{"url_path":"/sec/nxtc/8-k/2026-07-14/item-2-05","section_key":"item-2-05","section_title":"Item 2.05 ****Costs Associated with Exit or Disposal Activities**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1661059/0001104659-26-083326-index.html","accession_number":"0001104659-26-083326","cik":"0001661059","ticker":"NXTC","issuer_name":"NextCure, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1661059/0001104659-26-083326-index.html","primary_entity_key":"0001661059","primary_entity_name":"NextCure, Inc."},"word_count":207,"has_tables":true,"body_markdown":"**Item 2.05****Costs Associated with Exit or Disposal Activities**\n\n \n\nThe Board of Directors of\nNextCure approved a restructuring and workforce reduction plan (the “Plan”) intended to better align NextCure’s\nworkforce and operations with the anticipated needs of its business pending the closing of the Merger. The Plan is expected to begin in\nJuly 2026 and result in a reduction in force affecting a substantial majority of NextCure’s workforce during the quarter ending\nSeptember 30, 2026, in conjunction with the planned transition under the terms of the Merger Agreement.\n\n \n\nIn connection with the implementation\nof the Plan, NextCure expects to incur one-time charges and cash expenditures of approximately $1.9 million during the quarter ending\nSeptember 30, 2026, primarily related to employee wages and severance payments, healthcare continuation and related termination costs.\nNextCure expects to incur these charges primarily during the third quarter of 2026 and payment of these charges is expected to be completed\nby the fourth quarter of 2026.\n\n \n\nThe actual timing and amount\nof these charges may differ from NextCure’s current estimates due to a variety of factors, including the finalization of severance\nterms, jurisdiction-specific legal requirements, and the pace of transition activities. NextCure may also incur additional non-material\ncharges in future periods related to the Plan."}