NEXTNRG, INC. 8-K

What Happened NextNRG, Inc. (ticker: NXXT) filed an 8-K on March 20, 2026 reporting that on March 16, 2026 it received a written "Bid Price Notice" from the Nasdaq Listing Qualifications Department stating the company is not in compliance with Nasdaq's $1.00 minimum bid price requirement (Rule 5550(a)(2)). The notice does not affect current listing or trading of NextNRG's common stock on Nasdaq.

Key Details

• Nasdaq determined NextNRG failed the $1.00 minimum bid price based on the closing bid price over the last 30 consecutive business days.
• The company has 180 calendar days to regain compliance — deadline is September 14, 2026.
• If the closing bid price is at least $1.00 for 10 consecutive business days during the period, Nasdaq will confirm compliance and close the matter.
• If noncompliance persists, NextNRG may qualify for an additional 180-day compliance period only if it meets other initial listing standards (e.g., market value of publicly held shares) and notifies Nasdaq of an intent to cure via a reverse stock split; the company is evaluating options and has made no decisions.

Why It Matters This notice signals a risk of potential delisting from the Nasdaq Capital Market if NextNRG's share price remains below $1.00 and the company does not take remedial action. For investors, trading continues for now under symbol NXXT, but outcomes such as a reverse stock split or other corporate actions could affect share count and market perception. The company is monitoring the situation and assessing alternatives; there is no assurance it will regain compliance.