other_material
confidence high
sentiment neutral
materiality 0.60
N2OFF effects 1-for-35 reverse stock split; adds €600K loan for battery study
Nexentis Technologies Inc.
- Reverse stock split at 1-for-35 ratio, effective September 3, 2025; CUSIP changes.
- Addendum No. 2 provides €600,000 loan at 7% to optimize battery storage near Melz PV project.
- N2OFF committed 75% of the €600K addendum; loans mature upon sale of partnership or 5 years.
- Previous €2.08M loan to partnership in July 2024 included €1.56M from N2OFF.
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