Company: NXNVW
Filing Date: 2025-09-25
Form Type: S-3
Source: 0001554855-25-001790
Chunk: 2

Company: NEXTNAV INC.
Filing Date: 2025-09-25
Form: S-3
Chunk 2
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, par value $0.0001 per share (“Common Stock”). The Registered Shares were issued to the Selling Stockholder (defined below) in connection with the closing on September 19, 2025 (the “Closing Date”) of the transactions contemplated by that certain Asset Purchase Agreement, dated March 7, 2024, by and among the Company, Telesaurus Holdings GB LLC, a Delaware limited liability company (“Telesaurus”), Skybridge Spectrum Foundation, a Delaware non-profit corporation (“Skybridge”) , and Progeny LMS, LLC, an Indiana limited liability company and wholly owned subsidiary of the Company (“Progeny”) (the “Asset Purchase Agreement”), as the closing consideration to Telesaurus as contemplated by the Asset Purchase Agreement. Northlake Crystal, LLC, a Georgia limited liability company (“Northlake” or the “Selling Stockholder”), is a Permitted Transferee (as defined in the Registration Rights Agreement, as defined below) of Telesaurus. We are registering the offer and resale of the Registered Shares to satisfy the provisions of that certain Resale Registration Rights Agreement, dated as of March 7, 2024 (the “Registration Rights Agreement”), pursuant to which we agreed to register the resale of the Registered Shares. This prospectus provides you with a general description of the Registered Shares and the general manner in which the Selling Stockholder may offer or sell the Registered Shares. More specific terms of any Registered Shares that the Selling Stockholder may offer or sell may be provided in a prospectus supplement that describes, among other things, the specific amounts and prices of the Registered Shares being offered and the terms of the offering. The prospectus supplement may also add, update, or change information contained in this prospectus. Our registration of the Registered Shares covered by this prospectus does not mean that the Selling Stockholder will offer or sell any of the Registered Shares. The Selling Stockholder may offer and sell the Registered Shares covered by this prospectus in a number of different ways and at varying prices. We provide more information in the section entitled “ Plan of Distribution .” We are not selling any shares of our Common Stock under this prospectus, and we will not receive any proceeds from the sale of the Registered Shares by the Selling Stockholder pursuant to this prospectus. We have agreed to pay the legal, accounting, printing and other expenses related to the registration of the sale of the Registered Shares pursuant to this prospectus. Our Common Stock is listed on The Nasdaq Capital Market (“Nasdaq