NextNRG Terminates At-the-Market Sales Agreement
Globenewswire·2026-01-23 14:15

Core Viewpoint - NextNRG, Inc. has terminated its At the Market Sales Agreement with ThinkEquity LLC, H.C. Wainwright & Co., LLC, and Roth Capital Partners, effective January 17, 2026, and has no immediate plans for another at-the-market offering [1][2]. Group 1: Company Strategy - The company is focusing on executing its core business strategy and is prioritizing the pursuit of strategic investors to support long-term growth and operational expansion [2][3]. - NextNRG aims to align its capital strategy with the objective of building durable enterprise value while advancing its commercial and infrastructure initiatives [3]. Group 2: Business Operations - NextNRG integrates AI and machine learning into utility infrastructure, battery storage, wireless EV charging, renewable energy, and mobile fuel delivery to create a unified platform for modern energy management [4]. - The company's Next Utility Operating System® optimizes both new and existing infrastructure across microgrids, utilities, and fleet operations, serving various sectors including commercial, healthcare, educational, tribal, and government sites [5]. - NextNRG operates one of the largest on-demand fueling fleets in the nation and is advancing wireless charging technology to support fleet electrification [5].

NextNRG Terminates At-the-Market Sales Agreement - Reportify