EX-99.1 7 ex991_1.htm EXHIBIT 99.1 Exhibit 99.1 NextNav Announces Redemption of 5.00% Senior Secured Convertible Notes Reston, VA - June 15, 2026 - NextNav Inc. (NASDAQ: NN) (“NextNav or the “Company”) a leader in next-generation 3D positioning, navigation, and timing (PNT)solutions, today announced that it has delivered a notice of redemption for all of its outstanding 5.00% Senior Secured Convertible Notes due 2028 (the “Notes”). The Notes will be redeemed on June 25, 2026 (the “Redemption Date”), at a price equal to 100% of their principal amounts, plus accrued but unpaid interest (the “Redemption Price”), in accordance with the terms of the governing Note documents. Under the terms of the Notes, the Company is entitled to redeem the Notes if the closing price of NextNav's common stock exceeds 160% of the conversion price of the Notes for at least 20 trading days during any consecutive 30-trading-day period ending on, and including the trading day immediately preceding the date the Company provides notice of redemption. The Company has determined that these redemption conditions have been satisfied. As of June 15, 2026, approximately $186.5 million in aggregate principa…
Open exhibit ↗Current Report · Items 7.01, 8.01, 9.01 · 8-K
NEXTNAV INC.
NNNASDAQEQUITYCurrent
Regulation FD Disclosure · Other Events
Item 7.01. Regulation FD Disclosure. On June 15, 2026, NextNav Inc. (the “Company”) issued a press release announcing the redemption of the Notes (as defined below). A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8‑K (this “Current Report”).
Company context
NextNav Inc. (Nasdaq: NN) is a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions. As the nation’s largest license holder in a spectrum band expressly designated for terrestrial positioning services, NextNav is uniquely positioned to enable a widescale terrestrial complement and backup to GPS. Leveraging licensed low-band spectrum and the global 5G ecosystem, NextNav is focused on delivering an accurate, reliable, and resilient 3D PNT solution to protect national security, public safety, and the economy. Learn more at www.nextnav.com.
Current securities
Historical securities (1)
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 8.01Item 8.01 - Other Events
Filed exhibits (2)
EX-99.2 8 ex992_2.htm EXHIBIT 99.2 Exhibit 99.2 Notice of Full Redemption To the Holders of NextNav Inc. 5.00% Senior Secured Convertible Notes due 2028 CUSIP No. 65345N A*7† NOTICE IS HEREBY GIVEN pursuant to the terms of that certain Indenture, dated as of March 27, 2025 (the “Indenture”), among NextNav Inc., as issuer (the “Company”), the Notes Guarantors party thereto, and GLAS Trust Company LLC, as trustee and notes collateral agent (the “Trustee”), under which the above captioned notes (the “Notes”) were issued by the Company, that the Notes have been selected for redemption on June 25, 2026 (the “Redemption Date”) at a price of 100% of the principal amount of such Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date (the “Redemption Price”). All capitalized terms not otherwise defined herein have the meanings attributed thereto in the Indenture. The Redemption Price will become due and payable on, and interest shall cease to accrue on and after, the Redemption Date. Payment of the Redemption Price with respect to the Notes will be made on the Redemption Date to each person who is registered as a beneficial owner of Notes in the Note Regis…
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