secwatch.observer — SEC 8-K summary
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Issuer:     Nexentis Technologies Inc. (NXTS)
CIK:        0001789192
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0001493152-24-038118
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

N2OFF issues 1.69M shares to officers, consultants and investor
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789192/000149315224038118/0001493152-24-038118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789192/000149315224038118/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-038118

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