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Nextpower Inc.

For the period ended Mar 31, 2025. Filed May 22, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed May 22, 2025

NXT$99.82-4.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Exhibit Index

Incorporated by reference
Exhibit No. · Description · Filed Herewith · Form · File No. · Exhibit · Filing Date
3.1Amended and Restated Certificate of Incorporation of Nextracker Inc.10-Q001-416173.1March 9, 2023
3.2Restated Bylaws of Nextracker Inc.10-Q001-416173.2March 9, 2023
4.1Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934, As Amended.10-K001-416174.1June 9, 2023
10.1Form of Third Amended and Restated Limited Liability Company Agreement of Nextracker LLC.S-1/A333-26923810.1February 1, 2023
10.2Form of Exchange Agreement.S-1333-26923810.2January 13, 2023
10.3Form of Tax Receivable Agreement.S-1/A333-26923810.3January 24, 2023
10.4Form of Letter Agreement.S-1/A333-26923810.4January 24, 2023
10.5Form of Amended and Restated Separation Agreement by and among Flex Ltd., Nextracker LLC, Nextracker Inc. and Flextronics International USA, Inc.S-1/A333-26923810.5February 1, 2023
10.6†Second Amended and Restated 2022 Nextracker Inc. Equity Incentive Plan, as amended and restated effective as of August 19, 2024.10-Q001-416710.1November 1, 2024
10.7†Form of Restricted Incentive Unit Award Agreement under the 2022 Equity Incentive Plan for time-based vesting awards (Executive).S-1333-26923810.11January 13, 2023
10.8†Form of Restricted Incentive Unit Award Agreement under the 2022 Equity Incentive Plan for performance-based vesting awards (Executive).S-1333-26923810.12January 13, 2023
10.9†Form of Unit Option Award Agreement under the 2022 Equity Incentive Plan for time-based vesting awards (Executive).S-1333-26923810.13January 13, 2023
10.10†Form of Restricted Stock Unit Award Agreement under the 2022 Nextracker Inc. Equity Incentive Plan for time-based vesting awards (Executive).10-Q001-4161710.1August 9, 2023
10.11†Form of Restricted Stock Unit Award Agreement under the 2022 Nextracker Inc. Equity Incentive Plan (Director).10-Q001-4161710.2August 9, 2023
10.12†Form of Performance Stock Unit Award Agreement under the 2022 Nextracker Inc. Equity Incentive Plan FY25 (Executive).10-Q001-4161710.1August 6, 2024
10.13†Form of Stock Option Award Agreement under the 2022 Nextracker Inc. Equity Incentive Plan for time-based vesting awards (Executive).10-Q001-4161710.4August 9, 2023
10.14†Form of Indemnification Agreement.S-1333-26923810.15January 13, 2023
10.15†Nextracker Inc. Executive Severance Plan.10-Q001-4161710.1January 31, 2025
10.16†Nextracker Inc. Executive Change in Control Severance Plan.10-Q001-4161710.2January 31, 2025
10.17†Transition and Consulting Services Agreement with L. Schlesinger.10-Q001-4161710.3January 31, 2025
10.18Form of Agreement and Plan of Merger, by and among Flex Ltd., Yuma, Inc., Nextracker Inc., and Yuma Acquisition Corp.S-1/A333-26923810.16January 24, 2023
10.19Form of Credit Agreement by and among Nextracker Inc., the Other Holding Entities Party Thereto, Nextracker LLC, the Lenders Party Thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and Sumitomo Mitsui Banking Corporation, Unicredit Bank AG, New York Branch and U.S. Bank National Association, as Co-Documentation Agents.S-1/A333-26923810.22February 1, 2023
10.20Amendment No. 2 dated June 21, 2024 to the Credit Agreement, dated as of February 13, 2023, by and among Nextracker Inc., as Parent, Nextracker LLC, as Borrower, and the other parties thereto.8-K001-4161710.1June 21, 2024
10.21Amendment No. 3 dated February 14, 2025 to the Credit Agreement, dated as of February 13, 2023, by and among Nextracker Inc., as Parent, Nextracker LLC, as Borrower, and the other parties thereto.8-K001-4161710.1February 19, 2025
10.22Tax Matters Agreement, dated January 2, 2024, by and among Nextracker Inc., Flex Ltd. and Yuma Inc.8-K001-4161710.1January 2, 2024
19.1Nextracker Inc. Insider Trading and Trading Window Policy.X
21.1List of Subsidiaries of the Registrant.X
23.1Consent of Deloitte & Touche LLP, Independent Registered Public Accounting Firm.X
31.1Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
31.2Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
32.1*Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
32.2*Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
97.1Nextracker Inc. Financial Restatement Compensation Recoupment Policy.10-K001-4161797.1May 28, 2024
101.INSInline XBRL Instance Document.X
101.SCHInline XBRL Taxonomy Extension Schema Document.X
101.CALInline XBRL Taxonomy Extension Calculation Linkbase Document.X
101.DEFInline XBRL Taxonomy Extension Definition Linkbase Document.X
101.LABInline XBRL Taxonomy Extension Label Linkbase Document.X
101.PREInline XBRL Taxonomy Extension Presentation Linkbase Document.X
104Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).X

† Management contract or compensatory plan or arrangement.

  • The certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Annual Report on Form 10-K and are not deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, nor shall they be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.