---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028516"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:37:33.420456+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# NextPlat enters exclusive distribution deal with OPKO Health for China Alibaba Tmall platform

## Summary
- Exclusive right to market and resell OPKO health and veterinary products in China via Alibaba.
- Agreement effective October 12, 2023, initial term of one year, auto-renews unless 90-day notice.
- Distributor bears all credit risk; Supplier retains ownership until full payment.
- Minimum purchase volumes and turnover plan set forth in Schedule 3 (redacted in filing).
- Distributor to handle product registration in China; Supplier provides required certifications.

## SEC filing metadata
- accession: 0001437749-23-028516
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774923028516/0001437749-23-028516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774923028516/nxpl20231016_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028516
- JSON: https://secwatch.observer/filing/0001437749-23-028516.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028516.txt

## Key facts
- Material Agreements
  NextPlat Corp entered into Distribution Agreement with OPKO HEALTH Spain, S.L.U. valued at Exclusive distributor in China for OPKO health and veterinary products (effective 2023-10-12).
  - Action: entry
  - Agreement: supply
  - Counterparty: OPKO HEALTH Spain, S.L.U.
  - Value: Exclusive distributor in China for OPKO health and veterinary products
  - Effective: 2023-10-12
  source text: As previously disclosed, on October 12, 2023, NextPlat Corp (the "Company") entered into a Distribution Agreement with OPKO HEALTH Spain, S.L.U. (“OPKO”) to market and resell certain OPKO health and veterinary products (the "Products") through the Alibaba platform in China (the "Distribution Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000143774923028516/0001437749-23-028516-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.