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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 
FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 2, 2024

 

Next Bridge Hydrocarbons, Inc.
(Exact name of registrant as specified in its charter)

 

Nevada
(State or other jurisdiction
of incorporation)

 

333-266143 87-2538731
(Commission
File Number)
(IRS Employer
Identification No.)
   

500 West Texas Ave., Suite 890

Midland, Texas

79701
(Address of principal executive offices) (Zip Code)
   

(432) 684-0018
Registrant’s telephone number, including area code

 

Not applicable
(Former name or former address, if changed since last report)

 

 

Securities registered pursuant to Section 12(b) of the Act: None

 

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 (see General Instruction A.2. below):

 

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  o 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:

 

Title of each class

N/A

 

Trading Symbol(s)

N/A

 

Name of each exchange on which registered.

N/A

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 x

 

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. o

 

 

Item 8.01 Other Events.

 

On October 2, 2024, University Lands communicated its decision to Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “us” and “we”) to not extend Next Bridge’s subsidiary’s Development Unit Agreement for the Orogrande asset, which expires on December 31, 2024. University Lands has also sought to terminate the Development Unit Agreement effective immediately, which we have not agreed to do. A copy of a press release announcing this is attached to this current report as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit   Description
     
99.1   Press Release, dated October 8, 2024.
104   Cover Page Interactive Data File (embedded within Inline XBRL document).

 

 

 

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.

 

  NEXT BRIDGE HYDROCARBONS, INC.
   
Date: October 8, 2024 By:  /s/ Gregory McCabe
    Name:  Gregory McCabe
    Title: Chairman and Chief Executive Officer