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NEXTNRG, INC. — Director's Dealing 2025
Feb 19, 2025
33541_dirs_2025-02-18_5e2809be-a8c5-461d-9eb8-ca2b25ad2b76.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEXTNRG, INC. (NXXT)
CIK: 0001817004
Period of Report: 2025-02-13
Reporting Person: FARKAS MICHAEL D (Director, CEO and Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-13 | Common Stock, par value $0.0001 per share | J | 73067463 | — | Acquired | 77200189 | Indirect |
Footnotes
F1: Michael D. Farkas received 60,167,275 shares (the "Shares") of Common Stock and Inductive Holdings LLC ("Inductive") received 12,900,188 shares of Common Stock pursuant to the Second Amended and Restated Exchange Agreement dated June 11, 2024, as amended on July 22, 2024 and on September 25, 2024 (the "Exchange Agreement") entered into among the Issuer, the members of Next Charging LLC (the "Members") and Michael D. Farkas, as the representative of the Members. The Amount of Securities Beneficially Owned includes 42,372,880 shares of Common Stock subject to vesting and forfeiture as provided for in the Exchange Agreement.
F2: Amount of Securities Beneficially Owned includes (i) 64,118,596 shares held directly, (ii) 154,827 shares held by SIF Energy LLC, (iii) 26,578 shares held by Balance Labs, Inc. and (iv) 12,900,188 shares held by Inductive Holdings LLC. The Reporting Person has voting and dispositive power over the Common Stock held by SIF Energy LLC, NextNRG Holding Corp., Balance Labs, Inc. and Inductive Holdings LLC.