StockDrifts LogoStockDrifts

NEXTNRG, INC. · NXXT · 8-K · Filed

Announces 1-for-10 reverse stock split effective September 14

NXXT
8-K
Governance

Source: SEC EDGAR, accession 0001493152-26-042576 · Items 3.03, 5.03, 8.01, 9.01

What did NEXTNRG, INC. announce?

NextNRG will combine every ten shares into one, cutting outstanding common stock from roughly 168.4 million to 16.8 million shares, effective September 14, 2026, with trading continuing on Nasdaq under NXXT.

Key details

  • Reverse split took effect at 12:01 a.m. Eastern on September 14, 2026; the stock began trading split-adjusted at the open under the existing symbol NXXT.
  • Outstanding shares fall from approximately 168.4 million to approximately 16.8 million; par value stays $0.0001 and the new CUSIP is 652941204.
  • All outstanding options, warrants and convertible securities were adjusted proportionately for both share count and exercise price.
  • No fractional shares will be issued; fractional entitlements are rounded up to the next whole share at the participant level.

Why it matters

This 8-K reports a governance matter at NEXTNRG, INC.. The likely share-price reaction reads as negative.

Bearish

More from NEXTNRG, INC.

All NEXTNRG, INC. SEC filings →