---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-025678"
form_type: "8-K"
ticker: "NXTS"
cik: "0001789192"
company_name: "Nexentis Technologies Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:45:21.585901+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Save Foods enters $3.5M standby equity purchase agreement with YA II PN

## Summary
- Standby Equity Purchase Agreement for up to $3.5M common stock; price at 94% of lowest 3-day VWAP.
- Investor issued 183,566 commitment shares and received $10K structuring fee.
- Promissory note allows advances up to $700K at 8% interest, subject to shareholder approval.
- Advances limited by 4.99% ownership cap and 19.99% exchange cap unless shareholder approval.
- Agreement effective until December 1, 2026 or when $3.5M purchased.

## SEC filing metadata
- accession: 0001493152-23-025678
- form_type: 8-K
- ticker: NXTS
- cik: 0001789192
- company_name: Nexentis Technologies Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789192/000149315223025678/0001493152-23-025678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789192/000149315223025678/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025678
- JSON: https://secwatch.observer/filing/0001493152-23-025678.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025678.txt

## Key facts
- Material Agreements
  Nexentis Technologies Inc. entered into Purchase Agreement with YA II PN, Ltd. valued at $3.5 million (effective 2023-07-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd.
  - Value: $3.5 million
  - Effective: 2023-07-23
  source text: On July 23, 2023, Save Foods, Inc., a Delaware corporation (the “Company”), entered into a Standby Equity Purchase Agreement (the “Purchase Agreement”), with YA II PN, Ltd. (the “Investor”), pursuant to which the Investor has agreed to purchase up to $3.5 million shares of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1789192/000149315223025678/0001493152-23-025678-index.htm

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