NextNRG, Inc. (NXXT) has implemented a 1-for-10 reverse stock split of its common stock, effective September 14, 2026. The stock began trading on a split-adjusted basis at the market open on the same day under the existing ticker symbol 'NXXT'.
Key Details
- Split Ratio: Every 10 shares of issued and outstanding common stock were automatically converted into one share of common stock.
- Share Count Impact: The number of outstanding common shares was reduced from approximately 168.4 million to approximately 16.8 million.
- Additional Information: No fractional shares will be issued; entitlements will be rounded up to the next whole share. Proportionate adjustments were also made to all outstanding options and warrants.