NextNRG warned on Nasdaq $1 bid price compliance

NextNRG, Inc. reported that Nasdaq has notified the company it is out of compliance with the Nasdaq Capital Market’s $1.00 minimum bid price requirement for its common stock.

Rhea-AI Filing Summary

NextNRG, Inc. reported that Nasdaq has notified the company it is out of compliance with the Nasdaq Capital Market’s $1.00 minimum bid price requirement for its common stock. The stock remains listed under the symbol NXXT, and trading is not immediately affected.

The company has 180 days, until September 14, 2026, to regain compliance. If the closing bid price reaches at least $1.00 for 10 consecutive business days in that period, compliance will be restored. If needed, and if other listing standards are met, NextNRG may receive an additional 180-day period, potentially using a reverse stock split to cure the deficiency.

Positive

• None.

Negative

• Nasdaq minimum bid price noncompliance: NextNRG received a Nasdaq notice that its common stock no longer meets the $1.00 per share minimum bid price requirement after 30 consecutive business days below that level, introducing a clear delisting risk if compliance is not restored within the available grace periods.

Insights

Equity market structure analyst

NextNRG faces Nasdaq bid-price deficiency with potential delisting risk if unresolved.

NextNRG has fallen below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a deficiency notice. This is a procedural step but flags that the stock price has stayed depressed for a sustained period.

The company now has 180 days, until September 14, 2026, to achieve a closing bid of at least $1.00 for 10 consecutive business days. If it satisfies all other Nasdaq Capital Market initial listing criteria, it may obtain another 180-day window, potentially via a reverse stock split.

Failure to regain compliance could ultimately lead to delisting from Nasdaq Capital Market, which often reduces liquidity and may affect institutional ownership. Company actions to address the notice, including any reverse split proposal, would typically appear in future company communications and filings.

8-K Event Classification

2 items: 3.01, 9.01

2 items

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What Nasdaq notice did NextNRG (NXXT) receive about its stock price?

NextNRG received a written notice from Nasdaq stating its common stock no longer meets the $1.00 minimum bid price requirement under Listing Rule 5550(a)(2). The deficiency followed 30 consecutive business days with a closing bid price below $1.00 per share.

Does the Nasdaq bid price notice immediately affect trading of NextNRG (NXXT) stock?

The notice has no immediate effect on listing or trading. NextNRG’s common stock continues to trade on the Nasdaq Capital Market under the symbol NXXT while the company works within the compliance period to address the minimum bid price deficiency.

How long does NextNRG (NXXT) have to regain Nasdaq bid price compliance?

NextNRG has 180 calendar days, until September 14, 2026, to regain compliance. It must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during that period for Nasdaq to confirm compliance.

Can NextNRG (NXXT) obtain more time beyond the initial 180 days from Nasdaq?

If NextNRG meets other Nasdaq Capital Market initial listing standards, except the bid price, and notifies Nasdaq of plans to cure the deficiency, it may receive an additional 180-day period. The company may consider a reverse stock split during this second phase.

What options is NextNRG (NXXT) considering to address the Nasdaq bid price issue?

NextNRG says it is monitoring its closing bid price and evaluating alternatives to regain compliance. The company notes that no specific decisions have been made yet, but a potential reverse stock split is referenced in Nasdaq’s rules for a second compliance period.

What happens if NextNRG (NXXT) cannot regain compliance with Nasdaq’s minimum bid price?

If NextNRG does not regain compliance within the allowed periods, its Nasdaq Capital Market listing could ultimately be at risk. The company also notes there can be no assurance it will successfully meet the minimum bid price requirement again.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/20/2026 - 05:00 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C., 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 16, 2026

NEXTNRG, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-40809		84-4260623
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

407 Lincoln Rd. #9F, Miami Beach, Florida 33190

(Address of principal executive offices, including Zip Code)

(305) 791-1169

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.0001 par value per share		NXXT		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On March 16, 2026, NextNRG, Inc. (the “Company”) received written notice (the “Bid Price Notice”) from the Nasdaq Listing Qualifications Department (the “Nasdaq Staff”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) for continued listing on the Nasdaq Capital Market. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market under the symbol “NXXT,” and the Company is currently monitoring the closing bid price of its common stock and evaluating its alternatives, if appropriate, to resolve the deficiency and regain compliance with this rule.

The Nasdaq Listing Rules require listed securities to maintain a minimum bid price of $1.00 per share and, based upon the closing bid price for the last 30 consecutive business days, the Company no longer meets this requirement. The Bid Price Notice indicated that the Company will be provided 180 calendar days, or until September 14, 2026, in which to regain compliance. If at any time during this period the closing bid price of the Company’s common stock is at least $1.00 per share for a minimum of 10 consecutive business days, the Nasdaq Staff will provide the Company with written confirmation of compliance and the matter will be closed.

Alternatively, if the Company fails to regain compliance with the Minimum Bid Price Requirement prior to the expiration of the 180 calendar day period, but meets the continued listing requirement for market value of publicly held shares and all of the other applicable standards for initial listing on the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and provides written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary, then the Company may be granted an additional 180 calendar days to regain compliance with the Minimum Bid Price Requirement.

There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement, even if it maintains compliance with the other listing requirements. The Company is considering actions that it may take in response to the Bid Price Notice in order to regain compliance with the continued listing requirements, but no decisions regarding a response have been made at this time.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NextNRG, Inc.
Date: March 20, 2026	By:	/s/ Michael Farkas
	Name:	Michael Farkas
	Title:	Chief Executive Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB