NextDecade Corp. Enters Material Definitive Agreement
Ticker: NEXT · Form: 8-K · Filed: 2025-09-10T00:00:00.000Z
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, natural-gas
TL;DR
NextDecade just signed a big deal, could mean new debt or revenue.
AI Summary
NextDecade Corporation entered into a material definitive agreement on September 9, 2025, related to a direct financial obligation. The company, previously known as Harmony Merger Corp., is involved in natural gas transmission and distribution.
Why It Matters
This filing indicates a significant new financial commitment or obligation for NextDecade, which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Players & Entities
- NextDecade Corporation (company) — Registrant
- Harmony Merger Corp. (company) — Former Company Name
- September 9, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did NextDecade Corporation enter into?
The filing states NextDecade Corporation entered into a material definitive agreement on September 9, 2025, which also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is NextDecade Corporation's primary business sector?
NextDecade Corporation is in the NATURAL GAS TRANSMISSION & DISTRIBUTION sector, with SIC code 4923.
When was NextDecade Corporation previously known by another name?
NextDecade Corporation was formerly known as Harmony Merger Corp., with a date of name change on July 26, 2017.
What is the SEC file number for NextDecade Corporation?
The SEC file number for NextDecade Corporation is 001-36842.
What is the business address of NextDecade Corporation?
The business address of NextDecade Corporation is 1000 Louisiana Street, Suite 3300, Houston, TX 77002.
From the Filing
0001628280-25-041869.txt : 20250910 0001628280-25-041869.hdr.sgml : 20250910 20250910164852 ACCESSION NUMBER: 0001628280-25-041869 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250909 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250910 DATE AS OF CHANGE: 20250910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NextDecade Corp CENTRAL INDEX KEY: 0001612720 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation EIN: 465723951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36842 FILM NUMBER: 251306398 BUSINESS ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3300 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7135741880 MAIL ADDRESS: STREET 1: 1000 LOUISIANA STREET STREET 2: SUITE 3300 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: NextDecade Corp. DATE OF NAME CHANGE: 20170726 FORMER COMPANY: FORMER CONFORMED NAME: Harmony Merger Corp. DATE OF NAME CHANGE: 20140703 8-K 1 next-20250909.htm 8-K next-20250909 FALSE 0001612720 0001612720 2024-06-03 2024-06-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 9, 2025 NEXTDECADE CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 001-36842 46-5723951 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 1000 Louisiana Street , Suite 3300 Houston , Texas 77002 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: ( 713 ) 574-1880 (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class: Trading Symbol Name of each exchange on which registered: Common Stock, $0.0001 par value NEXT The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 1.01. Entry into a Material Definitive Agreement. RG4 Financing Documents On September 9, 2025 (the “FID Date”), Rio Grande LNG Train 4, LLC, a Delaware limited liability company (“RG4”) and an indirect subsidiary of NextDecade Corporation (“NextDecade” or the “Company”), entered into the T4 Common Terms Agreement, the T4 Equity Contribution Agreement, the T4 Collateral and Intercreditor Agreement and the T4 Credit A