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NextNRG, Inc. Announces Closing of Public Offering - NextNRG, Inc. - Common Stock (NASDAQ:NXXT)
MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. ("NextNRG" and the "Company") NXXT, a company focused on renewable energy, mobile fueling, and next-generation energy infrastructure, today announced the closing of a public offering of 5,000,000 shares of common stock at a price to the public
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NextNRG Inc. Announces Fleet Fueling Agreement with Florida Beauty, a Division of Mogul Energy International, Inc., Supporting High-Demand Floral Logistics - NextNRG, Inc. - Common Stock (NASDAQ:NXXT)
MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- NextNRG Inc. ("NextNRG" or the "Company") NXXT, a pioneer in Artificial Intelligence and Machine Learning applications for energy solutions, today announced its fueling-division EzFill, has entered into a fleet fueling agreement with Florida Beauty, a
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NextNRG, Inc., formed from the merger of NextNRG Holding Corp. and EzFill, combines AI-driven renewable energy solutions with mobile fueling services. The company recently closed a $15 million public offering and secured a major fleet fueling agreement with Florida Beauty.

NextNRG, Inc. (NASDAQ: NXXT) has positioned itself at the forefront of the renewable energy and mobile fueling sectors following a strategic merger and successful public offering. The company, formed from the combination of NextNRG Holding Corp. and EzFill, is leveraging artificial intelligence (AI) and machine learning (ML) to create an integrated ecosystem of energy solutions
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.On February 18, 2025, NextNRG announced the closing of a public offering that raised $15 million in gross proceeds. The company sold 5,000,000 shares of common stock at $3.00 per share, with an additional 45-day option granted to underwriters for up to 750,000 shares to cover over-allotments
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. This capital infusion is earmarked for business expansion, debt repayment, and general corporate purposes.At the core of NextNRG's strategy is the deployment of AI-driven Smart Microgrids. These systems integrate solar power generation, battery storage, and intelligent energy management to enhance efficiency and grid resiliency. The company's innovative approach extends to various sectors, including commercial properties, healthcare facilities, and government installations
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.Demonstrating its commitment to bridging traditional fuel needs with clean energy solutions, NextNRG's fueling division, EzFill, has secured a significant fleet fueling agreement with Florida Beauty, a division of Mogul Energy International, Inc. (OTCQB: MGUY). This partnership will see NextNRG providing mobile fueling solutions to Florida Beauty's fleet of over 200 semi-trucks and 300 refrigerated trailers
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.The agreement with Florida Beauty highlights NextNRG's role in supporting critical supply chain operations. As one of the nation's largest floral logistics companies, Florida Beauty relies on efficient fueling to maintain its operations, especially during peak seasons like Valentine's Day and Mother's Day. NextNRG's services are expected to significantly improve Florida Beauty's operational efficiency, potentially saving time and labor costs
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NextNRG's vision extends beyond current fueling needs. Discussions are underway with Florida Beauty regarding the potential electrification of their fleet and the deployment of smart microgrid and wireless charging solutions at their headquarters. This forward-thinking approach aligns with NextNRG's goal of creating a sustainable energy ecosystem that incorporates both traditional and renewable energy sources
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.Trading under the ticker symbol NXXT on the Nasdaq Capital Market, NextNRG is poised to capitalize on the growing demand for intelligent energy solutions and mobile fueling services. The company's innovative use of AI and ML technologies, combined with its expanding fleet of fuel delivery trucks and national footprint, positions it as a leader in the evolving energy landscape
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.As NextNRG continues to integrate sustainable energy solutions into its mobile fueling operations, it represents a unique investment opportunity at the intersection of renewable energy, AI-driven technology, and traditional fuel delivery services.
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