The reverse split is a structural adjustment likely aimed at maintaining Nasdaq listing requirements. Monitor the company's next periodic report for any impact on trading liquidity or compliance status.
Price Chart
Executive Summary
NextNRG filed a Certificate of Change to effect a 1-for-10 reverse stock split, reducing outstanding shares from approximately 16.84 million to approximately 1.68 million and authorized shares from 500 million to 50 million. The split became effective on October 30, 2026, and is intended to help the company maintain Nasdaq listing compliance. No fractional shares will be issued; fractional entitlements will be rounded up.
Key Facts
- 1-for-10 reverse stock split effective October 30, 2026 at 12:01 a.m. Eastern Time
- Outstanding shares reduced from ~16.84 million to ~1.68 million
- Authorized shares reduced from 500 million to 50 million
- No fractional shares issued; fractional entitlements rounded up
- Trading symbol NXXT unchanged; new CUSIP 652941303
- Preferred stock authorized shares unchanged at 50,000,000
- Proportionate adjustments to outstanding equity awards and warrants
- Board approved the split by unanimous written consent on October 14, 2026
- Stockholder approval not required under Nevada law (NRS 78.207)
Financial Impact
No direct financial impact; reverse stock split is a mechanical share consolidation with no change to par value or overall equity value. Outstanding shares reduced from ~16.84M to ~1.68M.
Risk Factors
- Reverse splits can signal low stock price and potential delisting risk
- Reduced share count may decrease liquidity in the near term
- Rounding up fractional shares creates minor dilution for existing holders
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-049449 |
| Exhibit: ex99-1.htm | 0001493152-26-049449 |
| Document: 0001493152-26-049449-index-headers.html | 0001493152-26-049449 |
| Document: 0001493152-26-049449-index.html | 0001493152-26-049449 |
| Document: 0001493152-26-049449.txt | 0001493152-26-049449 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 1d ago | 8-K | $3.31 | awaiting T+20 | awaiting T+20 | $2.75 (−16.79%) |
Oct 27, 2026 4d ago | 8-K | $0.3674 | awaiting T+20 | awaiting T+20 | $2.75 (−648.50%) |
Oct 7, 2026 24d ago | 8-K | $0.6190 | awaiting T+20 | awaiting T+20 | $2.75 (−344.26%) |
Oct 6, 2026 25d ago | 8-K | $0.5980 | awaiting T+20 | awaiting T+20 | $2.75 (−359.87%) |
Sep 22, 2026 5w ago | Institutional Cluster | $0.8624 $0.5413 | ▼ −37.23% | ▼ −36.67% | $2.75 (+218.88%) |
Aug 24, 2026 9w ago | S-1 | $0.2280 $0.9030 | ▼ −296.05% | ▼ −294.81% | $2.75 (−1106.14%) |
Aug 12, 2026 11w ago | Press Release | $0.2790 $0.1534 | ▼ −45.02% | ▼ −43.12% | $2.75 (+885.66%) |
Jul 29, 2026 13w ago | 8-K | $0.2672 $0.2359 | ▲ +11.71% | ▲ +15.68% | $2.75 (−929.19%) |
Jun 18, 2026 19w ago | 8-K | $0.4957 $0.2778 | ▼ −43.96% | ▼ −43.34% | $2.75 (+454.77%) |
Jun 12, 2026 20w ago | EFFECT | $0.4350 $0.3156 | ▲ +27.45% | ▲ +29.23% | $2.75 (−532.18%) |
US Market Status
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