Next Technology Commences ~$157M Offering Of Common Stock, Pre-Funded Warrants

Next Technology Holding Inc. (NASDAQ: NXTT) has announced a definitive agreement to raise approximately $157 million through a registered direct offering. The company will issue 71,381,818 shares of common stock at a price of $1.10 per share, along with pre-funded warrants at a price of $1.099 each. The transaction is expected to close on or about March 26, 2026, pending customary closing conditions.