Form 4: EzFill Holdings Inc: Michael Farkas Reports Share Transfer Following NextNRG Acquisition

Michael Farkas, CEO and Chairman of NextNRG Holding Corp., reports the transfer of 106,836 EzFill Holdings Inc. shares to Stat-El Inc. shareholders following NextNRG's acquisition of Stat-El Inc.

Summary

• On May 29, 2024, Michael Farkas reported a transaction involving EzFill Holdings Inc. shares.
• The transaction involved the transfer of 106,836 shares at a price of $2.33 per share.
• These shares were transferred to the shareholders of Stat-El Inc. in connection with NextNRG Holding Corp.'s acquisition of SEI.
• Following the transaction, Farkas indirectly owns 1,234,731 shares.
• Michael Farkas is the CEO and Chairman of NextNRG Holding Corp., which beneficially owns 343,886 shares of EzFill common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share transfer following an acquisition. It doesn't inherently convey positive or negative sentiment.

Industry Context

This announcement reflects corporate restructuring activity, specifically an acquisition by NextNRG Holding Corp. and the subsequent transfer of shares. Such transactions are common in the business world as companies grow and consolidate.

Stakeholder Impact

• Shareholders of Stat-El Inc. received shares of EzFill Holdings Inc. as part of the acquisition.

Key Dates

Keywords

EzFill Holdings Inc, Michael Farkas, NextNRG Holding Corp, Stat-El Inc, Share Transfer, Beneficial Ownership, Form 4, Acquisition