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.
The Next Technology Holding Inc. (NASDAQ: NXTT) SEC filings page on Stock Titan provides direct access to the company’s official U.S. Securities and Exchange Commission documents, along with AI-powered summaries to help interpret the disclosures. As a Wyoming-incorporated technology issuer in the Software – Application industry, NXTT uses its filings to describe a dual-engine strategy of AI-enabled software development services and the acquisition and holding of Bitcoin.
Through periodic reports and current reports on Form 8-K, the company details its SaaS+AI business, including commercial agreements with customers in hotel management, smart water-system management, and crypto mining. Filings explain that NXTT provides AI-enabled monitoring and management systems, training, and support services in exchange for recurring subscription and service fees, and they outline the aggregate contract values and revenue recognition associated with these agreements.
NXTT’s filings also highlight its digital asset strategy. Management discusses how fair value gains from Bitcoin holdings have affected net income and other income, and describes a plan to acquire Bitcoin with excess liquid assets and, at times, proceeds from capital-raising transactions. Investors can use annual reports (10-K) and quarterly reports (10-Q), where available, to see how digital assets and related gains or losses are presented in the company’s financial statements.
Current reports on Form 8-K cover a range of material events, such as Nasdaq notices regarding listing status, the outcome of an appeal that confirmed NXTT has an operating business, approval of a dividend policy targeting at least 80% of profits attributable to owners, authorization and implementation of a reverse stock split, registered direct offerings under a shelf registration statement, and changes in board composition. Stockholder meeting results, including votes on directors, the 2025 Equity Incentive Plan, executive compensation advisory items, and reverse stock split authorization, are also documented.
On Stock Titan, AI-generated insights help explain key elements of these filings, including capital structure changes, governance decisions, and the interaction between SaaS+AI contracts and Bitcoin holdings. Users can review real-time updates from EDGAR, examine Forms 10-K and 10-Q for financial and segment information, and track material 8-K events that shape NXTT’s business and capital markets profile.
Next Technology Holding Inc. filed a Form S-8 to register securities under the Next Technology Holding Inc. 2025 Equity Incentive Plan. The submission lists prior SEC filings including the Annual Report for the fiscal year ended December 31, 2024 (filed March 27, 2025) and Quarterly Reports for periods ended March 31, 2025 and June 30, 2025 (filed May 9, 2025 and August 8, 2025). The registration statement includes corporate governance exhibits, legal opinion, auditor consent, and is signed by executives and directors on September 29, 2025.
Next Technology Holding Inc. announced that Nasdaq has withdrawn a prior move to delist its common stock. Nasdaq had previously indicated it believed the company no longer had an operating business and might be a “public shell,” which would have threatened its listing. The company requested a hearing, submitted written materials, held discussions with Nasdaq, and disclosed recent business developments in a filing on September 26, 2025. After reviewing this information, Nasdaq determined that Next Technology does have an operating business, is not a public shell, and has closed the matter. The company’s common stock will remain listed on the Nasdaq Capital Market, and no further action is required on this issue.
Next Technology Holding Inc. reported that between June and August 2025 it signed four commercial customer agreements in hotel management, smart water-system management, and crypto mining, with an aggregate committed contract value of approximately $12.59 million in recurring subscription and service fees. The company provides AI-enabled monitoring and management systems plus training and support under these contracts.
As of the report date, Next Technology had received about $5.09 million in service fees from these agreements and, under ASC 606, recognized roughly $1.79 million as revenue. Management highlighted a dual strategy of SaaS+AI software development and bitcoin holdings, noted that it employs 21 people and plans to grow to about 30 by the end of 2025, and disclosed it is negotiating additional SaaS+AI contracts with an aggregate potential value of about $40 million.
Next Technology Holding Inc. offers an AI-enabled SaaS cloud collaboration platform built on MVC architecture with CI/CD pipelines, real-time analytics, automated workflows, CRM, supply-chain optimization and integrated security and compliance monitoring. The company discloses a concentrated treasury strategy in bitcoin and highlights material risks tied to bitcoin price volatility, custody and counterparty exposure, fair-value accounting treatment increasing reported earnings volatility, and legislative or regulatory changes that could raise compliance costs or reclassify bitcoin and affect its business model. Additional business risks include intense competition in AI software, reliance on third-party systems, customer retention, talent recruitment, jurisdictional regulatory variability across Hong Kong, Malaysia, Japan and Singapore, Nasdaq listing compliance risks, potential dilution from future financings or share issuances to acquire digital assets, and the absence of expected near-term dividends.
Next Technology Holding Inc. is offering shares at $0.15 per Share and pre-funded warrants at $0.149, raising approximately $8,370,000 before expenses with placement agent fees of $630,000. The company intends to use net proceeds for working capital and general corporate purposes. Pro forma share counts cited include 506,265,135 shares of common stock and scenarios assuming exercise of pre-funded warrants up to 566,265,135 shares. Reported net tangible book value per share as of June 30, 2025 is $1.45, which decreases by $0.28 per share attributable to this offering, yielding an as-adjusted net tangible book value of $1.17 and dilution to new investors of $1.02 per share. The company is listed on Nasdaq under the symbol NXTT. The prospectus highlights material risks including concentration of only five clients for the YCloud service and potential regulatory risk from the Chinese government.
Next Technology Holding Inc. (NXTT) disclosed that Nasdaq has taken the view that the company qualifies as a "public shell", a determination that can trigger suspension or delisting. The company disagrees with that view and intends to request a hearing, which will automatically stay any suspension or delisting action while the hearing and any Panel-granted extension are pending. The filing cautions there is no assurance the appeal will succeed or that the company will remain in compliance with applicable listing standards even if the appeal is successful.
Next Technology Holding Inc. furnished a press release announcing its financial results for the six-month period ended June 30, 2025 (attached as Exhibit 99.1). The 8-K states the release is furnished and does not recite the underlying figures within this form.
The company’s Board approved a Dividend Policy that is set to take effect on September 8, 2025. The 8-K specifies that any dividend payments under the policy will be made at the Board’s discretion and will depend on the company’s results of operations, cash flows, financial condition, capital requirements and other factors. The press release about the policy is attached as Exhibit 99.2 and the filing includes an Inline XBRL cover page (Exhibit 104).
NXTT’s Q2-25 10-Q is dominated by its pivot to Bitcoin. During H1-25 the company acquired 5,000 BTC, lifting holdings to 5,833 BTC with a cost basis $183.1 m and period-end fair value $632.1 m. Fair-value accounting (early adoption of ASU 2023-08) produced $395.7 m other income; with negligible operating activity (revenue $0, G&A $0.7 m) this drove net income $312.0 m versus $12.6 m YoY.
The BTC purchase was settled almost entirely in equity: the share count ballooned from 6.98 m to 436.27 m (+6,150%) after issuing 135.2 m shares and 294.1 m warrant shares (exercised immediately) valued at $158.1 m. Despite higher profits, dilution pulled H1 EPS down to $1.16 (vs $2.74 YoY).
Balance sheet assets rose to $633.3 m (from $92.9 m) but cash stayed $0.67 m; non-cash deferred tax liability jumped to $91.2 m. Current liabilities are modest ($2.5 m) yet liquidity depends on BTC sales. No revenue was recorded from AI-software operations. Management continues to flag material weaknesses in internal control and is embroiled in shareholder litigation. Post-quarter, NXTT registered 80 m shares for a 2025 equity plan, adding further potential dilution.