NextNRG files draft information statement on Schedule 14C

• NextNRG shareholders authorized an expansion of the 2023 equity incentive plan share pool to 54,250,000 from 22,250,000.
• Shareholders authorized a reverse stock split, allowing a ratio range of 1-for-5 to 1-for-12 within one year.
• Shareholders authorized a Series C Convertible Non-Voting Preferred Stock financing with a $0.135 floor conversion price into common stock.
• The financing could include up to 1,000,000 Series C Preferred Shares, targeting maximum aggregate gross proceeds of USD 9 million.
• Shareholders authorized common stock issuances to CEO and Executive Chairman Michael D. Farkas under his employment agreement, including USD 2 million annual equity salary.

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: 0001493152-26-035688), on July 31, 2026, and is solely responsible for the information contained therein.