{"filing":{"accession_number":"0001612720-26-000039","cik":"0001612720","ticker":"NEXT","company_name":"NextDecade Corp","form":"8-K","filing_date":"2026-06-18","report_date":null,"primary_document":"next-20260617.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1612720/000161272026000039/next-20260617.htm"},"events":[{"id":11918,"run_id":10489,"accession_number":"0001612720-26-000039","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"NextDecade's indirect subsidiary RGLNG HoldCo Borrower entered into a $1.0 billion term loan credit agreement on June 17, 2026, with proceeds used to make an equity contribution to reduce outstanding borrowings under RGLNG's credit facilities. The transaction involves material restructuring of the Rio Grande LNG project's capital structure with comprehensive collateral arrangements including pledge, security, and intercreditor agreements.","company_name":"NextDecade Corp","ticker":"NEXT","filing_date":"2026-06-18","form":"8-K","submitted_at":null,"items":[{"id":8632,"accession_number":"0001612720-26-000039","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"NextDecade's indirect subsidiary RGLNG HoldCo Borrower entered into a $1.0 billion term loan credit agreement on June 17, 2026, with proceeds primarily used to make an equity contribution to reduce outstanding borrowings under RGLNG's credit facilities. While this is technically a financing transaction rather than a traditional M\u0026A event, the scale ($1 billion), the material restructuring of the Rio Grande LNG project's capital structure, and the comprehensive collateral arrangements (pledge agreement, security agreement, intercreditor agreement) constitute a material definitive agreement that would affect investor assessment of the company's financial position and project financing. The filing is properly categorized under Item 1.01 (Entry into a Material Definitive Agreement), though the event is financing-related rather than acquisition/disposition activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:35:29.285719+00:00","company_name":"","ticker":null,"filing_date":""},{"id":8633,"accession_number":"0001612720-26-000039","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference, but the actual substance of the obligation is not provided in this section. Without visibility into Item 1.01's content, the specific event type cannot be determined with confidence. The filing date and Item 2.03 designation suggest a material financial event (potentially M\u0026A, debt issuance, or covenant-related), but classification requires the referenced Item 1.01 details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:35:29.285719+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":8632,"accession_number":"0001612720-26-000039","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"NextDecade's indirect subsidiary RGLNG HoldCo Borrower entered into a $1.0 billion term loan credit agreement on June 17, 2026, with proceeds primarily used to make an equity contribution to reduce outstanding borrowings under RGLNG's credit facilities. While this is technically a financing transaction rather than a traditional M\u0026A event, the scale ($1 billion), the material restructuring of the Rio Grande LNG project's capital structure, and the comprehensive collateral arrangements (pledge agreement, security agreement, intercreditor agreement) constitute a material definitive agreement that would affect investor assessment of the company's financial position and project financing. The filing is properly categorized under Item 1.01 (Entry into a Material Definitive Agreement), though the event is financing-related rather than acquisition/disposition activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:35:29.285719+00:00","company_name":"NextDecade Corp","ticker":"NEXT","filing_date":"2026-06-18"},{"id":8633,"accession_number":"0001612720-26-000039","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference, but the actual substance of the obligation is not provided in this section. Without visibility into Item 1.01's content, the specific event type cannot be determined with confidence. The filing date and Item 2.03 designation suggest a material financial event (potentially M\u0026A, debt issuance, or covenant-related), but classification requires the referenced Item 1.01 details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:35:29.285719+00:00","company_name":"NextDecade Corp","ticker":"NEXT","filing_date":"2026-06-18"}]}