---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024328"
form_type: "8-K"
ticker: "NXTS"
cik: "0001789192"
company_name: "Nexentis Technologies Inc."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:32:43.302929+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Save Foods enters stock exchange agreement to issue 19.99% shares to Yaaran Investments

## Summary
- Will issue to Yaaran 19.99% of outstanding common stock; Save Foods Ltd. (subsidiary) receives 60% of NewCo shares.
- Company commits up to $1.2M in three conditional installments for NewCo's commercialization of ARS technologies.
- Agreement dated July 11, 2023; closing subject to customary conditions and definitive documentation.
- NewCo is a yet-to-be formed Israeli company; transaction structured as a stock exchange.

## SEC filing metadata
- accession: 0001493152-23-024328
- form_type: 8-K
- ticker: NXTS
- cik: 0001789192
- company_name: Nexentis Technologies Inc.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789192/000149315223024328/0001493152-23-024328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789192/000149315223024328/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024328
- JSON: https://secwatch.observer/filing/0001493152-23-024328.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024328.txt

## Key facts
- Material Agreements
  Nexentis Technologies Inc. entered into Agreement with Yaaran Investments Ltd. and NewCo (effective 2023-07-11).
  - Action: entry
  - Counterparty: Yaaran Investments Ltd. and NewCo
  - Effective: 2023-07-11
  source text: On July 11, 2023, Save Foods, Inc. (the “Company” or “Save Foods”), entered into a stock exchange agreement (the “Agreement”), by and among the Company, Save Foods Ltd., an Israeli company, Yaaran Investments Ltd., an Israeli company (“Yaaran”), and NewCo, a yet-to-be formed Israeli company (“NewCo”, and together, the “Parties”), pursuant to which the Company agreed to issue to Yaaran 19.99% of its issued and outstanding capital stock as of immediately prior to the Closing (as defined in the Agreement), and in consideration thereof Save Foods Ltd., the majority-owned subsidiary of the Company, shall be issued such number of shares representing 60% of NewCo’s share capital on a fully diluted pre-Closing basis.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1789192/000149315223024328/0001493152-23-024328-index.htm

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