NextNRG, Inc. filed a Form 8-K on October 30, 2026, disclosing that a 1-for-10 reverse stock split of its common stock became effective at 12:01 a.m. Eastern Time on October 30, 2026.

Key Highlights

  • Reverse split ratio: Every 10 shares of common stock issued and outstanding were automatically converted into one share, effective October 30, 2026 at 12:01 a.m. Eastern Time.
  • Authorized shares reduced: The total authorized shares of common stock decreased proportionately from 500 million to 50 million shares.
  • Board approval: The board of directors approved the reverse stock split by unanimous written consent on October 14, 2026.
  • No stockholder vote required: According to the filing, no stockholder approval was required under Nevada Revised Statutes 78.207 because the split effected a proportionate decrease in both authorized and issued and outstanding shares of the entire class.
  • Fractional shares: No fractional shares will be issued; fractional entitlements will be rounded up to the nearest whole share, with no cash or other consideration paid.
  • Preferred stock unchanged: The 50,000,000 authorized shares of preferred stock, par value $0.0001 per share, remain unaffected.
  • Trading symbol retained: The company disclosed that common stock is expected to trade on a reverse split-adjusted basis under the existing symbol NASDAQ:NXXT when the market opened on October 30, 2026.

NextNRG Files Certificate of Change with Nevada for 1-for-10 Common Stock Split

According to the filing, NextNRG, Inc. filed a Certificate of Change with the Nevada Secretary of State on October 28, 2026, amending its Articles of Incorporation to effect the reverse stock split. The split, carried out under Nevada Revised Statutes 78.207, required no stockholder vote because it involved a proportionate decrease in both the authorized and issued and outstanding shares of the entire class of common stock. The common stock carries a par value of $0.0001 per share.

The company disclosed that, as a result of the reverse stock split, proportionate adjustments will also be made to the number of shares of common stock underlying its outstanding equity awards and warrants. The Certificate of Change was filed as Exhibit 3.1 to the Current Report, and the company also issued a press release on October 28, 2026 announcing the action, attached as Exhibit 99.1. The filing was signed by Michael D. Farkas, Chief Executive Officer, on October 30, 2026.

The company is incorporated in Nevada, maintains its principal executive offices at 407 Lincoln Rd. #9F, Miami Beach, Florida 33139, and is classified as an emerging growth company under applicable Securities Act and Exchange Act definitions. No cash or other consideration will be paid in connection with any fractional shares that would otherwise have resulted from the reverse stock split, according to the filing.

What Was Disclosed

NextNRG, Inc. reported a 1-for-10 reverse stock split effective October 30, 2026, reducing authorized common shares from 500 million to 50 million, with board approval on October 14, 2026 and no stockholder vote required under Nevada law.