Company: NXNVW
Filing Date: 2025-09-25
Form Type: S-3
Source: 0001554855-25-001790
Chunk: 22

Company: NEXTNAV INC.
Filing Date: 2025-09-25
Form: S-3
Chunk 22
---
culpation will not apply to any director if the director has acted in bad faith, knowingly or intentionally violated the law, authorized illegal dividends or redemptions or derived an improper benefit from his or her actions as a director. Our bylaws provide that we must indemnify and advance expenses to our directors and officers to the fullest extent authorized by the DGCL and our charter and we have entered into indemnification agreements with each of our officers and directors, which require us to indemnify our directors and officers for expenses (including, without limitation, attorneys’ fees, judgments, fines, ERISA excise taxes and penalties and amounts paid in settlement) in any action or proceeding arising out of their services as one of our directors or officers or as a director or officer of any other company or enterprise to which the person provides services at our request. We also are expressly authorized to carry directors’ and officers’ liability insurance providing indemnification for our directors, officers and certain employees for some liabilities. We believe that these indemnification and advancement provisions and insurance will be useful to attract and retain qualified directors and officers. The limitation of liability, indemnification and advancement provisions included in our charter and bylaws and the indemnification agreements may discourage stockholders from bringing a lawsuit against directors for breaches of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against directors and officers, even though such an action, if successful, might otherwise benefit us and our stockholders. In addition, your investment may be adversely affected to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these indemnification provisions. There is currently no pending material litigation or proceeding involving any of our directors, officers or employees for which indemnification is sought. Transfer Agent and Registrar The transfer agent and registrar for our Common Stock is Continental Stock Transfer & Trust Company. The transfer agent’s address is 1 State Street, 30th Floor, New York, New York 10004. Listing Our Common Stock is listed on Nasdaq under the trading symbol “NN . ”

| 14 |

PLAN OF DISTRIBUTION We are registering the Registered Shares covered by this prospectus on behalf of the Selling Stockholder . All costs, expenses and fees connected with the registration of the Registered Shares will be borne by us. Any brokerage commissions and similar expenses connected with selling the Registered Shares will be borne by the Selling Stockholder . The Selling Stockholder may offer and sell the Registered Shares covered by this prospectus from time to time in one or more transactions