- 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 to purchase up to **3,000,000** shares of common stock to an accredited investor, along with additional due diligence notes and warrants to a consultant.  **[1817004_0001493152-25-019307_form8-k.htm:0]** 
- The company completed an initial closing on **September 8, 2025**, receiving **$2,500,000** in gross proceeds from the issuance of **$2,950,000** in notes and warrants for **750,000** shares, reflecting an **18%** original issue discount.  **[1817004_0001493152-25-019307_form8-k.htm:0]** 
- Two additional closings occurred on **October 3, 2025**, and **October 22, 2025**, each generating **$1,250,000** in gross proceeds from the issuance of **$1,475,000** in notes and warrants for **375,000** shares, also at an **18%** original issue discount.  **[1817004_0001493152-25-019307_form8-k.htm:1]** 
- The initial conversion price for the notes and due diligence notes issued on **October 22, 2025**, is **$1.82** per share of common stock.  **[1817004_0001493152-25-019307_form8-k.htm:1]** 
- Shares of common stock issuable upon conversion or exercise from these closings were registered via a shelf registration statement and prospectus supplement, while the underlying notes and warrants were primarily offered under a registration exemption.  **[1817004_0001493152-25-019307_form8-k.htm:1]** **[1817004_0001493152-25-019307_form8-k.htm:2]**

NextNRG, Inc. completes multiple closings for convertible notes and warrants

- 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)