NexTech Batteries finishes PCAOB audit ahead of planned public listing

NexTech Batteries said June 11, 2026, that it completed PCAOB-compliant audits of its 2024 and 2025 financial statements, a step the company says advances its planned public listing. The audit reflects the company’s ability to continue as a going concern and supports work on an SEC registration statement.

Why it matters: - NexTech Batteries now has PCAOB-audited financial statements for the two fiscal years it needs to support a registration statement with the U.S. Securities and Exchange Commission. - The audit is a key milestone in the company’s push toward a public listing. - The audited statements also reflect NexTech Batteries’ ability to continue as a going concern, which is an important signal for investors and underwriters.

What happened: - NexTech Batteries said June 11, 2026, that a PCAOB-registered independent accounting firm completed audits of its financial statements for the fiscal years ended Dec. 31, 2024, and Dec. 31, 2025. - The company said the audits were performed under Public Company Accounting Oversight Board standards. - Bill Burger, NexTech Batteries’ president, chairman and CEO, said the company is now preparing its SEC registration statement and moving toward its currently planned public listing.

The details: - NexTech Batteries said its financial statements reflect investments in research and development, intellectual property and commercial readiness. - The company said it has been primarily funded through preferred stock investments from its founder and CEO. - NexTech Batteries is exploring options to fund commercialization of its lithium sulfur battery technology. - Lucosky Brookman LLP is working with NexTech Batteries’ advisory team to prepare the registration statement that will include the audited financial statements. - NexTech Batteries expects to share more updates on the filing timeline.

Between the lines: - The audit removes one of the major procedural hurdles companies face before filing to go public. - NexTech Batteries is still at an early capital-markets stage because no registration statement has been filed yet and the company gave no assurance that the offering will close. - The company is leaning on its technology story as well as its financial reporting, with claims about higher energy density, lower weight and safety framed as part of its long-term commercialization pitch.

What’s next: - NexTech Batteries plans to file a registration statement with the SEC after the audited financials are incorporated. - The company said it will provide further updates on timing as the filing process advances. - Any public offering still depends on SEC review, market conditions and completion of the registration process.

The bottom line: - NexTech Batteries cleared a critical audit step, but the company still has to get through the SEC filing process before any public listing can happen.

More information is available at the company’s announcement and NexTech Batteries on LinkedIn.