- NEXTNRG, INC. entered into a securities purchase agreement on **September 8, 2025**, to sell up to **$11,800,000** in senior secured convertible notes and warrants for up to **3,000,000 shares** of common stock.  **[1817004_0001493152-25-017615_form8-k.htm:0]** 
- An **initial closing** on **September 8, 2025**, generated **$2,500,000 gross proceeds** from the issuance of **$2,950,000** in notes and warrants for **750,000 shares**, reflecting an **18% original issue discount**.  **[1817004_0001493152-25-017615_form8-k.htm:0]** 
- A **second closing** on **October 3, 2025**, generated **$1,250,000 gross proceeds** from the issuance of **$1,475,000** in notes and warrants for **375,000 shares**, also with an **18% original issue discount** and an initial conversion price of **$1.92 per share**.  **[1817004_0001493152-25-017615_form8-k.htm:1]**

NEXTNRG, INC. Completes Second Closing of Convertible Note and Warrant Offering

- On **September 18, 2025**, NextNRG, Inc. entered into a Stock Purchase Agreement with its Chief Executive Officer and Executive Chairman, Michael D. Farkas.  **[1817004_0001493152-25-014161_ex10-1.htm:0]** **[1817004_0001493152-25-014161_form8-k.htm:1]** 
- Pursuant to the agreement, the Company issued **1,000,000 restricted shares** of its common stock to Mr. Farkas at a price of **$1.67 per share**.  **[1817004_0001493152-25-014161_form8-k.htm:1]** 
- The **$1,670,000** purchase price was satisfied by the cancellation and discharge of outstanding indebtedness owed by the Company to Mr. Farkas, stemming from promissory notes issued between May 5, 2025, and June 10, 2025.  **[1817004_0001493152-25-014161_form8-k.htm:1]** **[1817004_0001493152-25-014161_ex10-1.htm:3]**

NEXTNRG (NXXT)