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NextNRG enters USD 2 million senior secured convertible note offering - NXXT News | Rallies

NextNRG enters USD 2 million senior secured convertible note offering

NXXT•2026-07-29

Senior secured convertible note offering

NextNRG priced a USD 2 million senior secured convertible note in a private placement that closed July 24, 2026.
Gross proceeds were about USD 1.8 million, earmarked for general corporate purposes, working capital.
The note carries 12% annual interest, matures Oct. 24, 2026, and includes a cash payment premium equal to 50% of outstanding principal.
Investor conversion option is set at a fixed USD 0.75 per share.

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