expected aggregate gross proceeds from this offering

Net proceeds

$156.77 million

Estimated net proceeds per 424B5 prospectus supplement

Shares outstanding pre-offer

4,882,556 shares

Common shares outstanding prior to offering

Shares if all warrants exercised

147,646,192 shares

Post-offering shares assuming all pre-funded warrants exercised

Previous Offering Reports

1 past event · Latest: Sep 02

Same Type 1 event

1. Sep 02

   Registered direct offering

   24h Move

   -42.4%

   Announced $9M registered direct offering with pre-funded warrants and large dilution.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

registered direct offering, pre-funded warrants, shelf registration statement, form s-3, +3 more

7 terms

registered direct offering financial

"entered into a definitive agreement with twenty investors, pursuant to which the Company agreed to issue and sell, in a registered direct offering"

A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.

pre-funded warrants financial

"and (ii) pre-funded warrants to purchase up to 71,381,818 shares of common stock"

Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.

shelf registration statement regulatory

"The registered direct offering is being made pursuant to a shelf registration statement on Form S-3"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

form s-3 regulatory

"shelf registration statement on Form S-3 (File No. 333-290266) previously filed by the Company"

Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.

prospectus supplement regulatory

"A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

424b5 regulatory

"[424B5] Next Technology Holding Inc. Prospectus Supplement (Debt Securities)"

Form 424B5 is a final prospectus document filed with the SEC that delivers the definitive terms of a securities offering after a company’s registration statement becomes effective. It gives investors the concrete details they need — price, number of shares, intended use of proceeds, and updated risk information — much like a product label that lists exact specifications before you decide to buy. Investors use it to verify final deal terms and assess potential impact on their holdings.

View in glossary

beneficial ownership limitation financial

"The pre-funded warrants include a beneficial ownership limitation of 4.99% per holder."

A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

CHEYENNE, WY, March 25, 2026 (GLOBE NEWSWIRE) -- Next Technology Holding Inc. (NASDAQ: NXTT) (the “Company”), today announced that it has entered into a definitive agreement with twenty investors, pursuant to which the Company agreed to issue and sell, in a registered direct offering (the “Offering”): (i) 71,381,818 shares of common stock of the Company, no par value per share, at a purchase price of $1.10 per share; and (ii) pre-funded warrants to purchase up to 71,381,818 shares of common stock (the “Pre-Funded Warrants”) at a purchase price of $1.099 per Pre-Funded Warrant. 

The aggregate gross proceeds to the Company of the Offering are expected to be approximately $157 million. The transaction is expected to close on or about March 26, 2026, subject to the satisfaction of customary closing conditions.

 The registered direct offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-290266) previously filed by the Company and became effective on November 20, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting the Company at ir@nxtttech.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, will be filed by the Company and, upon filing, can be obtained at the SEC's website at www.sec.gov.

About Next Technology Holding Inc.

Incorporated in Wyoming on March 28, 2019, Next Technology Holding Inc. is a technology company built on a dual-engine strategy of “AI plus digital assets.” The Company delivers AI-enabled SaaS software design, development and implementation to industrial clients across the Asia-Pacific region and beyond. The Company’s digital asset holdings, including Bitcoin, may also be pledged for financing, partially liquidated for cash, or leveraged to generate additional income streams. The Company believes Bitcoin’s finite supply positions it for long-term appreciation as global adoption grows and as a potential hedge against inflation.

For more information, please visit http://www.nxtttech.com/

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For investor inquiries, please contact:

ir@nxtttech.com

For general inquiries, please contact:

contact@nxtttech.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Next Technology Holding (NXTT) raising in the March 25, 2026 offering?

The company expects to raise approximately $157 million in gross proceeds. According to the company, proceeds come from sale of common stock and pre-funded warrants in a registered direct offering.

How many shares is NXTT issuing and at what price in the registered direct offering?

NXTT is issuing 71,381,818 shares at $1.10 per share. According to the company, pre-funded warrants to purchase up to 71,381,818 additional shares are also priced at $1.099 each.

When will the NXTT registered direct offering likely close and what conditions apply?

The transaction is expected to close on or about March 26, 2026, subject to customary closing conditions. According to the company, closing depends on satisfaction of those conditions.

How much potential dilution could NXTT shareholders face from the offering?

Potential dilution could reach up to 142,763,636 shares if all pre-funded warrants convert. According to the company, that figure combines shares sold and shares underlying the pre-funded warrants.

Under what registration statement is NXTT conducting the offering?

The offering is made under a shelf registration on Form S-3 (File No. 333-290266) effective November 20, 2025. According to the company, a final prospectus supplement will be filed with the SEC.

Where can investors find the NXTT prospectus supplement for the March 2026 offering?

Investors can obtain the prospectus supplement on the SEC website when filed. According to the company, electronic copies will also be available via the company's investor relations contact email.