Nextnav Inc 8-K/A, filed Sep 26, 2025
Nextnav Inc. (NN)
About this 8-K/A
Nextnav Inc filed this 8-K/A on September 26, 2025, reporting on events of September 19, 2025.
Items reported
- Item 2.01: Completed an acquisition or sale of assets
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
Amendment No.1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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:
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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:
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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
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.
EXPLANATORY NOTE
Item 2.01. Completion of Acquisition or Disposition of Assets.
As disclosed in the Current Report on Form 8-K of NextNav Inc. (the “Company”) filed on September 25, 2025, the transaction contemplated by the Asset Purchase Agreement, dated March 7, 2024, among the Company, its wholly owned subsidiary, Progeny LMS, LLC (“Progeny”), Telesaurus Holdings GB LLC (“Telesaurus”), and Skybridge Spectrum Foundation (“Skybridge”), closed on September 19, 2025 (the “Closing”).
In connection with the Closing, on September 19, 2025, Telesaurus, Skybridge, Progeny, the Company, and Northlake Crystal, LLC, a permitted transferee of Telesaurus (“Northlake Crystal”), entered into an agreement pursuant to which, among other things, Northlake Crystal is subject to volume restrictions on the resale of shares of the Company’s common stock during any single trading day for a period of 12 months following the date of the Closing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NEXTNAV INC. |
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Date: |
September 26, 2025 |
By: |
/s/ James Black |
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Name: James Black |