Company: NXNVW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001213900-25-023287
Chunk: 3

Company: NEXTNAV INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 3
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 finance the growth and development of our business.

Securities Authorized for Issuance under Equity Compensation Plans

The information required by this item regarding our equity compensation plans is incorporated herein by reference to Item 12 of Part III of this Annual Report on Form 10-K. 

Stock Performance Graph

The following stock price performance graph should not be deemed incorporated by reference by any general statement incorporating by reference this Annual Report on Form 10-K into any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except to the extent that we specifically incorporate this information by reference, and shall not otherwise be deemed filed under such acts.

The graph below compares the cumulative total return of our common stock from October 29, 2021, the date on which our common shares commenced trading on Nasdaq, through December 31, 2024, with the comparable cumulative return of two indices, the S&P 500 Total Return and the S&P Information Technology Total Return. The performance graph and table assume an initial investment of $100 on December 31, 2024. We have not paid any cash dividends and, therefore, the cumulative total return calculation for us is based solely upon the change in share price. The share price performance shown on the graph is not necessarily indicative of future price performance.

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Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities

On November 15, 2024, we issued 620,106 shares of our common stock in
accordance with that certain Asset Purchase Agreement (as defined in Note 3 in the notes to the consolidated financial statements below), dated March 7, 2024, by
and among us and the parties thereto, as part of the consideration pursuant
thereto. Such shares were exempt from registration under
the Securities Act in compliance with Section 4(a)(2) under the Securities Act
and/or Rule 506 of Regulation D promulgated thereunder. We filed a registration
statement on Form S-3 to register these shares with the SEC on November 22,
2024, which was declared effective on November 26, 2024, in order to satisfy
the provisions of that certain Resale Registration Rights Agreement, dated March
7, 2024, pursuant to which we agreed to register the resale of such shares. 

On December 1, 2024, we issued 114,449 shares of our common stock in accordance with that certain Ind