NextNRG Inc. is trading 6.7% up at $0.64 in after-hours trading as shares extend a sharp intraday rebound following heavy selling tied to a recent capital raise.
- The stock had been under pressure through June 1 due to a late-May $6.4 million discounted private placement used to retire convertible debt.
- Today’s price action suggests a continuation of the recovery as investors reassess the dilution impact against the company's improved balance sheet.