NextNRG Inc. Extends Alcourt Promissory Note with New Terms and Additional Common Stock Issuance

Reuters

05-24

<a href="https://laohu8.com/S/NXXT">NextNRG Inc.</a> Extends Alcourt Promissory Note with New Terms and Additional Common Stock Issuance

NextNRG Inc. has announced the amendment of its existing promissory note with Alcourt LLC. Initially issued on April 4, 2025, for a principal sum of $1,000,000 at an interest rate of 15% per annum, the maturity date of the Alcourt Note was originally set for April 30, 2025. Under the new amendment, the maturity date has been extended to May 31, 2025. In exchange for this extension, NextNRG Inc. has agreed to issue 26,000 shares of common stock to Alcourt and pay an extension fee of $150,000. This amendment provides NextNRG with additional time to address its financial obligations while continuing its operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextNRG Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012304), on May 23, 2025, and is solely responsible for the information contained therein.

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Extends Alcourt Promissory Note with New Terms and Additional Common Stock Issuance","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/NXXT\">NextNRG Inc.</a> Extends Alcourt Promissory Note with New Terms and Additional Common Stock Issuance\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        NextNRG Inc. has announced the amendment of its existing promissory note with Alcourt LLC. Initially issued on April 4, 2025, for a principal sum of $1,000,000 at an interest rate of 15% per annum, the maturity date of the Alcourt Note was originally set for April 30, 2025. Under the new amendment, the maturity date has been extended to May 31, 2025. 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NextNRG Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012304), on May 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4144","symbol_name":"石油與天然氣的儲存和運輸","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250523:nNDL27xy87:1","article_id":"2537157800","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537157800","pubTimestamp":1748034062,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"NextNRG Inc. has announced the amendment of its existing promissory note with Alcourt LLC. 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