$ Value
$1.0M
Shares
1,000,000
Price
$1
Filed
Nov 26
Insider
Name
FARKAS MICHAEL D
Title
CEO and Executive Chairman
CIK
0001128728
Roles
Transaction Details
Transaction Date
2025-11-24
Code
A
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
63,194,446
Footnotes
Represents the issuance of common stock by the issuer to the reporting person in exchange for an agreement by the reporting person to settle certain indebtedness owed by the issuer to the reporting person, in the aggregate amount of $1,040,000, pursuant to certain promissory notes issued by the issuer (or its subsidiaries) to the reporting person between June 29, 2023 and February 18, 2025. | Does not include 725,200 shares of common stock which may be issued upon conversion of 140,000 shares of Series B preferred stock held by the reporting person, each with a stated value of $10.00 per share, at 70% of $2.78 (the minimum price on the date of issuance). | Held by SIF Energy LLC. The reporting person has voting and investment control over such shares. | Held by Balance Labs, Inc. The reporting person has voting and investment control over such shares. | Held by Inductive Holdings LLC. The reporting person has voting and investment control over such shares.
Filing Info
FARKAS MICHAEL D's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-02-02 | NXXT | A | $40K |
| 2025-11-24 | NXXT | A | $1.0M |
| 2025-10-20 | NXXT | A | $40K |
| 2025-09-18 | NXXT | ▲ | $1.7M ★ |
| 2025-08-25 | NXXT | A | $60K |
| 2025-06-20 | NXXT | G | — |
Other Insiders at NXXT (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
FARKAS MICHAEL D
CEO and Executive Chairman
|
— | — | 2026-02-02 |