NextNRG (NXXT) enters $100,000 stock purchase deal at $0.75 per share
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
NextNRG, Inc. entered into a new stock purchase agreement with an investor on February 18, 2026. Under this agreement, the company will sell 133,333 shares of its common stock for a total purchase price of $100,000, which equals $0.75 per share. The agreement includes customary representations, warranties and covenants, and the full contract is filed as an exhibit for reference.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What agreement did NextNRG (NXXT) enter on February 18, 2026?
NextNRG entered a Stock Purchase Agreement with an investor on February 18, 2026. The company agreed to issue common shares for cash under customary terms and filed the contract as an exhibit.
What is the total purchase price in NextNRG’s February 18, 2026 stock sale?
The total purchase price is $100,000 for the shares sold on February 18, 2026. This amount reflects the aggregate consideration the investor agreed to pay for the common stock.
Where can investors find the full February 18, 2026 Stock Purchase Agreement for NextNRG?
Investors can review the full Stock Purchase Agreement in Exhibit 10.1 attached to the filing. The exhibit contains complete contractual terms, including representations, warranties and covenants referenced in the summary.