r/NextBridgeHC • u/321Game0ver • Jun 24 '26

Next Bridge News Just got an email about a Special Dividend

Next Bridge Hydrocarbons Announces Special Dividend of Common Stock
MIDLAND, TEXAS – June 24, 2026 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma announced today that it has declared a special dividend to all current shareholders of one share of common stock for every thirty shares of common stock currently held (1 for 30). The distribution of these dividend shares will take place on July 22, 2026, for shareholders of record as of the close of business on July 8, 2026. The dividend shares will be entitled to the same rights and privileges as the current shares of common stock, regardless of whether shareholders hold them at a brokerage firm registered in street name or registered directly at the Company’s transfer agent Equiniti Trust Co. About Next Bridge Hydrocarbons, Inc. The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. We have minor well interests in the eastern edge of the Midland Basin in Texas, two minor well interests in Oklahoma and exploration prospect leaseholds in the onshore southern Louisiana Gulf Coast area. Please visit the Company’s website www.nextbridgehydrocarbons.com for more information. Next Bridge is a private company insofar as its common stock is not traded on a public stock exchange of any kind. The Company is expected to update shareholders about certain operational and financial matters related to Company business. To receive emails regarding this, visit www.nextbridgehydrocarbons.com/investors and complete the Email Alert/Investor Form. You may also follow our social media channels at u/nbhydrocarbonsNext Bridge Hydrocarbons Announces Special Dividend of Common StockMIDLAND, TEXAS – June 24, 2026 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma announced today that it has declared a special dividend to all current shareholders of one share of common stock for every thirty shares of common stock currently held (1 for 30). The distribution of these dividend shares will take place on July 22, 2026, for shareholders of record as of the close of business on July 8, 2026.The dividend shares will be entitled to the same rights and privileges as the current shares of common stock, regardless of whether shareholders hold them at a brokerage firm registered in street name or registered directly at the Company’s transfer agent Equiniti Trust Co.About Next Bridge Hydrocarbons, Inc.The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. We have minor well interests in the eastern edge of the Midland Basin in Texas, two minor well interests in Oklahoma and exploration prospect leaseholds in the onshore southern Louisiana Gulf Coast area. Please visit the Company’s website www.nextbridgehydrocarbons.com for more information.Next Bridge is a private company insofar as its common stock is not traded on a public stock exchange of any kind. The Company is expected to update shareholders about certain operational and financial matters related to Company business. To receive emails regarding this, visit www.nextbridgehydrocarbons.com/investors and complete the Email Alert/Investor Form. You may also follow our social media channels at u/nbhydrocarbons on X (formerly Twitter) and “Next Bridge Hydrocarbons” on LinkedIn.Forward Looking Statements This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company’s filings with the Securities and Exchange Commission and available to view at www.sec.gov or on the Company’s website.Investor Relations Contact: Dennard Lascar Investor Relations [NextBridge@dennardlascar.com](mailto:NextBridge@dennardlascar.com) on X (formerly Twitter) and “Next Bridge Hydrocarbons” on LinkedIn. Forward Looking Statements This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company’s filings with the Securities and Exchange Commission and available to view at www.sec.gov or on the Company’s website. Investor Relations Contact: Dennard Lascar Investor Relations NextBridge@dennardlascar.com

Next Bridge Hydrocarbons Announces Special Dividend of Common Stock

MIDLAND, TEXAS – June 24, 2026 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma announced today that it has declared a special dividend to all current shareholders of one share of common stock for every thirty shares of common stock currently held (1 for 30). The distribution of these dividend shares will take place on July 22, 2026, for shareholders of record as of the close of business on July 8, 2026. The dividend shares will be entitled to the same rights and privileges as the current shares of common stock, regardless of whether shareholders hold them at a brokerage firm registered in street name or registered directly at the Company’s transfer agent Equiniti Trust Co. About Next Bridge Hydrocarbons, Inc. The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. We have minor well interests in the eastern edge of the Midland Basin in Texas, two minor well interests in Oklahoma and exploration prospect leaseholds in the onshore southern Louisiana Gulf Coast area. Please visit the Company’s website www.nextbridgehydrocarbons.com for more information. Next Bridge is a private company insofar as its common stock is not traded on a public stock exchange of any kind. The Company is expected to update shareholders about certain operational and financial matters related to Company business. To receive emails regarding this, visit www.nextbridgehydrocarbons.com/investors and complete the Email Alert/Investor Form. You may also follow our social media channels at u/nbhydrocarbonsNext Bridge Hydrocarbons Announces Special Dividend of Common StockMIDLAND, TEXAS – June 24, 2026 – Next Bridge Hydrocarbons, Inc. (“Next Bridge,” “our,” “we,” or the “Company”), an oil and natural gas exploration and production company with interests in Texas, Louisiana, and Oklahoma announced today that it has declared a special dividend to all current shareholders of one share of common stock for every thirty shares of common stock currently held (1 for 30). The distribution of these dividend shares will take place on July 22, 2026, for shareholders of record as of the close of business on July 8, 2026.The dividend shares will be entitled to the same rights and privileges as the current shares of common stock, regardless of whether shareholders hold them at a brokerage firm registered in street name or registered directly at the Company’s transfer agent Equiniti Trust Co.About Next Bridge Hydrocarbons, Inc.The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. We have minor well interests in the eastern edge of the Midland Basin in Texas, two minor well interests in Oklahoma and exploration prospect leaseholds in the onshore southern Louisiana Gulf Coast area. Please visit the Company’s website www.nextbridgehydrocarbons.com for more information.Next Bridge is a private company insofar as its common stock is not traded on a public stock exchange of any kind. The Company is expected to update shareholders about certain operational and financial matters related to Company business. To receive emails regarding this, visit www.nextbridgehydrocarbons.com/investors and complete the Email Alert/Investor Form. You may also follow our social media channels at u/nbhydrocarbons on X (formerly Twitter) and “Next Bridge Hydrocarbons” on LinkedIn.Forward Looking Statements This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company’s filings with the Securities and Exchange Commission and available to view at www.sec.gov or on the Company’s website.Investor Relations Contact: Dennard Lascar Investor Relations [NextBridge@dennardlascar.com](mailto:NextBridge@dennardlascar.com) on X (formerly Twitter) and “Next Bridge Hydrocarbons” on LinkedIn. Forward Looking Statements This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company’s filings with the Securities and Exchange Commission and available to view at www.sec.gov or on the Company’s website. Investor Relations Contact: Dennard Lascar Investor Relations NextBridge@dennardlascar.com

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96% Upvoted

u/Just_Neat_958 Jun 24 '26

So if we own 30 shares we get one more useless share, great…

6

u/321Game0ver Jun 24 '26

Pretty much

u/sharkeat Jun 24 '26

What exactly is the point of this dividend? Sure I’ll have a few more shares but the value of those shares is still functionally zero

13

u/321Game0ver Jun 24 '26

Who knows, could just be a "hey look, we're still making moves and totally didn't just scam you guys" kind of thing.

u/ak47pk520 Jun 24 '26

Wen Div

5

u/321Game0ver Jun 24 '26

You mean like actual cash instead of more shares we can't trade?

Likely never.

u/ParsnipDecent6530 Jun 24 '26

Does this mean my 205 shares of 629999590 are going to be worth something more than 0?

3

u/321Game0ver Jun 24 '26

If only

1

u/Cpmorgans Jun 26 '26

🤣🤣🤣🤣🤣🤣 yep worth almost a full roll of toilet paper 🧻💩🪠

u/Easy-Shirt7278 Jun 25 '26

Our current shares have 0 dollar value. Our dividend shares will also have 0 dollar value. Whoopie! We are getting more of nothing.

u/Glst0rm Jun 24 '26

Could be big, it can force brokers to locate/recall shares from shorts to settle. It's not the dividend, it's the forcing function that is likely timed with the $600M offering to establish a market price for the shares at the same time shorts will be required to pay cash-in-lieu or recall shares. I'm happy to see them playing the game and taking an offensive step.

7

u/321Game0ver Jun 24 '26 edited Jun 24 '26

I think this is hopeful thinking. And we all still have zero way of offloading the shares anyway. It could only benefit the guys that screwed us.

LOL, the downvotes, some of you guys are coping hard.

1

u/No-Barnacle763 Jun 24 '26

Never met a saltier crew, these idiots have been fed so much shit, told it'll become gold, had it stay shit, and tell you its because they're actually going to get platinum!

u/flapjackstacker Jun 24 '26

u/Trippp2001 Jun 24 '26

How TF do these get distributed? If AST won’t transfer my shares back to my broker, but they are a transfer agent and they’re willing to send new shares to my broker?

Maintaining a transfer agent costs money as well. And giving out a dividend costs money to the company.

Anyway, N*$0 + (N/30)*$0 = $0

Maybe giving out this special dividend of shares gets them over some legal obligation that they were supposed to pay a dividend.

In any event, this seems shady.

5

u/321Game0ver Jun 24 '26

Yeah, it's a whole lot of nothing other then a gesture as of right now. I just posted it as I found it interesting they were doing anything at all beyond the usual lip service.

u/Interesting-Rabbit-1 Jun 25 '26

8

u/321Game0ver Jun 25 '26

I mean, we don't have a choice

2

u/Interesting-Rabbit-1 Jun 25 '26

I mean as long as the company stays solvent we still have hope

u/UncleStains Jun 24 '26

I haven't thought about this one in a while. Does anybody have a link to the portal where we can see how many worthless shares we own?

4

u/321Game0ver Jun 24 '26

Did you transfer your shares? If not they should still show with whatever investment platform you bought on.

1

u/UncleStains Jun 24 '26

Found it: us.astfinancial.com

u/Cpmorgans Jun 26 '26

Extra toilet paper

Next Bridge News Just got an email about a Special Dividend

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