Next Bridge Hydrocarbons has finally received a resolution for some of their past filings.

Next Bridge has received a letter from the Securities and Exchange Commission (“SEC”) confirming completion of its review of our amended Annual Report on Form 10-K/A for the fiscal year ended December 31, 2023, as filed with the SEC on September 16, 2025.

NEXT BRIDGE PRESS RELEASE

Nearly everyone saw the endless delays and comments the SEC was requiring as a tactic to cripple the company and any resolution for MMTLP shareholders.

The resolution of these open comments from the SEC regarding our 2023 annual report is the first in a difficult – but necessary – series of steps. I look forward to resolving this issue once and for all and I remain optimistic about the path ahead, including our participation in the current Louisiana Panther drilling, and our other activities as well.” – Greg McCabe, CEO

So what’s next after this hopeful resolution:

What Next Bridge plans to do now:

• They intend to file revised versions (amended reports) for the first three quarters of 2024 (Forms 10-Q/A) and also a full annual report for 2024.
  
• They also expect to file their regular (non-amended) quarterly reports for Q1 and Q2 of 2025, which had been delayed because of the restatements.

How does this help?

Being current with SEC requirements improves NBH’s credibility and reduces regulatory overhang. Without this, no progress on bigger issues (like resolving shareholder MMTLP issues) would even be possible.

So this is a small win, as maybe the SEC (under new non-Gensler leadership) will be a bit more friendly to NBH in the future.

You can read the full press release here.