Welcome to our dedicated page for Next Technology SEC filings (Ticker: NXTT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NXTT’s filings don’t read like ordinary tech reports—they blend SaaS revenue recognition tables with fair-value swings in a growing Bitcoin treasury. Finding how many coins sit on the balance sheet or whether new equity was issued to fund those purchases can take hours.
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Next Technology Holding Inc. (NXTT) convened its Annual Meeting on 20 June 2025, with 65.72% of the 436,265,135 outstanding common shares represented. All seven management proposals received overwhelming support.
Board & Governance
- Ratified prior appointment of Tian Yang as director (99.91% of votes cast in favour).
- Elected Lichen Dong, Jianbo Sun, Tian Yang and Qi Wang to serve until the next annual meeting; each secured >99.99% support.
Audit & Compensation
- JWF Assurance PAC was ratified as independent auditor for FY 2023 and FY 2024 (99.99% support).
- An advisory “say-on-pay” resolution approved executive compensation (99.93% support).
- Shareholders opted to hold advisory compensation votes every two years (99.87% support).
Incentives & Capital Structure
- 2025 Equity Incentive Plan approved (99.99% support), giving the company flexibility to issue equity-based awards.
- Shareholders authorised the Board to enact one or multiple reverse stock splits within a 1-for-10 to 1-for-250 range (99.97% support).
Implications: The near-unanimous votes signal strong shareholder alignment with current management and governance practices. The reverse-split authorisation is potentially material because it empowers the Board to consolidate shares dramatically, often used to regain exchange-listing compliance or improve perceived marketability. No other business was transacted.