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

Rhea-AI Summary

Next Technology Holding (NASDAQ:NXTT) closed a registered direct offering that raised approximately $157 million in aggregate gross proceeds.

The Offering consisted of 71,381,818 shares of common stock at $1.10 per share and pre-funded warrants to purchase up to 71,381,818 shares at $1.099 each; the transaction closed on March 26, 2026.

Positive

• Aggregate gross proceeds of approximately $157 million
• Financing executed via registered direct offering under Form S-3
• Raised capital using both common stock and pre-funded warrants

Negative

• Issued 71,381,818 common shares, increasing outstanding share count
• Pre-funded warrants convertible into up to 71,381,818 additional shares

News Market Reaction – NXTT

+48.65% 3.0x vol

55 alerts

+48.65% News Effect

+65.2% Peak Tracked

-13.3% Trough Tracked

+$65M Valuation Impact

$199.05M Market Cap

3.0x Rel. Volume

On the day this news was published, NXTT gained 48.65%, reflecting a significant positive market reaction. Argus tracked a peak move of +65.2% during that session. Argus tracked a trough of -13.3% from its starting point during tracking. Our momentum scanner triggered 55 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $65M to the company's valuation, bringing the market cap to $199.05M at that time. Trading volume was very high at 3.0x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Gross proceeds: $157 million Common shares offered: 71,381,818 shares at $1.10 Pre-funded warrants: 71,381,818 at $1.099 +5 more

8 metrics

Gross proceeds $157 million Aggregate gross proceeds from March 26, 2026 registered direct offering

Common shares offered 71,381,818 shares at $1.10 Common stock sold in March 2026 registered direct offering

Pre-funded warrants 71,381,818 at $1.099 Pre-funded warrants issued in March 2026 offering

Net proceeds $156.77 million Estimated net proceeds per 424B5 prospectus supplement dated March 25, 2026

Shares outstanding pre-offering 4,882,556 shares Outstanding before March 2026 offering

Shares outstanding post-offering 76,264,374 shares Immediately after offering, assuming no warrant exercise

Fully diluted with warrants 147,646,192 shares If all March 2026 pre-funded warrants are exercised

Shelf registration size $500,000,000 Maximum aggregate amount under S-3/A shelf

Market Reality Check

Price: $2.20 Vol: Volume of 1,712,118 share...

low vol

$2.20 Last Close

Volume Volume of 1,712,118 shares is at 0.52x the 20-day average of 3,269,432 shares. low

Technical Shares trade well below the 200-day MA of 114.99, reflecting a deeply broken longer-term trend.

Peers on Argus

NXTT fell 16.38% while key peers were mixed to positive (e.g., XTKG +1.89%, MRT ...

NXTT fell 16.38% while key peers were mixed to positive (e.g., XTKG +1.89%, MRT +1.49%, MAPS +1.29%, EGAN -1.11%). This points to a stock-specific reaction to the offering news rather than a sector-wide move.

Previous Offering Reports

2 past events · Latest: Mar 25 (Negative)

Same Type Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Mar 25	Large equity offering	Negative	+77.0%	Announced $157M registered direct with common shares and pre-funded warrants.
Sep 02	Equity financing	Negative	-42.4%	Announced $9M registered direct offering with shares and pre-funded warrants.

Pattern Detected

Past "offering" headlines produced highly volatile and mixed reactions: one event jumped 77%, another fell 42.4%, with an average move of 17.3% in magnitude.

Recent Company History

Over the past months, NXTT has repeatedly used its shelf to raise equity capital. A $9 million registered direct offering in September 2025 led to a 42.4% drop, while the March 25, 2026 announcement of a much larger $157 million registered direct deal saw the stock jump 77%. Today’s news confirms closing of that same transaction, adding execution detail rather than new terms and continuing a pattern of sizable, dilutive capital raises.

Historical Comparison

+17.3% avg move · Past "offering" headlines for NXTT produced an average move of 17.3%, with swings from +77% to -42.4...

offering

+17.3%

Average Historical Move offering

Past "offering" headlines for NXTT produced an average move of 17.3%, with swings from +77% to -42.4%. Today’s closing announcement reiterates the same $157M deal rather than introducing new financing terms.

NXTT has progressed from a smaller $9M registered direct in 2025 to a substantially larger $157M offering in 2026, consistently using its Form S-3 shelf and combining common shares with pre-funded warrants.

Regulatory & Risk Context

Active S-3 Shelf · $500,000,000

Shelf Active

Active S-3 Shelf Registration 2025-10-31

$500,000,000 registered capacity

An amended Form S-3/A shelf filed on 2025-10-31 allows NXTT to offer up to $500,000,000 of common stock over time, carrying forward $291,034,686.74 of previously registered but unsold securities. The current $157 million registered direct offering represents a takedown from this shelf, and the company has already used it at least once, as reflected in the 2026-03-25 prospectus supplement.

Market Pulse Summary

The stock surged +48.6% in the session following this news. A strong positive reaction aligns with N...

Analysis

The stock surged +48.6% in the session following this news. A strong positive reaction aligns with NXTT’s history of sharp moves on financing news, such as the prior 77% jump on the initial offering announcement. Investors have seen repeated use of the $500,000,000 shelf and significant share count expansion from 4.88M to potentially 147.65M. Sustainability would depend on how efficiently the company deploys the roughly $156.77M in net proceeds and whether additional takedowns occur.

Key Terms

registered direct offering, pre-funded warrants, shelf registration statement, form s-3, +2 more

6 terms

registered direct offering financial

"announced the closing of its previously announced registered direct offering (the “Offering”) of"

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 (the “Pre-Funded Warrants”)"

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 was 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"

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.

prospectus regulatory

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

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

AI-generated analysis. Not financial advice.

CHEYENNE, WY, March 27, 2026 (GLOBE NEWSWIRE) --   Next Technology Holding Inc. (NASDAQ: NXTT) (the “Company”), today announced the closing of its previously announced registered direct offering (the “Offering”) of: (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 were approximately $157 million.  The transaction closed on March 26, 2026.

 The registered direct offering was 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 were filed with the SEC on March 25, 2026 and are 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 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.

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

How much did Next Technology Holding (NXTT) raise in the March 26, 2026 registered direct offering?

Next Technology Holding raised approximately $157 million in aggregate gross proceeds. According to the company, the Offering closed on March 26, 2026 and combined common stock and pre-funded warrants to reach the total.

What securities were sold in NXTT's March 2026 registered direct offering and at what prices?

The Offering sold 71,381,818 common shares at $1.10 per share and pre-funded warrants at $1.099. According to the company, both instruments were issued under the registered direct offering to produce the stated proceeds.

When did the NXTT registered direct offering close and under which registration was it filed?

The transaction closed on March 26, 2026. According to the company, the offering was made pursuant to a shelf registration on Form S-3 (File No. 333-290266), effective November 20, 2025.

How could NXTT's offering affect shareholders' ownership and dilution?

The Offering increased shares by 71,381,818 and issued pre-funded warrants for the same number, creating potential dilution. According to the company, the pre-funded warrants are exercisable into common stock, which may raise outstanding share count if exercised.

Where can investors find the NXTT offering prospectus and additional details filed March 25, 2026?

Investors can access the final prospectus supplement and prospectus on the SEC website or request electronic copies via the company's investor relations email. According to the company, the documents were filed with the SEC on March 25, 2026.