secwatch.observer — SEC 8-K summary
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Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0001683168-22-006348
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nocera agrees to buy 229 acres in Alabama for fish farm; expects up to $10M revenue boost
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- Purchase price $865K plus $10K deposit; closing expected by Oct 31, 2022, subject to financing.
- Land in Montgomery, AL includes house, manufactured home, and building site with utilities.
- Company plans to build Recirculating Aquaculture Systems (RAS) for sustainable fish farming.
- Press release states acquisition could increase revenues by up to $10M with $7M gross profit potential.
- CEO Jeff Cheng says this is Nocera's first US fish farm entry, citing skilled labor access.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316822006348/0001683168-22-006348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316822006348/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-006348

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer