Nextnav Inc SEC Filings

NextNav Inc. (NN) furnished an Item 2.02 current report announcing it issued a press release with financial results for the three and nine months ended September 30, 2025. The full press release is included as Exhibit 99.1 and is incorporated by reference. The company noted this information is furnished and not deemed filed under the Exchange Act.

NextNav Inc. (NN) amended its agreement with AT&T Services, Inc., extending the term to October 28, 2028. The amendment covers the Equipment, Network Colocation and Installation Agreement that supports NextNav’s Pinnacle network operations, which are primarily used for public safety applications such as enhanced E911 and operate in partnership with AT&T’s FirstNet initiative.

The prior expiration was October 7, 2026; the new term adds roughly two years. The company states no operational, financial, or other terms were changed. Pinnacle altitude stations remain co-located at AT&T wireless sites, leveraging site power and backup systems, with connectivity currently provided by AT&T.

NextNav Inc. filed a Form S-3 shelf registration to register for resale up to 1,194,820 shares of its common stock that were issued as closing consideration on September 19, 2025 under an Asset Purchase Agreement dated March 7, 2024. The registered shares were issued to Telesaurus (with Northlake Crystal, LLC identified as a permitted transferee and the selling stockholder). The resale registration implements a Resale Registration Rights Agreement dated March 7, 2024. The company noted its common stock trades on Nasdaq under the symbol NN and reported a closing price of $17.18 on September 22, 2025. The prospectus discloses 134,657,336 shares outstanding as of September 22, 2025, and states the company will not receive proceeds from resale transactions.

NextNav Inc. agreed to acquire Multilateration Location and Monitoring Service (M-LMS) licenses and rights to a petition for reconsideration related to additional M-LMS licenses, in a transaction with Telesaurus Holdings GB LLC and Skybridge Spectrum Foundation. The deal consideration is payable in cash and common stock and totals $50,000,000 at maximum. The petition, if successful, could restore licenses previously terminated by the FCC, which would expand the company’s licensed spectrum footprint; the reinstatement outcome is not guaranteed. The agreement is filed as an exhibit to the company’s SEC reports and is being carried out through NextNav’s wholly owned subsidiary.

NextNav Inc. reporting person Timothy Gray, Chief Financial Officer, received equity awards on 09/22/2025. The filing shows a grant of 88,791 restricted stock units (RSUs) and a grant of 139,646 stock options with an exercise price of $18.58. Both awards vest 25% on the one-year anniversary of 09/22/2025 with the remainder vesting in equal quarterly installments over the following three years. After the transactions, Mr. Gray beneficially owns 88,791 shares from the RSUs and 139,646 option rights, reported as direct ownership. The filing is signed by power of attorney on 09/23/2025.

Timothy Gray, identified as Chief Financial Officer and director, filed an Initial Statement of Beneficial Ownership (Form 3) for NEXTNAV INC. [ NN ] reporting a transaction date of 09/22/2025. The filing states no securities are beneficially owned by the reporting person. The form is signed by James Black by power of attorney on 09/23/2025, and includes an Exhibit 24 power of attorney.

Shams Sammaad, Chief Accounting Officer of NEXTNAV Inc. (ticker: NN), reported a sale of 102 shares of the company's common stock on 09/19/2025 at a price of $17.34 per share. The filing shows the reporting person beneficially owned 67,571 shares after the transaction. The Form 4 indicates the sale was executed under a Rule 10b5-1 sales plan adopted on August 30, 2024, and the proceeds are intended to cover tax withholding obligations related to the vesting of underlying equity awards. The Form 4 was signed by a power of attorney on 09/23/2025.

NextNav, Inc. appointed Timothy A. Gray as Executive Vice President and Chief Financial Officer under an employment agreement that begins on a stated Start Date and has an initial two-year term that automatically renews for one-year periods unless either party gives 90 days notice. If the company terminates Mr. Gray without cause or he resigns for good reason during the Initial Term, he is eligible for a lump-sum payment equal to twelve (12) months of base salary, any earned but unpaid annual bonus for the prior calendar year, up to twelve months of COBRA premiums if timely elected, and acceleration of certain unvested, time-based equity that would have vested in the following 12 months; equity acceleration is limited to 50% if the separation occurs before January 1, 2026. The agreement also preserves accrued compensation. The filing notes the transition of Christian Gates to Executive Vice President of Corporate Development and identifies James Black as General Counsel and Secretary in the exhibits.