#United States #Next Bridge #Hydrocarbons #Midland #SEC Comments

Next Bridge Hydrocarbons Successfully Resolves SEC Comments

Next Bridge Hydrocarbons, Inc. has made a significant stride in its journey towards enhanced transparency and compliance by successfully addressing comments received from the Securities and Exchange Commission (SEC) regarding its amended Annual Report. This achievement sets the tone for future financial filings and reflects the company’s commitment to its stakeholders.

On October 1, 2025, Next Bridge announced the SEC’s confirmation of the completion of its review of the updated Annual Report on Form 10-K/A for the fiscal year ending December 31, 2023. The amended report was submitted to the SEC on September 16, 2025, marking a critical step in the company's regulatory adherence. The resolution has been particularly crucial in light of Next Bridge’s ongoing activities, including its interests in drilling and energy production across Texas, Louisiana, and Oklahoma.

Upcoming Financial Filings

Next Bridge is set to follow up the completion of this review by filing amended Quarterly Reports on Form 10-Q/A for the initial three quarters of 2024, alongside the Annual Report for the year ending December 31, 2024. The company indicates that these filings will be submitted shortly. Additionally, they plan to file the Quarterly Reports on Form 10-Q for both the first and second quarters of 2025. The delays in these filings have primarily stemmed from the extensive restatement processes necessitated by the SEC's comments.

Leadership Statements

Greg McCabe, the Chairman and CEO of Next Bridge, expressed optimism regarding the completion of the SEC review, stating, "The resolution of these open comments from the SEC regarding our 2023 annual report is the first in a difficult – but necessary – series of steps. I look forward to resolving this issue once and for all and I remain optimistic about the path ahead." McCabe’s statement reflects the company’s strategic mindset moving forward, especially as they prepare for their participation in the Louisiana Panther drilling project and other operational activities.

About Next Bridge Hydrocarbons, Inc.

Next Bridge Hydrocarbons is an independent energy company engaged in the exploration, acquisition, and development of oil and natural gas properties within the United States. With minor well interests in Texas's Midland Basin and various exploration prospect leaseholds in the Gulf Coast region of Louisiana, the company upholds a significant presence in the energy market.

As a company dedicated to its operational transparency, Next Bridge Hydrocarbons has invited its shareholders to stay abreast of company news through direct email updates. Interested parties can sign up through the company’s investor relations page. Furthermore, Next Bridge actively engages with its audience through social media platforms, enhancing communication and community connection.

Forward-Looking Statements

It is essential for stakeholders to note that this announcement may include forward-looking statements as identified by the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations but are subject to various risks and uncertainties, which could cause actual results to differ materially from expectations. For more detailed information regarding these risks and uncertainties, stakeholders are encouraged to review filings available on the SEC's website or the company’s site.

For more updates on the company, visit Next Bridge Hydrocarbons. This move towards addressing SEC comments not only reflects the company’s commitment to regulatory compliance but also paves the way for future operational advancements and financial stability.