Company: NXNVW
Filing Date: 2025-09-25
Form Type: S-3
Source: 0001554855-25-001790
Chunk: 26

Company: NEXTNAV INC.
Filing Date: 2025-09-25
Form: S-3
Chunk 26
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 or to whom they sell as principal, or both. The compensation to a particular broker-dealer may be in excess of customary commissions. To our knowledge, there is currently no plan, arrangement or understanding between any Selling Stockholder and any broker-dealer or agent regarding the sale of any Registered Shares by the Selling Stockholder. The Selling Stockholder, any broker-dealers or agents and any participating broker-dealers that act in connection with the sale of the Registered Shares covered by this prospectus may be “underwriters” under the Securities Act with respect to those Registered Shares and will be subject to the prospectus delivery requirements of that Act. Any profit that the Selling Stockholder realize, and any compensation that any broker-dealer or agent may receive in connection with any sale, including any profit realized on resale of Registered Shares acquired as principal, may constitute underwriting discounts and commissions. If the Selling Stockholder are deemed to be underwriters, the Selling Stockholder may be subject to certain liabilities under statutes including, but not limited to, Section 11, 12 and 17 of the Securities Act and Section 10(b) and Rule 10b-5 under the Exchange Act. The securities laws of some states may require the Selling Stockholder to sell the Registered Shares in those states only through registered or licensed brokers or dealers. These laws may also require that we register or qualify the Registered Shares for sale in those states unless an exemption from registration and qualification is available and the Selling Stockholder and we comply with that exemption. In addition, the anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of Registered Shares in the market and to the activities of the Selling Stockholder and its affiliates. Regulation M may restrict the ability of any person engaged in the distribution of the Registered Shares to engage in market-making activities with respect to the Registered Shares. All of the foregoing may affect the marketability of the Registered Shares and the ability of any person to engage in market-making activities with respect to the Registered Shares.

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If any Selling Stockholder notifies us that he has entered into any material arrangement with a broker-dealer for the sale of Registered Shares through a block trade, special offering, exchange distribution, over-the-counter distribution or secondary distribution, or a purchase by a broker or dealer, we will file any necessary supplement to this prospectus to disclose: the number of Registered Shares involved in the arrangement; the terms of the arrangement, including the names of any underwriters, dealers or agents who purchase Registered Shares, as required