Next Technology SEC Filings

Next Technology Holding Inc. is asking stockholders to approve an updated slate of four independent directors, ratify a new auditor, and endorse a wide‑ranging business strategy at its upcoming annual meeting. The proxy, amended mainly to reflect the change of independent registered public accounting firm, seeks support to replace JWF Assurance PAC with CHI‑LLTC for the audit of the year ended December 31, 2025.

Stockholders are also asked to back a broad business strategies proposal. This would authorize capital raising under Form S‑3 where single transactions can exceed 20% of outstanding shares if priced at no more than a 20% discount and do not cause a change of control. The plan covers active use of digital assets such as Bitcoin, a stock repurchase strategy of up to US$300 million over five years, and major investment and expansion initiatives across AI, energy infrastructure, blockchain, digital‑asset financial services, and related SaaS platforms. The Board recommends voting “FOR” all three proposals.

Next Technology Holding Inc. reported that its Audit Committee and management changed the company’s independent registered public accounting firm. Effective January 21, 2026, the company dismissed JWF Assurance PAC and engaged CHI-LLTC as its new auditor for the fiscal year ended December 31, 2025 and future periods.

The company states this change reflects a desire to work with a firm it believes is a better fit and easier to collaborate with, and not due to any dispute. JWF’s audit reports for the years ended December 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications. The company also reports there were no disagreements or reportable events with JWF, and that JWF has provided a letter to the SEC agreeing with these disclosures, which is included as an exhibit.

Next Technology Holding Inc. is asking stockholders to approve three key items at its upcoming 2026 annual meeting: electing four new directors, ratifying its auditor, and endorsing a wide-ranging business strategy plan. All three current directors will retire at the meeting, and the board is proposing four fully independent nominees with backgrounds in industrial IoT, large-scale software and fintech, digital assets, and technology-focused investing.

Stockholders are also being asked to ratify the appointment of JWF Assurance PAC as independent registered public accounting firm for the year ending December 31, 2025. The Business Strategies Proposal would authorize the board to raise capital under Form S‑3, manage and use digital assets such as Bitcoin, and implement a long‑term share repurchase strategy of up to US$300 million over five years. It also backs potential investments and expansions across AI, green energy, blockchain, digital‑asset financial services, and related SaaS platforms. The board recommends voting FOR all three proposals.

Next Technology Holding Inc., formerly WeTrade Group Inc., reported that Lichen Dong resigned on December 10, 2025 as a director, Chairman of the Board, and Chair of the Nominating Committee. The company states his resignation was not due to any disagreement with its operations, policies, or procedures.

Under a Resignation and Release Agreement, the company will make a one-time cash payment of $120,000 to Mr. Dong within 90 business days from the resignation date as full settlement of all outstanding obligations between the parties. The agreement includes mutual releases of claims, non-disparagement commitments, and continued confidentiality obligations.

Next Technology Holding Inc. obtained written consent from holders of approximately 52.18% of its common stock to give its board broad authority to implement one or more additional reverse stock splits. The board may, at its discretion, execute reverse splits of the common stock at ratios between 1-for-2 and 1-for-250, after a prior 1-for-200 reverse split that took effect in September 2025. The main goal is to help maintain compliance with Nasdaq’s $1.00 minimum bid price rule and potentially broaden appeal to certain long-term investors. No shareholder meeting will be held, other stockholders do not have dissenters’ rights, and fractional shares will be rounded up to the next whole share.

Next Technology Holding Inc. (NXTT) disclosed that its wholly owned subsidiary, Next Investment Group Limited, signed a non-binding Memorandum of Understanding (MOU) with Global Nexgen Limited to explore a potential strategic transaction involving Bitcoin (BTC).

The MOU expresses a non-binding intent to pursue one of two possible Bitcoin-related transactions within one year from its effective date, using a fixed price of $84,000 per BTC as the locked price for any deal structure the parties may agree on.

The parties agreed to a 90-day exclusivity period during which they will negotiate only with each other and keep discussions confidential, with the goal of signing a definitive agreement. However, the MOU is explicitly an expression of intent, and there is no assurance that the parties will reach a final agreement or complete any transaction.

Next Technology Holding Inc. obtained written consent from its board and majority stockholders to authorize one or more additional reverse stock splits of its common stock. The board may, at its discretion, implement reverse splits at ratios ranging from 1-for-2 to 1-for-250 to help maintain compliance with Nasdaq’s $1.00 minimum bid price and potentially broaden long-term investor interest. As of November 20, 2025, the company had 4,082,556 shares of common stock issued and outstanding. No shareholder meeting or further vote will be held, and non-consenting stockholders do not have dissenters’ rights under Wyoming law.

Next Technology Holding Inc. filed Amendment No. 1 to its shelf registration, permitting the company to offer and sell, from time to time, up to $500,000,000 of common stock in one or more offerings, with specific terms to be set in future prospectus supplements. The amendment also adds facing‑page language for automatic effectiveness under Rule 473(b) and carries forward $291,034,686.74 of previously registered but unsold securities pursuant to Rule 415(a)(6).

The filing states that each takedown may be conducted directly, through agents, or via underwriters or dealers as described in future supplements. NXTT is listed on Nasdaq; the last reported sales price was $0.1510 per share on September 12, 2025. The prospectus highlights that investing in the common stock involves significant risks and directs readers to the Risk Factors section and documents incorporated by reference.

Next Technology Holding Inc. (NXTT) reports a quarter dominated by large digital-asset activity. The company holds $666,804,429 of digital assets (5,833 BTC) and recognized a $430,398,332 fair-value gain during the nine months ended September 30, 2025, recorded in other income. In March 2025 the company acquired 5,000 BTC for $158,083,667. The BTC purchase involved issuing common stock and warrants; subsequent warrant exercises increased outstanding shares materially to over 436 million, and later equity grants under a 2025 plan raised shares above 506 million. The company recognized large share-based compensation ($44,367,409 and a full grant of $42,840,000 for certain awards). Cash balances include $668,387 held in Hong Kong not protected by FDIC or local deposit insurance. The dividend policy states up to 80% of annual profits may be distributed, but no dividends were declared for the periods presented.