---
title: "NextNRG enters USD 2 million senior secured convertible note offering"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294264785.md"
description: "NextNRG priced a USD 2 million senior secured convertible note in a private placement closing July 24, 2026. Gross proceeds of approximately USD 1.8 million will fund general corporate purposes and working capital. The note bears 12% annual interest, matures October 24, 2026, includes a 50% cash payment premium, and offers investors a conversion option at a fixed price of USD 0.75 per share."
datetime: "2026-07-29T21:22:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294264785.md)
  - [en](https://longbridge.com/en/news/294264785.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294264785.md)
generator: "portal-rs"
---

# NextNRG enters USD 2 million senior secured convertible note offering

-   NextNRG priced a USD 2 million senior secured convertible note in a private placement that closed July 24, 2026. \* Gross proceeds were about USD 1.8 million, earmarked for general corporate purposes, working capital. \* Note carries 12% annual interest, matures Oct. 24, 2026, includes a cash payment premium equal to 50% of outstanding principal. \* Investor conversion option set at a fixed USD 0.75 per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextNRG Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035221), on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**