---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029158"
form_type: "8-K"
ticker: "NXTS"
cik: "0001789192"
company_name: "Nexentis Technologies Inc."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:41:34.931849+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Save Foods amends stock exchange agreement, parent to receive NewCo shares instead of subsidiary

## Summary
- Second Amendment to Stock Exchange Agreement dated August 13, 2023.
- NewCo Exchange Shares (60% of NewCo) will be issued to Save Foods, Inc. rather than Save Foods Ltd.
- Parties continue to form NewCo with Israeli regulators; closing expected in near term.
- Original deal in July: 1,561,051 Save Foods shares issued to Yaaran for 60% of NewCo pre-closing.

## SEC filing metadata
- accession: 0001493152-23-029158
- form_type: 8-K
- ticker: NXTS
- cik: 0001789192
- company_name: Nexentis Technologies Inc.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789192/000149315223029158/0001493152-23-029158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789192/000149315223029158/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029158
- JSON: https://secwatch.observer/filing/0001493152-23-029158.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029158.txt

## Key facts
- Material Agreements
  Nexentis Technologies Inc. amended Stock Exchange Agreement (as amended by First Amendment and Second Amendment) with Yaaran Investments Ltd. valued at Issuance of 1,561,051 Save Foods Exchange Shares and NewCo Exchange Shares representing 60% of NewCo (effective 2023-08-13).
  - Action: amendment
  - Agreement: merger
  - Counterparty: Yaaran Investments Ltd.
  - Value: Issuance of 1,561,051 Save Foods Exchange Shares and NewCo Exchange Shares representing 60% of NewCo
  - Effective: 2023-08-13
  source text: On August 13, 2023, the Parties entered into a second amendment to the Agreement whereby the Parties agreed that upon the formation of NewCo, the NewCo Exchange Shares will be issued to the Company, instead of the Company’s subsidiary, Save Foods Ltd.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1789192/000149315223029158/0001493152-23-029158-index.htm

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