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EzFill Holdings ( (EZFL) ) has provided an update.
On February 13, 2025, NextNRG, Inc. entered into an Underwriting Agreement for a public offering of 5,000,000 shares of common stock at $3.00 per share, with the offering closing on February 18, 2025. The company aims to use the estimated $13.3 million net proceeds to expand its business and repay debts. Concurrently, the company completed a share exchange agreement with NextNRG Holding Corp., resulting in a name change from EzFill Holdings to NextNRG, Inc., and trading under the new ticker NXXT. Michael D. Farkas was appointed as CEO, and Joel Kleiner as CFO, marking a leadership transition to drive the company’s strategic focus on integrating sustainable energy solutions into mobile fueling operations.
More about EzFill Holdings
NextNRG, Inc., formerly known as EzFill Holdings, Inc., operates in the renewable energy and mobile fueling industries. The company focuses on developing next-generation energy infrastructure, leveraging artificial intelligence and machine learning to integrate solar energy generation, battery storage, wireless EV charging, and on-demand fuel delivery. NextNRG aims to enhance energy efficiency and support decarbonization initiatives through its AI-driven Smart Microgrids, catering to commercial properties, schools, hospitals, and more.
YTD Price Performance: -3.08%
Average Trading Volume: 55,607
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $351.2M
See more data about EZFL stock on TipRanks’ Stock Analysis page.