Core Viewpoint - EzFill Holdings, Inc. has announced a public offering of 5 million shares at $3.00 per share, aiming to raise $15 million, and will undergo a name change to NextNRG, Inc. following a merger with NextNRG Holding Corp. [2][3][4] Group 1: Public Offering Details - The public offering consists of 5,000,000 shares priced at $3.00 each, generating gross proceeds of $15,000,000 before expenses [2][4] - Underwriters have a 45-day option to purchase an additional 750,000 shares to cover over-allotments [2][4] - The offering is expected to close on February 18, 2025, subject to customary closing conditions [3] Group 2: Company Name Change and Trading Information - Effective February 14, 2025, EzFill will change its name to NextNRG, Inc. and will trade under the new ticker symbol "NXXT" on the Nasdaq Capital Market [3][11] - The new CUSIP number for the company will be 652941105 [3] Group 3: Use of Proceeds - The proceeds from the offering will be utilized for business expansion, repayment of outstanding debt, and general corporate purposes, including working capital [4] Group 4: Strategic Focus of NextNRG - NextNRG aims to focus on renewable energy, mobile fueling, and next-generation energy infrastructure, leveraging AI and machine learning technologies [7][10] - The strategy includes deploying Smart Microgrids to enhance energy efficiency and support decarbonization initiatives [8][9] - The company plans to integrate sustainable energy solutions into its mobile fueling operations, expanding its fleet and national footprint [10][11]
EzFill Holdings Announces Pricing of $15 Million Public Offering and Closing of Share Exchange with NextNRG