Next Technology (NASDAQ: NXTT) closes $157M stock and pre-funded warrant deal
Next Technology Holding Inc. (NASDAQ: NXTT) has successfully closed a registered direct offering, generating approximately $157 million in gross proceeds. The offering involved the sale of 71,381,818 shares of common stock at $1.10 per share and pre-funded warrants to purchase an equal number of shares at $1.099 per warrant. This significant capital raise is intended to support the company's dual-engine strategy focused on AI-enabled SaaS solutions and digital asset holdings, including Bitcoin, though it introduces potential equity dilution.