NextNRG amends Series C preferred stock, expects $9.0 million reclassification
NXXT•NextNRG amended its Series C preferred stock terms and expects approximately $9.0 million to be reclassified to stockholders' equity. The amendment requires updated stockholder approval and aligns with a redomestication and reverse split.
1. Preferred stock amendment
NextNRG amended the terms of its Series C preferred stock. The company expects approximately $9.0 million to be reclassified to stockholders' equity; the amendment requires updated stockholder approval and aligns with a redomestication and reverse split.
