NEXTNRG, INC. · NXXT · 8-K · Filed
Receives Nasdaq delisting notice, intends to appeal
NXXT
8-K
Listing
Source: SEC EDGAR, accession 0001493152-26-043335 · Items 3.01, 9.01
What did NEXTNRG, INC. announce?
Nasdaq notified NEXTNRG on September 15, 2026 that it will delist the stock after the company failed to regain the $1.00 minimum bid price by its September 14 compliance deadline.
Key details
- Nasdaq determined to delist the common stock after the company failed to regain compliance with the $1.00 minimum bid price requirement by the September 14, 2026 deadline.
- Nasdaq said the company is not eligible for a second 180-day compliance period because it lacks the stockholders' equity required to meet initial listing standards.
- The company must request a hearing before the Nasdaq Hearings Panel by September 22, 2026; a timely request automatically stays suspension or delisting pending the Panel's decision, and the stock continues to trade on Nasdaq during the appeal.
- A one-for-ten reverse split became effective at 12:01 a.m. on September 14, 2026, and the stock has traded above the $1.00 minimum bid price since that date.
Why it matters
This 8-K reports a listing change at NEXTNRG, INC.. The likely share-price reaction reads as negative.
Bearish