N2OFF signs shareholders agreement to acquire 70% of SB Impact 4; to lend €2.3M for Sicily battery projects

Nexentis Technologies Inc.

N2OFF will purchase 70% of SBI4 shares from Solterra Brand Services Italy on final closing date.
N2OFF lending €2.3M at 7% annual interest for two 196 MW battery storage projects in Sicily.
Board: N2OFF appoints 2 directors, SB 1 if SB holds ≥20.01%; N2OFF gets all 3 if SB falls below 20%.
Profit on project sale split by price per MW: up to €30k – prorata; €30-60k – SB 40%; above €60k – SB 50%.
If N2OFF fails to fund drawdowns within 30 days, SB may repurchase shares at €10k company valuation.

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