Welcome to our dedicated page for NEXTNRG SEC filings (Ticker: NXXT), 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 NextNRG, Inc. (NASDAQ: NXXT) SEC filings page provides access to the company’s regulatory disclosures, including Form 8-K current reports and related exhibits. These documents describe material definitive agreements, financing transactions, and operational milestones that shape the company’s renewable and distributed energy strategy.
Recent 8-K filings detail long-term power purchase agreements entered into by wholly owned project subsidiaries such as NextNRG Sunnyside Microgrid LLC and NextNRG Topanga Microgrid LLC. Under these PPAs, the subsidiaries agree to design, construct, install, own, operate, and maintain on-site photovoltaic and battery energy storage systems at healthcare facilities, while the facilities purchase all electric energy generated at a contracted price per kilowatt-hour. The filings also explain that environmental incentives, environmental attributes, and tax credits associated with the systems accrue to the seller entities.
Other filings focus on capital structure and liquidity. NextNRG reports a securities purchase agreement for senior secured convertible notes and warrants, including multiple closings, original issue discounts, conversion price terms, and related security and registration rights agreements. Additional 8-Ks describe an at-the-market sales agreement for common stock, its subsequent amendment, and a stock purchase agreement under which restricted shares were issued in exchange for cancellation of indebtedness.
Through this page, users can review how NXXT documents its PPAs, financing arrangements, and preliminary financial results. Stock Titan’s tools can pair these filings with AI-powered summaries that highlight key terms in 10-Ks, 10-Qs, 8-Ks, and other reports, as well as surface information on registered and unregistered equity issuances, note obligations, and project-level contracts relevant to NextNRG’s utilities and renewable energy activities.
NextNRG, Inc. entered into a securities purchase agreement with an institutional investor under which it issued a $2,000,000 senior secured convertible note on July 24, 2026, receiving gross proceeds of approximately $1.8 million for general corporate purposes and working capital.
The note bears 12% annual interest, matures on October 24, 2026 and may be extended by three months. At maturity or upon optional redemption by the company, the investor is entitled to all outstanding principal plus a 50% Payment Premium, plus accrued interest and any late charges. The note is convertible at the investor’s option into common stock at a fixed price of $0.75 per share, and upon an event of default the interest rate increases by an additional 9%. It is secured by substantially all of the company’s assets and guaranteed by its subsidiaries. While the note is outstanding, NextNRG agreed not to complete most new financings and granted the investor 100% participation rights in any permitted Subsequent Placement, along with piggyback registration rights for the conversion shares.
NextNRG Inc. entered a Standard Merchant Cash Advance Agreement with Avanza Capital Holdings, LLC, selling $1,499,900 of future receivables for a $1,000,000 purchase price. After a $60,000 underwriting and program fee, the Company received $940,000 in net funds.
NextNRG will remit 25% of its daily settlements and receivables, with an initial estimated $62,496 collected by weekly ACH and a monthly collection cap of $268,732, subject to conditions. The obligations are secured by a first priority security interest over substantially all assets. On an Event of Default, Avanza can accelerate the full uncollected amount and charge 25% of the unpaid balance as liquidated damages. CEO Michael D. Farkas personally guaranteed the Company’s performance under the agreement.
NEXTNRG, INC. CEO and Executive Chairman Michael D. Farkas reported a bona fide gift of 1,000,000 shares of common stock on June 18, 2026. The gift was recorded at a price of $0.0000 per share, indicating no sale proceeds.
After the gift, Farkas directly holds 62,497,924 shares of common stock. He also indirectly holds 12,900,188 shares through SIF Energy LLC, 26,578 shares through Balance Labs, Inc., and 154,827 shares through Inductive Holdings LLC, where he has voting and investment control.
The filing notes an additional 140,000 shares of Series B preferred stock held by Farkas, which may be convertible into 725,200 shares of common stock under the stated terms. The transactions in this report are transfers and holdings rather than open-market purchases or sales.
NEXTNRG, INC. director and CEO Michael D. Farkas acquired 260,000 shares of common stock on June 16, 2026 in a compensation-related transaction. The company issued these shares at $0.386 per share under a Stock Purchase Agreement, for an aggregate value of $100,360.
Instead of paying cash, Farkas cancelled $100,360 of liabilities the company owed him under a March 7, 2024 note. Following this award, he directly holds 63,497,924 common shares and also has indirect holdings through SIF Energy LLC, Balance Labs, Inc., and Inductive Holdings LLC, over which he has voting and investment control.
NextNRG, Inc. entered into a Stock Purchase Agreement with its CEO and Executive Chairman, Michael D. Farkas, under which the company issued 260,000 shares of common stock at $0.386 per share, for an aggregate value of $100,360.
Instead of paying cash, Mr. Farkas canceled $100,360 in liabilities the company owed him under a March 7, 2024 promissory note. Following this share issuance on June 16, 2026, the parties agreed to terminate that 2024 note.
NextNRG, Inc. registers 10,000,000 shares of common stock for resale by the selling stockholder pursuant to a May 2026 private placement. The company will not receive proceeds from these resales; proceeds are payable to the selling stockholder. The prospectus states the selling stockholder may sell the shares on Nasdaq or in private transactions via various methods described under the "Plan of Distribution." The offering covers shares issued in the May 2026 Private Placement (10,000,000 shares sold at $0.64 per share for aggregate gross proceeds of $6,400,000), and the prospectus lists common stock outstanding as 157,752,767 shares as of May 29, 2026.
NextNRG, Inc. furnished an update with preliminary unaudited results for May 2026, highlighting strong top-line growth and better profitability. Revenue for May was $9.3 million, up 41% from $6.6 million in May 2025, while gross profit rose 75% to about $827,000 from approximately $472,000.
The company delivered about 1.9 million gallons in May 2026, slightly below roughly 2.0 million gallons a year earlier, yet gross margin improved to 8.9% from 7.1%, reflecting better pricing and operational efficiency. May marked the fifth consecutive month of double-digit year-over-year revenue growth, underscoring ongoing momentum in its AI-driven energy platform and mobile fueling operations, though figures may change once standard month-end closing is complete.
NextNRG, Inc. has filed a resale registration statement covering up to 10,000,000 shares of common stock issued in a May 2026 private placement. The shares are held by Citadel CEMF Investments LTD, and any sale proceeds will go to this selling stockholder, not the company.
The common stock was sold privately at $0.64 per share for gross proceeds of $6.4 million and 157,752,767 shares were outstanding as of May 29, 2026. NextNRG currently generates all revenues from mobile fuel deliveries but aims to build an AI-driven renewable energy and EV-charging ecosystem. The company warns it will need substantial additional capital, with existing cash and recent financing expected to fund operations only through July 31, 2026.
NextNRG, Inc. entered into a securities purchase agreement for a private placement of 10,000,000 common shares at $0.64 per share, raising gross proceeds of $6.4 million. The offering closed on May 27, 2026 with a single institutional investor that becomes an approximately 6% shareholder.
The company plans to use the net proceeds to support growth initiatives, strengthen working capital, and retire $2,415,666 of convertible debt, which represents all of its outstanding convertible debt. NextNRG will file a resale registration statement for the new shares and agreed to issuance and ATM/Variable Rate Transaction restrictions, plus 60‑day lock-ups for directors and officers. A.G.P./Alliance Global Partners acted as placement agent, receiving a 7% cash fee and expense reimbursement.