EzFill Holdings Inc. Files S-1/A Amendment
Ticker: NXXT · Form: S-1/A · Filed: Oct 9, 2024 · CIK: 1817004
Sentiment: neutral
Topics: sec-filing, amendment, financial-reporting
TL;DR
EzFill Holdings filed an S-1/A update on 10/9/24, showing financial data for mid-2024 and year-end 2023/2022.
AI Summary
EzFill Holdings Inc. filed an S-1/A amendment on October 9, 2024, detailing its financial status. The company's fiscal year ends on December 31st, and its business operations are based in Miami, Florida. Key financial periods reported include June 30, 2024, December 31, 2023, and December 31, 2022, with specific attention to related and non-related party transactions.
Why It Matters
This filing provides updated information for investors and the public regarding EzFill Holdings Inc.'s financial health and corporate structure, crucial for understanding potential investment opportunities or risks.
Risk Assessment
Risk Level: medium — The filing is an amendment to a registration statement, indicating ongoing regulatory processes and potential changes in the company's financial or operational status.
Key Numbers
- 12/31 — Fiscal Year End (Indicates the end of the company's annual financial reporting period.)
- 2024-06-30 — Reporting Date (Specific date for which financial data is provided in the filing.)
- 2023-12-31 — Reporting Date (Specific date for which financial data is provided in the filing.)
- 2022-12-31 — Reporting Date (Specific date for which financial data is provided in the filing.)
Key Players & Entities
- EzFill Holdings Inc. (company) — Filer of the S-1/A amendment
- 0001817004 (company) — Central Index Key for EzFill Holdings Inc.
- 333-275761 (company) — SEC File Number for EzFill Holdings Inc.
- Miami, FL (location) — Business and mailing address of EzFill Holdings Inc.
- NextNRGHoldingCorpMember (company) — Related entity mentioned in financial disclosures
- SeriesXPreferredStockMember (company) — Type of stock mentioned in financial disclosures
FAQ
What is the primary purpose of this S-1/A filing for EzFill Holdings Inc.?
This S-1/A filing is an amendment to a registration statement, likely to update or provide additional information regarding the company's securities or financial status.
When was this amendment filed with the SEC?
The amendment was filed on October 9, 2024.
Where is EzFill Holdings Inc. located?
EzFill Holdings Inc. is located at 67 NW 183RD ST, Miami, FL 33169.
What are the key financial reporting dates mentioned in the filing?
The filing references financial data as of June 30, 2024, December 31, 2023, and December 31, 2022.
Are there any related party transactions disclosed in this filing?
Yes, the filing includes data related to 'us-gaap:RelatedPartyMember' and 'us-gaap:NonrelatedPartyMember' for various reporting periods, indicating disclosures about transactions with related parties.
Filing Stats: 4,574 words · 18 min read · ~15 pages · Grade level 15.5 · Accepted 2024-10-09 06:19:30
Key Financial Figures
- $3.008 — have assumed a public offering price of $3.008 per share, based on the last reported s
- $2,500,000 — pany's stockholders' equity be at least $2,500,000 (the "Equity Rule"). On August 30, 2024
- $500 B — ducts to enable this convenience in the $500 B (according to market estimates) market
- $100 m — ther reaching annual revenues exceeding $100 million, the Company completing projects
- $100 m — ects with deployment costs greater than $100 million, or the Company completing a capi
- $25 million — completing a capital raise greater than $25 million. The Second Amendment Agreement also
- $5.5 million — ng technologies for a purchase price of $5.5 million in cash. The licenses purchased from SE
- $75,000 — wide, and require milestone payments of $75,000 upon the achievement of $2.0 million in
- $2.0 million — ents of $75,000 upon the achievement of $2.0 million in net revenues and an annual royalty p
- $50,000 — venues and an annual royalty payment of $50,000 in 2024, $60,000 in 2025 and $75,000 fo
- $60,000 — ual royalty payment of $50,000 in 2024, $60,000 in 2025 and $75,000 for each year there
- $40,000 — the case of microgrid technologies) and $40,000 in 2024, $50,000 in 2025 and $60,000 fo
- $350,000 — o the receipt of change of control fee ($350,000 in the case of microgrid technologies a
- $300,000 — the case of microgrid technologies and $300,000 in the case of the wireless charging te
- $165,000 — ote (the "June 24 Note") for the sum of $165,000 to be used for the Company's working ca
Filing Documents
- forms-1a.htm (S-1/A) — 8090KB
- ex5-1.htm (EX-5.1) — 26KB
- ex23-2.htm (EX-23.2) — 4KB
- ex23-3.htm (EX-23.3) — 4KB
- ex5-1_001.jpg (GRAPHIC) — 29KB
- ex23-2_001.jpg (GRAPHIC) — 11KB
- forms-1a_001.jpg (GRAPHIC) — 6KB
- forms-1a_002.jpg (GRAPHIC) — 12KB
- forms-1a_003.jpg (GRAPHIC) — 33KB
- forms-1a_004.jpg (GRAPHIC) — 36KB
- forms-1a_005.jpg (GRAPHIC) — 31KB
- forms-1a_006.jpg (GRAPHIC) — 19KB
- forms-1a_007.jpg (GRAPHIC) — 7KB
- forms-1a_008.jpg (GRAPHIC) — 8KB
- forms-1a_009.jpg (GRAPHIC) — 15KB
- forms-1a_010.jpg (GRAPHIC) — 20KB
- forms-1a_011.jpg (GRAPHIC) — 23KB
- form10-k_001.jpg (GRAPHIC) — 7KB
- nextaudit_001.jpg (GRAPHIC) — 6KB
- 0001493152-24-040504.txt ( ) — 34694KB
- ezfl-20240630.xsd (EX-101.SCH) — 110KB
- ezfl-20240630_cal.xml (EX-101.CAL) — 107KB
- ezfl-20240630_def.xml (EX-101.DEF) — 876KB
- ezfl-20240630_lab.xml (EX-101.LAB) — 809KB
- ezfl-20240630_pre.xml (EX-101.PRE) — 887KB
- forms-1a_htm.xml (XML) — 9066KB
DILUTION
DILUTION 16 CAPITALIZATION 17 MANAGEMENT ' S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 18
BUSINESS
BUSINESS 25 MANAGEMENT 39
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 43 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 53
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 63
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 64
UNDERWRITING
UNDERWRITING 67 LEGAL MATTERS 75 EXPERTS 75 WHERE YOU CAN FIND MORE INFORMATION 75 i We use our registered trademark, EzFill, in this prospectus. This prospectus also includes trademarks, trade names and service marks that are the property of other organizations. Solely for convenience, trademarks and tradenames referred to in this prospectus appear without the and symbols, but those references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or that the applicable owner will not assert its rights, to these trademarks and tradenames. You should rely only on the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with any information other than that contained in this prospectus. We are offering to sell, and seeking offers to buy, the securities covered hereby only in jurisdictions where offers and sales are permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front cover of those documents. Our business, financial condition, results of operations and prospects may have changed since those dates. We are not, and the underwriter is not, making an offer of these securities in any jurisdiction where the offer is not permitted. For investors outside the United States: We have not, and the underwriters have not, taken any action that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United relating to, the offering of the securities covered hereby the distribution of this prospectus outside the United States. We further note that the representations, warranties and covenants made by us