NextNRG Amends Series C Preferred Stock; Expects Approximately $9.0 Million to Be Reclassified to Stockholders' Equity
NextNRG (NXXT) amended its Series C Preferred Stock, removing the holder's optional redemption right. This change is expected to reclassify $9.0 million to stockholders' equity, aiding the company's plan to regain Nasdaq compliance. The amendment also revises other terms and requires updated stockholder approval. NextNRG's common stock continues to trade on the Nasdaq Capital Market under the symbol 'NXXT'.


