Can H1b transfer to new company and Visa extension of current company possible simultaneously?

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Hi folks,

My H1B visa is valid till Aug 12th 2024 and I am receiving an offer with a new employer who is willing to apply for H1B transfer meanwhile my current employer is forcing me to initiate my H1B extension filing asap.. So I am confused if I can do both at the same time? 

Can I request my new company to apply for my extension and transfer simultaneously? 

My maxout date is also Aug 12th 2024, in case if my new employer delays the H1b transfer then can I stay in US until they file my transfer or do I need to travel back. Please guide me through.. 


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