NextNRG Inc. has entered into a significant Master Lease Agreement with Equify Financial, LLC, marking a strategic move to enhance its operational capabilities. The agreement, effective from May 29, 2025, allows NextNRG to lease essential equipment as outlined in various lease schedules. Under this arrangement, the company has already engaged in Equipment Lease Schedule No. 001, which involves leasing equipment at a total cost of $899,640 for an initial term of 36 months. The lease requires an initial rent payment of $27,886, followed by monthly payments of $27,790 starting August 1, 2025. This agreement provides NextNRG with the opportunity to purchase Equify's interests in the equipment upon lease expiration, contingent on providing timely notice and meeting specific financial obligations. This development is part of NextNRG's ongoing efforts to expand its equipment resources while maintaining financial flexibility.
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