---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-004073"
form_type: "8-K"
ticker: "NXNT"
cik: "0001976663"
company_name: "Nexscient, Inc."
filed_at: "2026-06-29T13:02:03+00:00"
generated_at: "2026-06-29T13:03:07.313114+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Nexscient issues 816K restricted shares to settle $204K in accrued wages for two executives

## Summary
- Issued 816,000 restricted shares at $0.25/share to settle $204,000 in accrued unpaid wages.
- CEO Fred E. Tannous received 456,000 shares for $114,000 owed; COO Tarek Shoufani received 360,000 shares for $90,000.
- Issuance exempt under Section 4(a)(2); preserves cash for operations and planned uplisting.

## SEC filing metadata
- accession: 0001477932-26-004073
- form_type: 8-K
- ticker: NXNT
- cik: 0001976663
- company_name: Nexscient, Inc.
- filed_at: 2026-06-29T13:02:03+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1976663/000147793226004073/0001477932-26-004073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1976663/000147793226004073/nexscient_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-004073
- JSON: https://secwatch.observer/filing/0001477932-26-004073.json
- Plain text: https://secwatch.observer/filing/0001477932-26-004073.txt

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