NXTT · Next Technology Holding Inc.

Summary

Next Technology Holding Inc. entered into a securities purchase agreement on March 25, 2026, with twenty investors to issue and sell in a registered direct offering 71,381,818 shares of common stock at $1.10 per share and pre-funded warrants to purchase up to 71,381,818 shares at $1.099 per warrant, expecting approximately $157 million in gross proceeds for working capital.

Key takeaways

• Entered Purchase Agreement on 2026-03-25 with twenty Purchasers
• Issuing 71,381,818 Common Stock shares at $1.10 per share
• Pre-Funded Warrants for 71,381,818 shares at $1.099 per warrant, exercisable at $0.001 per share
• Expected gross proceeds of $157 million before expenses
• Offering closes on 2026-03-26
• Net proceeds for working capital; 4.99% beneficial ownership limit