What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2026-03-31 compared with 2025-03-27 · 53 added, 28 removed, 55 unchanged (60% of the section changed)

6 unchanged sentences

common stock on the Nasdaq Capital Market as of December 31, 2025 was $6.03 per share.

As of March 27, 2025, we had approximately 358

shareholders recorded on the book for our common stock.

Transfer Agent

5 unchanged sentences

there were approximately 370 holders of record of our common stock.

We have not declared any cash dividends on our

common stock during our two most recent fiscal years.

In the near future, we intend to retain any earnings to finance the development

and expansion of our business.

We do not anticipate declaring or paying any cash dividends on our common stock in the foreseeable future.

The declaration and payment of cash dividends by us are subject to the discretion of the Board.

Any future determination to pay cash dividends

will depend on our results of operations, financial condition, capital requirements, contractual restrictions and other factors deemed

relevant at the time by the board of Directors.

We are not currently subject to any contractual arrangements that restrict our ability

to pay cash dividends.

Securities Authorized for Issuance Under Equity

Compensation Plans

As of December 31, 2024, there are no compensation

plans under which our equity securities are authorized for issuance.

Sales of Unregistered Securities

On August 8, 2025, our board of directors unanimously

approved a dividend policy (the “Policy”), which took effective on September 8, 2025.

Under the Policy, the Company will distribute

no less than 80% of annual profits to its shareholders as dividends, payable in cash, stock or other forms approved by the board.

dividend declarations remain subject to board’s quarterly assessment of liquidity, cash flow generation, capital allocation needs

for growth, regulatory and compliance constraints, and overall financial condition.

No dividends were declared for the year ended December

Recent Sales of Unregistered Securities

Unless otherwise indicated, all share and per

share figures presented in this subsection reflect the number of shares as issued at the time of the respective transactions and have

not been adjusted to give retroactive effect to the 200-for-1 reverse stock split effected by the Company on September 16, 2025.

2023 Subscriptions

5 unchanged sentences

Act of 1933, as amended (the “Securities Act”), and Rule 506(b) promulgated thereunder.

On September 13, 2023, the Company issued to certain

investors 1,465,200 shares of common stock at a per share purchase price of $8.19.

The shares of common stock were offered and sold pursuant

to exemptions from the registration requirements of Section 4(a)(2) of the Securities Act and Regulation S promulgated thereunder.

On September 13, 2023, the Company issued to

certain investors 1,465,200 shares of common stock at a per share purchase price of $8.19.

The shares of common stock were offered and

sold pursuant to exemptions from the registration requirements of Section 4(a)(2) of the Securities Act and Regulation S promulgated

The Future Dao Transaction

4 unchanged sentences

Settlement of Professional Fees

In May 2024, the Company

issued 411,280 shares of common stock to several professionals as settlement for the outstanding professional fees in the aggregate amount

of $1,974,140 owed by the Company to these professionals.

The issuance was conducted pursuant to exemptions from the registration requirements

of Section 4(a)(2) of the Securities Act and/or Regulation S promulgated thereunder.

In May 2024, the Company issued 411,280 shares

of common stock to several professionals as settlement for the outstanding professional fees in the aggregate amount of $1,974,140 owed

by the Company to these professionals.

The issuance was conducted pursuant to exemptions from the registration requirements of Section

4(a)(2) of the Securities Act and/or Regulation S promulgated thereunder.

The Amended BTC Transaction

14 unchanged sentences

of $12.13 million toward the purchase price, and shares of the Company’s common stock issued in the Amended 5,000 BTC Transaction

were valued at $1.02 per share.As of the transaction date, the market price is $0.34 per share and total consideration for acquisition

were valued at $1.02 per share.

As of the transaction date, the market price is $0.34 per share and total consideration for acquisition

of 5,000 Bitcoin is $158.08 million.

10 unchanged sentences

stock during any month of our fiscal year ended December 31, 2025.

Nasdaq Listing Compliance

Our common stock is currently listed on the Nasdaq

Capital Market under the symbol “NXTT”.

During the fiscal year ended December 31, 2025, we received several notices from the

Staff of Nasdaq (the “Staff”) regarding our compliance with continued listing requirements:

On April 14, 2025, we were notified of non-compliance with the $1.00 minimum bid

price requirement under Nasdaq Listing Rule 5550(a)(2).

On May 28, 2025, we received written

confirmation from Nasdaq that we had regained compliance, and the matter was closed.

Meeting Requirement:

On January 7, 2025, we received notice of non-compliance with Nasdaq

Listing Rules 5620(a) and 5810(c)(2)(G) for failing to hold an annual meeting of stockholders

within 12 months of our 2023 fiscal year-end.

We regained compliance on June 24, 2025, following

our annual meeting held on June 20, 2025.

Business Determination:

On August 25, 2025, we received a Delisting Notice from the Staff

indicating that, pursuant to Nasdaq Listing Rule 5101, the Staff believed the Company no

longer had an operating business and was a “public shell”.

We timely requested

a hearing before the Nasdaq Hearings Panel (the “Panel”) on September 2, 2025,

which stayed any delisting action.

Following our submission of written materials, telephonic

discussions with the Staff and filing of Current Report on Form 8-K on September 26, 2025,

disclosing the Company’s recent business development, Nasdaq withdrew its delisting

determination on September 29, 2025, confirming the Company does have an operating business

and is not a “public shell”.

This matter is considered closed, and our common

stock remains listed on the Nasdaq Capital Market.

There can be no assurance that we will not receive

additional deficiency notices in the future or that we will be able to maintain continued compliance with all Nasdaq listing requirements.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity