EzFill Holdings Announces Pricing of $15 Million Public Offering and Closing of Share Exchange with NextNRG
Summary
MIAMI, Feb. 13, 2025 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (EzFill and the Company) (Nasdaq: EZFL), a leading mobile fueling company, today announced the pricing of a public offering of 5,000,000 shares of common stock at a price to the public of $3.00 per share, for gross proceeds of $15,000,000, before deducting underwriting discounts and offering expenses. The final prospectus will be filed with the SEC and will be available on the SECs website located at http://www.sec.gov.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About NextNRG, Inc. (f/k/a EzFill Holdings, Inc.)NextNRG Holding Corp. (NextNRG) and EzFill have merged to form a combined entity focused on renewable energy, mobile fueling, and next-generation energy infrastructure. By leveraging artificial intelligence (AI) and machine learning (ML) technologies, NextNRG is developing an integrated ecosystem that combines solar energy generation, battery storage, wireless electric vehicle (EV) charging, and on-demand fuel delivery.At the core of NextNRGs strategy is the deployment of NextNRG Smart Microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs, and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.Following the merger with EzFill, NextNRG is integrating sustainable energy solutions into mobile fueling operations. To find out more visit NextNRG.com.This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.