EzFill Prices Public Offering Of 5 Mln Shares At $3.00/shr; Stock Drops
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EzFill Holdings Inc. (EZFL) has priced a public offering of 5 million shares at $3.00 each, aiming for gross proceeds of $15 million. Following the announcement, EZFL's stock fell 3.85% to $3.50 and dropped an additional 9.43% in after-hours trading. The company will change its name to NextNRG, Inc. on February 14, 2025, and will trade under the new ticker symbol NXXT. Proceeds from the offering will be used for business expansion, debt repayment, and general corporate purposes.
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