{"url_path":"/sec/nxt/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTER AND ISSUER PURCHASES OF EQUITY SECURITIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-05-19","source_url":"https://www.sec.gov/Archives/edgar/data/1852131/0001852131-26-000017-index.html","accession_number":"0001852131-26-000017","cik":"0001852131","ticker":"NXT","issuer_name":"Nextpower Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1852131/0001852131-26-000017-index.html","primary_entity_key":"0001852131","primary_entity_name":"Nextpower Inc."},"word_count":560,"has_tables":true,"body_markdown":"ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTER AND ISSUER PURCHASES OF EQUITY SECURITIES\n\nMarket Information for Common Stock\n\nOur Class A common stock has been listed and traded on the Nasdaq Global Select Market under the symbol “NXT” since February 8, 2023. Prior to that date, there was no public market for our Class A common stock. There is no public market for our Class B common stock.\n\nHolders of Record\n\nAs of May 11, 2026, we had 2,453 holders of record of our Class A common stock and no holders of record of our Class B common stock. The actual number of stockholders is greater than this number of record holders and includes stockholders who are beneficial owners but whose shares are held in street name by brokers and other nominees.\n\nDividend Policy\n\nWe have never declared or paid any cash dividends on our capital stock. We currently intend to retain all available funds and any future earnings for use in the operation of our business and do not expect to pay any dividends on our capital stock in the foreseeable future. Additionally, our ability to pay dividends is limited by restrictions on our ability to pay dividends or make distributions under the terms of the agreement governing our credit facilities. Any future determination to declare dividends will be made at the discretion of our board of directors, subject to applicable laws, and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions, general business conditions, and other factors that our board of directors may deem relevant at such time.\n\nSecurities Authorized for Issuance Under Equity Compensation Plans\n\nThe information required by this item with respect to our equity compensation plans is incorporated by reference to the definitive Proxy Statement to be delivered to shareholders in connection with the Nextpower Inc.’s 2026 Annual Shareholders Meeting and filed with the SEC within 120 days of the fiscal year ended March 31, 2026.\n\nRecent Sales of Unregistered Securities\n\nThere were no sales of unregistered equity securities during the fiscal year ended March 31, 2026.\n\nIssuer Purchases of Equity Securities\n\nThe following table provides information relating to our repurchase of Class A common stock, excluding excise tax, for the period from January 1, 2026 through March 31, 2026 (in thousands, except share and per share amounts):\n\nPeriodTotal Number\nof Shares\nPurchased (1)Average Price\nPaid per ShareTotal Number of Shares\nPurchased as Part of\nPublicly Announced ProgramApproximate Dollar Value\nof Shares that May Yet\nBe Purchased Under the Program (2)\n\nJanuary 1 - February 1, 2026— $— — $500,000 \n\nFebruary 2 - March 1, 2026— $— — $500,000 \n\nMarch 2 - March 31, 20263,960 $99.77 3,960 $499,605 \n\n3,960 3,960 \n\n(1)During the period from January 1, 2026 through March 31, 2026, all purchases were made pursuant to the program discussed below in open market transactions. All purchases were made in accordance with Rule 10b-18 under the Securities Exchange Act of 1934.\n\n47\n\n(2)On January 27, 2026, we announced that our Board of Directors authorized the share repurchase program which allows for the repurchase of up to $500.0 million of our outstanding shares of Class A common stock over a term of three years. For additional information, see Note 7 in our consolidated financial statements included elsewhere in this Annual Report on Form 10-K."}