EzFill Holdings Inc entered into a promissory note with Next Charging LLC for a loan of $220,000, with an interest rate of 8% for the first nine months and 18% thereafter, due on February 4, 2024. Next has the right to convert the outstanding amount into shares of EzFill's common stock. Additionally, EzFill agreed to acquire 100% of Next's membership interests in exchange for shares of EzFill's common stock, making Next a wholly-owned subsidiary of EzFill.