other material
confidence high
sentiment neutral
materiality 0.50
N2OFF issues 1.69M shares to officers, consultants and investor
Nexentis Technologies Inc.
- Issued 640,000 shares under 2022 Share Incentive Plan and 1,050,000 shares outside plan to consultants and officers on Sept 12, 2024.
- CEO David Palach received 320,000 shares; CFO Lital Barda received 160,000 shares.
- Issued 50,000 shares to an investor on Sept 23, 2024, under a standby equity purchase agreement dated Dec 23, 2023.
- Shares were issued in reliance on Section 4(a)(2) exemption for transactions not involving public offering.