secwatch.observer — SEC 8-K summary
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Issuer:     Nexentis Technologies Inc. (NXTS)
CIK:        0001789192
Form:       8-K
Filed at:   2024-11-18T23:59:59+00:00
Accession:  0001493152-24-046456
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

N2OFF settles CDN$2.05M debt with Plantify, to hold 65.4% of its common shares
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- Debt of CDN$2,052,879.39 settled via 2,420,848 Plantify shares at CDN$0.848 per share.
- After closing, N2OFF will hold approximately 65.4% of Plantify's outstanding common shares.
- Debt comprised CDN$1,691,342.47 from matured convertible debenture and US$258,240.66 from line of credit draws.
- Closing conditional on TSX Venture Exchange approval; shares unregistered and subject to resale restrictions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789192/000149315224046456/0001493152-24-046456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789192/000149315224046456/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046456

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