NXTT · Next Technology Holding Inc.

Summary

Next Technology Holding Inc. announced the closing of a $157 million registered direct offering, issuing 71,381,818 shares of common stock at $1.10 per share and pre-funded warrants for the same number of shares at $1.099 per warrant. This capital raise provides significant funding for the company's operations and strategic initiatives.

Key takeaways

• Closed $157 million registered direct offering
• Issued 71,381,818 shares of common stock at $1.10 per share
• Issued pre-funded warrants for 71,381,818 shares at $1.099 per warrant
• Transaction closed on March 26, 2026
• Offering made pursuant to Form S-3 shelf registration (File No. 333-290266)
• Prospectus supplement filed with SEC on March 25, 2026