NextNRG Announces Nasdaq Hearings Panel Decision and Intent to Request Listing Council Review
A Listing Council review request will not delay the suspension; OTC quotation is expected on or about November 11.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
NextNRG (NXXT) announced that Nasdaq will suspend trading in its common stock at the open on November 11, 2026.
The Nasdaq Hearings Panel denied the company's request to continue its listing, notifying it on November 9. NextNRG intends to request Listing Council review, but a request will not stay the suspension. The company expects OTC Markets quotation under NXXT on or about November 11, 2026.
The decision follows noncompliance with Nasdaq's $1.00 minimum bid price requirement and its $35 million market value of listed securities requirement or alternative continued listing standards.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Minor point. Forward-looking: it has not happened yet and may not happen.NextNRG expects OTC Markets quotation under NXXT beginning on or about November 11, 2026.
Negative
- Major point. Forward-looking: it has not happened yet and may not happen.Nasdaq denied continued listing; trading will be suspended at the open on November 11, 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.A planned Listing Council review request will not stay the suspension.
- Minor pointNextNRG failed Nasdaq's $1.00 minimum bid price requirement.
- Minor pointNextNRG failed the $35 million market value requirement or alternative continued listing standards.
Details
Market move: NXXT -14.21% vs previous close. Nasdaq listing denial
On Nov 10, the day this news came out, the latest delayed price for NXXT is 14.21% below the previous close. Argus tracked a trough of -18.4% from its starting point during tracking. Our momentum scanner has recorded 235 alerts for this stock so far that day. The latest delayed price is $0.16. Relative volume is exceptionally heavy at 120.2x what this stock usually trades by this time of day.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Minimum bid price requirement
- $1.00
- Nasdaq Listing Rule 5550(a)(2); compliance deficiency
- Market value requirement
- $35 million
- Nasdaq Listing Rule 5550(b)(2); compliance deficiency
- Trading suspension
- November 11, 2026
- Scheduled at the open of trading
Historical Context
-
Exchanged $7 million in obligations for preferred equity, but the exchange alone did not meet Nasdaq's equity requirement.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 8-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI BEACH, FL, Nov. 10, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT) (“NextNRG” or the “Company”), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced that, on November 9, 2026, the Nasdaq Hearings Panel (the “Panel”) notified the Company that it has determined to deny the Company’s request to continue its listing on The Nasdaq Stock Market LLC (“Nasdaq”), and that trading in the Company’s common stock will be suspended at the open of trading on November 11, 2026. The Company intends to immediately exhaust all available avenues and request that the Nasdaq Listing and Hearing Review Council (the “Listing Council”) review the Panel’s decision and conclusions. Any request will not however stay any suspension.
Background
As previously reported, on March 16, 2026, Nasdaq notified the Company that it did not comply with the
OTC Quotation
The Company expects that its common stock will be quoted on the OTC Markets under the symbol “NXXT” beginning on or about November 11, 2026.
Additional information is available in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on November 10, 2026.
About NextNRG, Inc.
NextNRG, Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System®.
NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation’s largest on-demand mobile fueling fleets through EzFill.
To learn more, visit www.nextnrg.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company’s ability to maintain or regain its listing on Nasdaq, the Company’s ability to have the Panel’s decision reviewed or overturned by the Listing Council and the quotation of the Company’s common stock following suspension. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statement in this press release, except as required by law.
Investor Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Nasdaq suspend trading in NextNRG (NXXT)?
Nasdaq will suspend trading in NextNRG common stock at the open on November 11, 2026. The Nasdaq Hearings Panel denied continued listing, and the company's intended request for Listing Council review will not stay the suspension.