#United States #Midland #Public Offering #Next Bridge Hydrocarbons #S-1 Registration

Next Bridge Hydrocarbons Moves Forward with Public Offering

Next Bridge Hydrocarbons, Inc., a key player in the oil and natural gas exploration and production sector, made a significant announcement on May 28, 2026. The company reported that the U.S. Securities and Exchange Commission (SEC) has declared its S-1 registration statement effective, paving the way for a noteworthy public offering. This strategic move allows Next Bridge to sell up to 40 million shares of its common stock at an anticipated price of $15.00 per share, before accounting for any fees applicable to the placement agents involved in the offering.

Based in Midland, Texas, Next Bridge has established itself with interests that span Texas, Louisiana, and Oklahoma. The company's growth trajectory aims to capitalize on the evolving landscape of the energy sector, where the demand for oil and natural gas continues to be robust. The public offering will be managed by Roth Capital Partners, who will serve as placement agents. However, market conditions could influence the details surrounding the offering, making it uncertain as to when the offering will formally close or the exact terms that will be established.

Following the execution of the offering, Next Bridge plans to utilize the net proceeds for multiple purposes which include:
1. Debt Repayment: Addressing and clearing certain outstanding debts.
2. Share Repurchase: Facilitating the buyback of outstanding shares of Series A Preferred Stock.
3. Operating Capital: Funding routine operational expenses and working capital essentials.

The proceeds from this offering signify a crucial step for Next Bridge in enhancing its financial standing and operational capabilities. Investors and stakeholders are encouraged to keep an eye on the developments related to this offering, as it may have a substantial impact on the company’s future operations and growth potential.

The offering is being conducted under SEC regulations and will derive from the registration statement designated as Form S-1 (File No. 333-269366). All documents pertaining to this offering, including the final prospectus, can be accessed from the SEC’s official website, which provides transparency and accessibility for potential investors. Roth Capital Partners has also made provisions for electronic copies of said prospectus, which can be obtained via phone.

It is essential to note that this announcement is not an offer to sell or solicit any offers to purchase shares of common stock or any other securities. In states or jurisdictions where such sales would be illegal prior to proper registration or qualification under local laws, these sales will not be permitted.

About Next Bridge Hydrocarbons

Next Bridge Hydrocarbons, Inc. prides itself on being an independent public reporting energy company focused on acquiring, exploring, and developing oil and natural gas resources within the United States. Specifically, the company's asset portfolio includes interests in the eastern Midland Basin of Texas, select wells in Oklahoma, and exploratory leaseholds along the southern Gulf Coast of Louisiana.

Despite being publicly reporting, it’s noteworthy that Next Bridge's stock is not currently traded on any public exchange. To keep its investors informed, Next Bridge intends to regularly update them regarding operational and financial developments. Interested parties can subscribe to receive notifications directly through the company’s investor relations portal.

The firm also acknowledges the presence of forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements convey management's expectations but are inherently subject to various uncertainties and risks that could result in actual outcomes differing significantly from those anticipated.

For media inquiries or additional details, Roth Capital Partners can be reached at their corporate contact number, or investors can visit Next Bridge's website for more information. As the company forges ahead with its public offering and strategies for growth, stakeholders and observers alike remain watchful of the potential impacts on its trajectory in the coming years.