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Stock impact report

Next Technology Holding Inc. Announces $157 Million Registered Direct Offering

Next Technology Holding Inc. - Ordinary Shares (NXTT) 
Company Research Source: GlobeNewswire
CHEYENNE, WY, March 25, 2026 (GLOBE NEWSWIRE) -- Next Technology Holding Inc. (NASDAQ: NXTT) (the “Company”), today announced that it has entered into a definitive agreement with twenty investors, pursuant to which the Company agreed to issue and sell, in a registered direct offering (the “Offering”): (i) 71,381,818 shares of common stock of the Company, no par value per share, at a purchase price of $1.10 per share; and (ii) pre-funded warrants to purchase up to 71,381,818 shares of common stock (the “Pre-Funded Warrants”) at a purchase price of $1.099 per Pre-Funded Warrant.  The aggregate gross proceeds to the Company of the Offering are expected to be approximately $157 million. The transaction is expected to close on or about March 26, 2026, subject to the satisfaction of customary closing conditions.  The registered direct offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-290266) previously filed by the Company and became effective o Show less Read more
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