{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-014741","form_type":"8-K","ticker":"NXTS","cik":"0001789192","company_name":"Nexentis Technologies Inc.","filed_at":"2024-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.125360+00:00","generated_at":"2026-06-03T22:21:45.687147+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"N2OFF issues $1.5M promissory note to YA II PN, net $1.455M after 3% OID","bullets":["Sold $1,500,000 note to YA II PN, Ltd.; proceeds $1,455,000 (3% original issue discount).","Interest 8% per annum, maturity April 4, 2025; monthly principal payments of $150,000 start June 3, 2024.","Payments may be in cash or via shares under existing Standby Equity Purchase Agreement (Dec 22, 2023).","Defaults include Nasdaq delisting and failure to file timely SEC reports; default interest rate 18%."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-014741","json":"https://secwatch.observer/filing/0001493152-24-014741.json","markdown":"https://secwatch.observer/filing/0001493152-24-014741.md","text":"https://secwatch.observer/filing/0001493152-24-014741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789192/000149315224014741/0001493152-24-014741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789192/000149315224014741/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T22:21:45.687147+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f60081826df2d3692a629bc34cf6bf0743be667","claim":"Nexentis Technologies Inc. incurred loan of $1,500,000 promissory note with YA II PN, Ltd. at 8% per annum maturing April 4, 2025.","evidence_excerpt":"On April 4, 2024, N2OFF, Inc., a Nevada corporation (the “Company”), sold a $1,500,000 promissory note (the “Note”) to YA II PN, Ltd. (the “Investor”) in exchange for proceeds of $1,455,000, reflecting an original issue discount of 3% to face value.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1789192/000149315224014741/0001493152-24-014741-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,500,000 promissory note"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Rate","value":"8% per annum"},{"label":"Maturity","value":"April 4, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a3e86254c3e55cae5af0acaa62db6027b4c903b6","claim":"Nexentis Technologies Inc. entered into Note with YA II PN, Ltd. valued at $1,500,000 promissory note (effective 2024-04-04).","evidence_excerpt":"On April 4, 2024, N2OFF, Inc., a Nevada corporation (the “Company”), sold a $1,500,000 promissory note (the “Note”) to YA II PN, Ltd. (the “Investor”) in exchange for proceeds of $1,455,000, reflecting an original issue discount of 3% to face value .","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1789192/000149315224014741/0001493152-24-014741-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"$1,500,000 promissory note"},{"label":"Effective","value":"2024-04-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}