On March 16, 2026, NextNRG, Inc. received a written notice from the Nasdaq Listing Qualifications Department indicating that the company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This notification does not immediately affect the listing or trading of the company's common stock, which continues to trade under the symbol 'NXXT'. The company is currently monitoring the closing bid price of its common stock and evaluating alternatives to regain compliance with this rule. The Nasdaq Listing Rules require that listed securities maintain a minimum bid price of $1.00 per share. Based on the closing bid price for the last 30 consecutive business days, NextNRG no longer meets this requirement. The company has been given 180 calendar days, until September 14, 2026, to regain compliance. If the closing bid price reaches at least $1.00 per share for a minimum of 10 consecutive business days during this period, Nasdaq will provide written confirmation of compliance, and the matter will be closed. Alternatively, if the company fails to regain compliance but meets other continued listing requirements, it may be granted an additional 180 calendar days to regain compliance by effecting a reverse stock split if necessary. There is no assurance that the company will be able to regain compliance with the minimum bid price requirement, and it is considering actions to respond to the notice.

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