NextNRG, Inc. filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to effect a one-for-ten (1-for-10) reverse stock split of its common stock. The transaction became effective at 12:01 a.m. on September 14, 2026, reducing outstanding shares from approximately 168.4 million to 16.8 million. Proportionate adjustments were made to all outstanding options and warrants, including exercise price and share count adjustments. No fractional shares will be issued; fractional entitlements are rounded up to the next highest whole number. The company's common stock continues to trade on Nasdaq under the symbol NXXT with a new CUSIP of 652941204. NextNRG, Inc. operates in the energy technology sector, deploying AI-driven smart controllers for microgrids and utility-scale energy optimization.

On August 13, 2026, NextNRG, Inc. entered into a Securities Purchase Agreement to issue up to $27.2 million of Series C Convertible Non-Voting Preferred Stock. At the initial closing, the company issued 1,000,000 shares for $9.2 million, partially funded by cancelling a $2 million senior secured convertible promissory note held by the investor. The preferred stock carries a stated value of $10 per share and accrues mandatory dividends at an annual rate of 12.5%, payable monthly in cash or common stock. Each share converts into common stock at an initial price of $0.75, subject to anti-dilution adjustments. The agreement includes registration rights requiring the company to file a resale registration statement within ten days and grants the investor voting support from other shareholders. NextNRG, Inc. operates in the renewable energy sector, focusing on solar power generation.

NextNRG, Inc. reported financial results for the quarter ended June 30, 2026, showing revenue increased 41% year-over-year to $27.7 million. Net loss decreased 82% to $6.6 million, and adjusted EBITDA loss narrowed 62% to $2.2 million. The company completed a $6.4 million private placement to strengthen its balance sheet. NextNRG operates in the energy technology sector, providing AI-driven smart microgrid controllers, EV charging solutions, and mobile fueling logistics.

NextNRG, Inc. entered into a securities purchase agreement on July 24, 2026, issuing a senior secured convertible note with an aggregate principal amount of $2,000,000 to an institutional investor. The company received gross proceeds of approximately $1.8 million for general corporate purposes and working capital. The note bears interest at 12% per annum, matures on October 24, 2026, and is convertible into common stock at a fixed price of $0.75 per share. At maturity, the company must pay a payment premium equal to 50% of the outstanding principal plus all accrued interest. The note is secured by substantially all assets of the company and its subsidiaries. NextNRG, Inc. operates in the renewable energy sector.

NextNRG, Inc. entered into a Standard Merchant Cash Advance Agreement with Avanza Capital Holdings, LLC on June 30, 2026, to sell $1,499,900 of future receivables for a purchase price of $1,000,000, resulting in a net fund provision of $940,000 after a $60,000 fee. The agreement is secured by a first priority security interest in the Company's assets and includes a largety of 25% of daily settlements to be collected via ACH. CEO Michael D. Farkas personally guaranteed the CEO's performance of the agreement. NextNRG, Inc. is a company that operates in the energy sector and provides services to customers via accounts and contract rights.

On June 16, 2026, NextNRG, Inc. entered into a Stock Purchase Agreement with its CEO and Executive Chairman, Michael D. Farkas. The company issued 260,000 shares of common stock to Mr. Farkas at $0.386 per share, totaling $100,360. This issuance was used to settle and terminate a $100,360 promissory note dated March 7, 2024, which the company owed to Mr. Farkas. NextNRG, Inc. is a company involved in the energy sector.