NextNRG Announces Closing of $6.4 Million Private Placement of Common Stock with New Fundamental Institutional Investor

MIAMI, FL, May 28, 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 the closing of its previously announced private placement of 10,000,000 shares of its common stock. The investor is a global multi-strategy institutional investment firm, and upon closing becomes an approximately 6% shareholder of the Company. The Company received gross proceeds of approximately $6.4 million, before deducting placement agent fees and other offering expenses.