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NXXT 8-K: Delisting notice

Filed with the SEC on · accession 0001493152-26-051712

NXXT filed a 8-K (current report) with the SEC on Nov 13, 2026. Nasdaq denied NextNRG's request to continue listing and suspended trading of its common stock at the open on November 12, 2026, following failures to meet the $1.00 minimum bid price and $35 million market value of listed securities requirements.

Summary of the filing

Nasdaq denied NextNRG's request to continue listing and suspended trading of its common stock at the open on November 12, 2026, following failures to meet the $1.00 minimum bid price and $35 million market value of listed securities requirements. The stock began trading on OTC Markets under the symbol NXXT, and the company is seeking reconsideration and review of the Panel's decision.

For details, click here →How to read a 8-K →

Key details

Minimum bid price requirement not met$1
Market value of listed securities requirement not met$35.0M
Conversion price of Series C Convertible Non-Voting Preferred Stock (corrected from $1.35)$14
RegistrantNextNRG, Inc.
Exchange that suspended trading and denied continued listingThe Nasdaq Stock Market LLC
Panel that denied the company's request to continue listingNasdaq Hearings Panel
Body to which the company intends to request reviewNasdaq Listing and Hearing Review Council
Venue where the company's common stock began tradingOTC Markets
Chief executive officerMichael D. Farkas

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Frequently asked questions

What did NXXT file with the SEC on Nov 13, 2026?

NXXT filed a 8-K (Delisting notice). Nasdaq denied NextNRG's request to continue listing and suspended trading of its common stock at the open on November 12, 2026, following failures to meet the $1.00 minimum bid price and $35 million market value of listed securities requirements. The stock began trading on OTC Markets under the symbol NXXT, and the company is seeking reconsideration and review of the Panel's decision.

What does a delisting notice mean for NXXT stock?

The stock often falls sharply. In a Chapter 11 reorganization existing shares are frequently cancelled or heavily diluted; in Chapter 7 the company is liquidated and shareholders are paid last, usually nothing.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

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