NextNRG Announces Completion of Strategic Financial Restructuring Reducing Monthly Burn by Approximately $1 Million
Globenewswire·2025-07-21 13:05
Company Converts Debt to Restricted Common Stock at Premium to Market and Refinances High-Cost Debt with 8-Month NoteMIAMI, July 21, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced the completion of a comprehensive financial restructuring that significantly reduces the company' ...