NextNRG, Inc. Announces Nasdaq Delisting Decision and Expected Transfer to OTC Markets

2026-11-11

Investivoq

NextNRG, Inc. announced its delisting from Nasdaq, effective November 12, while requesting reconsideration and review.

Investivoq AI Summary

NextNRG, Inc. announced that the Nasdaq Hearings Panel has decided to delist its common stock from the Nasdaq Stock Market, with trading suspended starting November 12, 2026. The company's stock is expected to be quoted on the OTC Markets under the symbol "NXXT." NextNRG has requested reconsideration of this decision from the Panel and intends to appeal to the Nasdaq Listing and Hearing Review Council, although these requests do not halt the trading suspension. Despite the delisting, the company assures that its operations will remain unaffected and will continue to file reports with the SEC. NextNRG specializes in AI-driven energy solutions, including its Smart Controller technology and other energy-related services.

Potential Positives

The company is taking proactive steps by submitting a request for reconsideration and planning to appeal to the Nasdaq Listing Council regarding the delisting decision.
NextNRG's operations remain unaffected despite the suspension of trading, indicating stability in its business activities.
The company plans to continue providing updates and filing necessary reports with the Securities and Exchange Commission, demonstrating transparency and commitment to communication with stakeholders.
NextNRG is positioned to be quoted on the OTC Markets, which allows for continued trading of its common stock, maintaining some level of market presence.

Potential Negatives

The Company is facing delisting from the Nasdaq Stock Market, which can negatively impact its reputation and investor confidence.
Trading in the Company’s common stock will be suspended, potentially leading to reduced liquidity and market visibility.
Despite submitting requests for reconsideration, there is no assurance of a positive outcome, creating uncertainty for shareholders.

FAQ

What decision did the Nasdaq Hearings Panel make regarding NextNRG?

The Panel has decided to delist NextNRG's common stock from Nasdaq, with trading suspended on November 12, 2026.

Where can investors trade NextNRG's stock after Nasdaq suspension?

NextNRG's common stock will be quoted on the OTC Markets under the symbol "NXXT" starting November 12, 2026.

Is NextNRG's business operations affected by the Nasdaq delisting?

No, the suspension of trading does not impact NextNRG's operations, which will continue as usual.

What steps is NextNRG taking after the delisting decision?

NextNRG has requested reconsideration from the Panel and plans to ask the Listing Council to review the decision.

How can I get updates about NextNRG's situation?

NextNRG will continue to provide updates as necessary and files periodic and current reports with the SEC.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

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$NXXT Revenue

$NXXT had revenues of $27.7M in Q2 2026. This is an increase of 40.91% from the same period in the prior year.

You can track NXXT financials on Investivoq's NXXT stock page.

You can access data on NXXT stock through the Investivoq API.

$NXXT Hedge Fund Activity

We have seen 19 institutional investors add shares of $NXXT stock to their portfolio, and 56 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

B. RILEY WEALTH ADVISORS, INC. removed 2,100,092 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,768,067
BLACKROCK, INC. removed 1,714,437 shares (-94.8%) from their portfolio in Q2 2026, for an estimated $600,395
AQR CAPITAL MANAGEMENT LLC removed 391,749 shares (-50.5%) from their portfolio in Q2 2026, for an estimated $137,190
MILLENNIUM MANAGEMENT LLC added 346,725 shares (+inf%) to their portfolio in Q2 2026, for an estimated $121,423
NORTHERN TRUST CORP removed 229,916 shares (-67.6%) from their portfolio in Q2 2026, for an estimated $80,516
THEMES MANAGEMENT CO LLC removed 226,564 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $190,744
DEUTSCHE BANK AG\ removed 169,955 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,951,824

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

Full Release

MIAMI, FL, Nov. 11, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT) (“NextNRG” or the “Company”), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the Company’s common stock from The Nasdaq Stock Market LLC (“Nasdaq”), and that trading in the Company’s common stock on Nasdaq will be suspended at the open of trading on November 12, 2026. The Company expects that its common stock will be quoted on the OTC Markets under the symbol “NXXT” beginning on or about November 12, 2026.

The Company has submitted a request for reconsideration to the Panel and also intends to request that the Nasdaq Listing and Hearing Review Council (the “Listing Council”) review the Panel’s decision. Neither request stays the suspension of trading, and there can be no assurance as to the outcome of either request.

The suspension of trading on Nasdaq does not affect the Company’s operations, and the Company will continue to file periodic and current reports with the Securities and Exchange Commission. The Company will continue to provide updates as appropriate.

About NextNRG, Inc.

NextNRG, Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System®.

NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation’s largest on-demand mobile fueling fleets through EzFill.

To learn more, visit www.nextnrg.com .

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the suspension of trading in the Company’s common stock on Nasdaq, the quotation of the Company’s common stock on the OTC Markets, the outcome of the Company’s request for reconsideration and any request for review by the Listing Council, and the Company’s ability to regain a listing on Nasdaq. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statement in this press release, except as required by law.

Investor Contact NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com