---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049464"
form_type: "8-K"
ticker: "NXTS"
cik: "0001789192"
company_name: "Nexentis Technologies Inc."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:14:37.655614+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# N2OFF raises $1.5M in private placement; acquires 65% of Plantify via debt settlement

## Summary
- Gross proceeds of ~$1.5M from 6.25M units at $0.24/unit; each unit includes common stock and warrants.
- Plantify issued 2.42M shares to N2OFF at CDN$0.848/share to settle CDN$2.05M debt; N2OFF now owns 65% of Plantify.
- Common warrants have 5-year term, exercise price $0.24; pre-funded warrants have $0.00001 exercise price, no expiration.
- Pure Capital agreed not to exercise its facility warrant until stockholder approval; resale registration filing deadline extended.

## SEC filing metadata
- accession: 0001493152-24-049464
- form_type: 8-K
- ticker: NXTS
- cik: 0001789192
- company_name: Nexentis Technologies Inc.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789192/000149315224049464/0001493152-24-049464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789192/000149315224049464/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049464
- JSON: https://secwatch.observer/filing/0001493152-24-049464.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049464.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.