NextNRG Inc. has announced the amendment of its existing promissory note with Alcourt LLC. Initially issued on April 4, 2025, for a principal sum of $1,000,000 at an interest rate of 15% per annum, the maturity date of the Alcourt Note was originally set for April 30, 2025. Under the new amendment, the maturity date has been extended to May 31, 2025. In exchange for this extension, NextNRG Inc. has agreed to issue 26,000 shares of common stock to Alcourt and pay an extension fee of $150,000. This amendment provides NextNRG with additional time to address its financial obligations while continuing its operations.
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