# EDGAR Filing Document

**Accession Number:** 0001936756
**File Stem:** 0001199835-26-000018
**Filing Date:** 2026-1
**Character Count:** 20862
**Document Hash:** bfb08d85c459a4c164d26178bfb38243
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001199835-26-000018.hdr.sgml**: 20260116

**ACCESSION NUMBER**: 0001199835-26-000018

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260114

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260116

**DATE AS OF CHANGE**: 20260116

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Next Bridge Hydrocarbons, Inc.
- **CENTRAL INDEX KEY:** 0001936756
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 872538731
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56648
- **FILM NUMBER:** 26538564

**BUSINESS ADDRESS:**
- **STREET 1:** 500 W. TEXAS AVE.
- **STREET 2:** SUITE 890
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79701
- **BUSINESS PHONE:** 817-438-1937

**MAIL ADDRESS:**
- **STREET 1:** 500 W. TEXAS AVE.
- **STREET 2:** SUITE 890
- **CITY:** MIDLAND
- **STATE:** TX
- **ZIP:** 79701

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OilCo Holdings, Inc.
- **DATE OF NAME CHANGE:** 20220706

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION** **Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **January 14, 2026**

**Next Bridge Hydrocarbons, Inc.** (Exact name of registrant as specified in its charter)

**Nevada** (State or other jurisdiction

of incorporation)

---

| | |
|:---|:---|
| **333-266143** | **87-2538731** |
| (Commission<br> File Number) | (IRS Employer<br> Identification No.) |
| **500 W. Texas Ave., Suite 890**<br> **Midland, TX**  | **79701** |
| (Address of principal executive offices) | (Zip Code) |

---

**(432) 684-0018** Registrant's telephone number, including area code

**Not applicable** (Former name or former address, if changed since last report)

Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **N/A** | **N/A** | **N/A** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

**Item 1.01 Entry into a Material Definitive Agreement.**

Next Bridge Hydrocarbons, Inc., a Nevada corporation (the "Company"), previously entered into a 5% Unsecured Promissory Note (as amended from time to time, the "Note") with Gregory McCabe, the Chairman and Chief Executive Officer of the Company and the Company's largest stockholder ("Mr. McCabe") for the aggregate principal amount of up to $20,000,000. On January 7, 2026, the Company and Mr. McCabe entered into the Tenth Amendment to 5% Unsecured Promissory Note (the "Amendment") to increase the principal amount available for disbursement to the Company from $20,000,000 to up to $25,000,000. The Amendment was authorized and approved by the Audit Committee of the Company's Board of Directors. All other provisions of the Note remain in full force and effect.

A copy of the Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference, and the foregoing description of the Amendment is qualified in its entirety by reference thereto

**Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.**

The information relating to the Note and the Amendment contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.

**Item 9.01. Financial Statements and Exhibits.**

*(d) Exhibits.*

---

| | |
|:---|:---|
|  | Description |
| [10.1](nbh-ex10_1.htm) | [Tenth Amendment to Unsecured Promissory Note, between Next Bridge Hydrocarbons, Inc., as debtor, and Gregory McCabe as holder, dated January 14, 2026](nbh-ex10_1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  | NEXT BRIDGE HYDROCARBONS, INC. | NEXT BRIDGE HYDROCARBONS, INC. | NEXT BRIDGE HYDROCARBONS, INC. |
| Date: January 15, 2026 | By: | /s/ Gregory McCabe | /s/ Gregory McCabe |
|  |  | Name: | Gregory McCabe |
|  |  | Title: | Chairman and Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**TENTH AMENDMENT TO 5% UNSecured Promissory Note**

This TENTH AMENDMENT TO 5% UNSecured Promissory Note (this "***Agreement***") is entered into effective as of January 14, 2026 (the "***Amendment Effective Date***"), among NEXT BRIDGE HYDROCARBONS, INC. (f/k/a Oilco Holdings, Inc.), a Nevada corporation (the "***Borrower***"), and Gregory McCabe, an individual with an address at 500 West Texas Ave., Suite 890, Midland, Texas 79701 (the "***Lender***"). Unless otherwise expressly defined herein, capitalized terms used but not defined in this Agreement shall have the meanings specified in the Note (as defined below).

**RECITALS**

**WHEREAS**, the Borrower issued that certain 5% Unsecured Promissory Note, dated December 21, 2022, to Lender (as amended by the First Amendment (as defined below) and the Second Amendment (defined below) and as may be further amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "***Note***");

**WHEREAS**, the Borrower and the Lender previously entered into that certain First Amendment to 5% Unsecured Promissory Note, effective as of June 16, 2023 (the "***First Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Second Amendment to 5% Unsecured Promissory Note, effective as of October 1, 2023 (the "***Second Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Third Amendment to 5% Unsecured Promissory Note, effective as of December 31, 2023 (the "***Third Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Fourth Amendment to 5% Unsecured Promissory Note, effective as of March 31, 2024 (the "***Fourth Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Fifth Amendment to 5% Unsecured Promissory Note, effective as of June 30, 2024 (the "***Fifth Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Sixth Amendment to 5% Unsecured Promissory Note, effective as of September 30, 2024 (the "***Sixth Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Seventh Amendment to 5% Unsecured Promissory Note, effective as of December 31, 2024 (the "***Seventh Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Eighth Amendment to 5% Unsecured Promissory Note, effective as of March 31, 2025 (the "***Eighth Amendment***") to extend the Maturity Date;

**WHEREAS**, the Borrower and the Lender previously entered into that certain Ninth Amendment to 5% Unsecured Promissory Note, effective as of June 30, 2025 (the "***Nineth Amendment***") to automatically extend the Maturity Date on a quarterly basis to the extent any amounts remain outstanding; and

Tenth Amendment to 5% Secured Promissory Note– Page 1

**WHEREAS**, the Lender previously disbursed an Advance under the Note in excess of the aggregate principal amount available under the Note and the Borrower and Lender hereby desire to ratify the new amount under the Loan in accordance with the terms set forth herein.

**NOW, THEREFORE**, for and in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed, the Borrower and Lender hereby agree as follows:

**SECTION 1. Amendment to the Note**. Subject to the satisfaction of each condition precedent set forth in <u>Section 2</u>, and in reliance on the representations, warranties, covenants and agreements contained in this Agreement, the Note shall be amended effective as of the Amendment Effective Date as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.1** Section 1 of the Note is hereby amended by amending and restating the definition of "Loan" as follows:

"***Loan***" means the aggregate of all Advances (if any) made to the Company under the terms of this Note in an aggregate principal amount not to exceed $25,000,000.00 at any time

**Section 2.** **Conditions Precedent**. The amendments contained in <u>Section 1</u> shall only be effective upon the satisfaction of each of the conditions set forth in this <u>Section 2</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.1 Execution and Delivery**. The Borrower and Lender shall have duly executed and delivered this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.2 No Event of Default**. After giving effect to this Agreement, no Event of Default shall exist under the Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.3 Representations and Warranties**. After giving effect to this Agreement, the representations and warranties of the Borrower contained in this Agreement and the Note (as amended hereby) shall be true and correct in all material respects (except to the extent any such representation and warranty is qualified by materiality, in which case, such representation and warranty shall be true and correct in all respects) on the date hereof, except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties shall continue to be true and correct in all material respects (except to the extent any such representation and warranty is qualified by materiality, in which case, such representation and warranty shall be true and correct in all respects) as of such specified earlier date.

**SECTION 3. Representations and Warranties of the BorrowerSection 3.**. To induce the Lender to enter into this Agreement, the Borrower hereby represents and warrants to the Lender as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.1. Reaffirmation of Representations and Warranties under the Note**. After giving effect to this Agreement, each representation and warranty of the Borrower contained in the Note is true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of the date hereof (except to the extent such representations and warranties specifically refer to an earlier date, in which case they are true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of such earlier date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.2 Corporate Authority; No Conflicts**. The execution, delivery and performance by the Borrower of this Agreement, the Note (as amended hereby) (a) are within the Borrower's powers, (b) have been duly authorized by all necessary action, (c) require no action by or in respect of, or filing with, any Governmental Authority, (d) do not violate any applicable laws or regulations relating to the Borrower, in any material respect or (e) do not violate or constitute a default under any indenture, agreement for borrowed money or similar instrument or any other material agreement binding upon the Borrower or any of its subsidiaries.

Tenth Amendment to 5% Secured Promissory Note– Page 2

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **3.3 Enforceability**. This Agreement and the Note (as amended hereby) constitute the valid and binding obligations of the Borrower, enforceable in accordance with their respective terms, except as (a) the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditor's rights generally and (b) the availability of equitable remedies may be limited by equitable principles of general application.

**Section 4.** **Miscellaneous**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.1 Reaffirmation of the Note**. Any and all of the terms and provisions of the Note shall, except as amended and modified hereby, remain in full force and effect and are hereby in all respects ratified and confirmed by the Borrower. The Borrower hereby agrees that the amendments and modifications herein contained shall in no manner affect or impair the liabilities, duties and obligations of the Borrower under the Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.3 Parties in Interest**. All of the terms and provisions of this Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.4 Counterparts**. This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic imaging means (e.g. "pdf'" or "tif") shall be effective as delivery of a manually executed counterpart of this Agreement. This Agreement and the Note constitute the entire contract among the parties relating to the subject matter hereof and thereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.5 No Modification**. Except as expressly modified by this Agreement, the Note is and shall remain unchanged and in full force and effect, and nothing contained in this Agreement shall, by implication or otherwise, limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Lender or any of the other parties hereto, or shall alter, modify, amend or in any way affect any of the other terms, conditions, obligations, covenants or agreement contained in the Note which are not by the terms of this Amendment being amended, or alter, modify or amend or in any way affect any of the Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.6 Headings**. The headings, captions and arrangements used in this Agreement are, unless specified otherwise, for convenience only and shall not be deemed to limit, amplify or modify the terms of this Agreement, nor affect the meaning thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.7 Severability**. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.8 Governing Law**. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF TEXAS, WITHOUT REGARD TO CONFLICT-OF-LAW PRINCIPLES THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF TEXAS. In any action between or among any of the parties, whether rising out of this Note or otherwise, each of the parties irrevocably consents to the exclusive jurisdiction and venue of the federal and/or state courts located in Collin County, Texas.

Tenth Amendment to 5% Secured Promissory Note– Page 3

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **4.9 Reference to and Effect on the Note.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.9.1** Each reference in the Note to "this Note," "hereunder," "hereof," "herein" or words of like import, and each reference in the Note, or other agreements, documents or other instruments executed and delivered pursuant to the Note, to the "Note", shall mean and be a reference to the Note as amended and otherwise modified by this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.9.2** The execution, delivery and effectiveness of this Agreement shall not operate as a waiver of any right, power or remedy of the Lender under the Note, nor constitute a waiver of any provision of any of the Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.10 Counterparts.** This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic imaging means (e.g. "pdf'" or "tif") shall be effective as delivery of a manually executed counterpart of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.11 Complete Agreement.** THIS AGREEMENT AND THE NOTE REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

**[*Signature pages follow*.]**

Tenth Amendment to 5% Secured Promissory Note– Page 4

**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed by their respective authorized officers to be effective as of the Amendment Effective Date.** 

---

| | |
|:---|:---|
| **BORROWER:** | **BORROWER:** |
| **NEXT BRIDGE HYDROCARBONS, INC.** | **NEXT BRIDGE HYDROCARBONS, INC.** |
| By: | &nbsp;&nbsp;&nbsp;&nbsp;/s/ Roger Wurtele |
|  | Name: Roger Wurtele |
|  | Title: Chief Financial Officer |
| **LENDER:** | **LENDER:** |
| /s/ Gregory McCabe | /s/ Gregory McCabe |
| Name: Gregory McCabe | Name: Gregory McCabe |

---

[Signature Page to Tenth Amendment to 5% Unsecured Promissory Note]