CHEYENNE, Wyoming, Sept. 11, 2025 — Next Technology Holding Inc. (“NXTT” or the “Company”) (NASDAQ: NXTT), a technology company specializing in AI-enabled software development services and strategic Bitcoin acquisitions, announced today its plan to execute a reverse stock split of its issued and outstanding common shares. The split, set at a ratio of 200-for-1, will become effective at 12:01 a.m. Eastern Time on September 16, 2025. This reverse stock split will be applied simultaneously to all of the company’s outstanding common shares and will impact all stockholders of the Company without discrimination.
The Company’s common stock will continue to be traded on the Nasdaq Capital Market (“Nasdaq”) under its existing ticker symbol “NXTT.” Trading on a split-adjusted basis is slated to commence at the start of market activity on September 16, 2025. The new CUSIP number for the common stock following the reverse stock split will be: 961884301.
Following the reverse stock split, every two hundred (200) existing shares of the Company’s common stock that are issued and outstanding will be automatically consolidated, converted, and exchanged into one (1) share of common stock, without requiring any action from the Company or its shareholders. This action will decrease the total number of the Company’s outstanding common shares from approximately 566,265,135 to approximately 2,831,326 shares. No fractional shares will be issued as a consequence of the reverse stock split; instead, any fractional shares that would otherwise occur will be rounded up to the nearest whole share. The reverse stock split will not alter the Company’s authorized number of common stock shares or the par value per common share. Furthermore, under the Company’s 2025 Equity Incentive Plan (referred to as the “Plan”), any unissued common shares reserved under the Plan will not undergo adjustment for any reduction in the number of common shares resulting from the reverse stock split.
Once the reverse stock split is implemented in the market, shareholders of the Company holding their shares (i) in electronic form through brokerage firms will not need to take any action, as the reverse stock split’s effect will be automatically updated in their brokerage accounts, (ii) electronically in book-entry form with the transfer agent, Transhare Corporation, will also not need to take any steps to receive their post-reverse stock split common stock, and (iii) through a bank, broker, custodian, or other nominee and who may have inquiries are encouraged to reach out to their respective banks, brokers, custodians, or other nominees for clarification.
About Next Technology Holding Inc.
Established in Wyoming on March 28, 2019, the Company operates as a technology enterprise driven by a dual strategy encompassing “AI plus digital assets.” Next Technology Holding Inc. provides AI-powered SaaS software design, development, and implementation services to industrial clients across the Asia-Pacific region and beyond. Its digital asset holdings can be used as collateral for financing, partially liquidated for cash, or strategically leveraged to generate additional revenue streams. The Company holds the view that Bitcoin’s finite supply positions it favorably for long-term value appreciation amidst increasing global adoption and as a potential safeguard against inflation.
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Forward-Looking Statements
This press release may contain statements that could be considered “forward-looking statements,” including expressions such as “may,” “believe,” “estimate,” “project,” “expect,” “will,” or similar phrasing. Forward-looking statements inherently carry risks and uncertainties that could lead to the Company’s actual results differing materially from those projected. Factors that could contribute to such divergences include: fluctuations in the market price of bitcoin and any related unrealized gains or losses on digital assets the Company might record in its financial statements due to changes in bitcoin’s market price from its balance sheet value; gains or losses from any bitcoin sales; alterations in accounting treatment concerning the Company’s bitcoin holdings; changes in securities laws or other regulations, or the introduction of new laws or regulations pertaining to bitcoin that negatively affect its price or the Company’s ability to conduct transactions in or own bitcoin; the impact of the availability of spot exchange-traded products and other investment vehicles for bitcoin and other digital assets; a reduction in liquidity within bitcoin trading markets; security breaches, cyberattacks, unauthorized access, loss of private keys, fraud, or other events or circumstances leading to the loss of the Company’s bitcoins; variations in tax benefits or provisions; competitive pressures; overall economic conditions, including inflation rates and interest rates; currency exchange fluctuations; and other risks detailed in the Company’s registration statements and its periodic and current reports filed with the Securities and Exchange Commission. The Company does not commit to updating these forward-looking statements for any revisions or changes after the date of this release.
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