---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039146"
form_type: "8-K"
ticker: "NXTS"
cik: "0001789192"
company_name: "Nexentis Technologies Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:46:15.288490+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Save Foods issues $700K promissory note at 8% interest to YA II PN

## Summary
- Principal $700k, purchase price $679k (3% OID), interest 8% per annum.
- Monthly payments of one-tenth principal plus interest; first due Dec 31, 2023.
- Payments may be in cash or common stock via existing equity purchase agreement.
- Proceeds from stock sales under purchase agreement applied first to note payments.

## SEC filing metadata
- accession: 0001493152-23-039146
- form_type: 8-K
- ticker: NXTS
- cik: 0001789192
- company_name: Nexentis Technologies Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.3, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789192/000149315223039146/0001493152-23-039146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789192/000149315223039146/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039146
- JSON: https://secwatch.observer/filing/0001493152-23-039146.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039146.txt

## Key facts
- Debt Financings
  Nexentis Technologies Inc. incurred loan of $700,000 with YA II PN, Ltd. at 8% per annum maturing one year.
  - Instrument: loan
  - Principal: $700,000
  - Counterparty: YA II PN, Ltd.
  - Rate: 8% per annum
  - Maturity: one year
  - Event: incurrence
  source text: On October 31, 2023, Save Foods, Inc., a Delaware corporation (the “Company”) issued a one-year promissory note in the principal amount of $700,000 (the “Note”) to YA II PN, Ltd. (the “Investor”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1789192/000149315223039146/0001493152-23-039146-index.htm

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