secwatch.observer — SEC 8-K summary
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Issuer:     Nexentis Technologies Inc. (NXTS)
CIK:        0001789192
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001493152-23-039146
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.3, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789192/000149315223039146/0001493152-23-039146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789192/000149315223039146/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-039146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer