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NextNRG Extends Promissory Note Maturity to June 30

Story Highlights
  • NextNRG issued a $1,000,000 promissory note to Alcourt LLC on March 31, 2025.
  • The note’s maturity was extended multiple times, with the latest extension to June 30, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NextNRG Extends Promissory Note Maturity to June 30

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NextNRG ( (NXXT) ) has shared an announcement.

NextNRG Inc. has been involved in a series of amendments to a promissory note originally issued to Alcourt LLC on March 31, 2025, with a principal sum of $1,000,000. The note’s maturity date was initially set for April 30, 2025, but was extended multiple times through amendments that involved issuing shares of common stock to Alcourt and paying extension fees. The latest amendment, dated June 23, 2025, extends the maturity date to June 30, 2025, with an option for further monthly extensions until September 30, 2025, in exchange for additional shares.

The most recent analyst rating on (NXXT) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on NextNRG stock, see the NXXT Stock Forecast page.

Spark’s Take on NXXT Stock

According to Spark, TipRanks’ AI Analyst, NXXT is a Neutral.

While corporate events highlight significant operational achievements and market expansion, financial performance remains a major concern with substantial risks due to ongoing losses and high leverage. Technical analysis and valuation offer limited support, resulting in a moderate overall score.

To see Spark’s full report on NXXT stock, click here.

More about NextNRG

Average Trading Volume: 94,682

Technical Sentiment Signal: Sell

Current Market Cap: $336.3M

For detailed information about NXXT stock, go to TipRanks’ Stock Analysis page.

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