Next Technology Holding closes $157 million stock offering

Next Technology Holding Inc. (NASDAQ: NXTT) completed a registered direct offering that raised approximately $157 million in gross proceeds, the company announced.

The offering included 71,381,818 shares of common stock priced at $1.10 per share and pre-funded warrants to purchase up to 71,381,818 shares of common stock at $1.099 per warrant. The transaction closed on March 26, 2026.

The offering was conducted under a shelf registration statement on Form S-3 that became effective on November 20, 2025. A final prospectus supplement and accompanying prospectus were filed with the Securities and Exchange Commission on March 25, 2026.

Next Technology Holding, incorporated in Wyoming in 2019, operates as a technology company focused on artificial intelligence and digital assets. The company provides AI-enabled software-as-a-service solutions to industrial clients in the Asia-Pacific region and maintains digital asset holdings including Bitcoin.

The information is based on a company press release statement.

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