Annual report pursuant to Section 13 and 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v3.23.1
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
SCHEDULE OF RELATED PARTY TRANSACTION INVESTMENT

Investor   Position held at NextPlat   Shares of Common
Stock Purchased
    Aggregate
Purchase Price
 
Charles M. Fernandez   Executive Chairman and Chief Executive Officer     679,013     $ 2,200,002  
David Phipps   Director and President of Orbsat. Chief Executive Officer of Global Operations     46,297     $ 150,002  
Douglas Ellenoff
Shares are deemed to be indirectly beneficially owned through Sabrina Allan, Mr. Ellenoff’s wife.
Mr. Ellenoff has the power to vote and dispose of the shares.
  Vice Chairman and Chief Business Development Strategist     46,297     $ 150,002  
Louis Cusimano   Director     15,433     $ 50,003  
Paul R. Thomson   Senior Vice President – Mergers, Acquisitions and Special Projects     15,433     $ 50,003  

Investor   Position held at NextPlat   Shares of Common
Stock Purchased
    Warrants to purchase Common Stock     Aggregate
Purchase Price
 
eAperion Partners LLC, principal Charles M. Fernandez   Executive Chairman and Chief Executive Officer     1,085,714       1,085,714     $ 1,900,000  
David Phipps   Director and President of NextPlat. Chief Executive Officer of Global Operations     28,500       28,500     $ 49,875  
RLB Market Investments LLC, principal, Rodney Barreto   Director     1,085,714       1,085,714     $ 1,900,000