Vanguard Capital Management Establishes 5.07% Passive Stake in Nextpower Inc (NXT)
Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.07% ownership stake in Nextpower Inc (NXT). The filing indicates that as of March 31, 2026, Vanguard beneficially owns 7,535,147 shares of common stock. According to the report, the firm holds sole dispositive power over all 7,535,147 shares and sole voting power over 1,129,194 shares, with no shared voting or dispositive power reported. The securities were acquired in the ordinary course of business, and the filing includes holdings from various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This position represents a significant increase from a previously reported 0% stake, crossing the 5% threshold that necessitates a 13G filing for passive institutional investors. Nextpower Inc, based in Fremont, California, is the issuer of the securities. The filing was signed by Ashley Grim, Head of Global Fund Administration at Vanguard Capital Management.