Nocera to acquire 51% of iTake for $200K plus warrants; sees $3M revenue boost

NOCERA, INC.

Purchase price: $200,000 cash and 100,000 Class A warrants for 51% controlling interest in iTake Inc.
Acquisition expected to close November 15, 2022; iTake is an AIOT company with 21 Taipei Metro locations.
Deal expected to increase Nocera's 2023 revenue by up to $3 million with potentially $1 million gross profit.
Separately, Farmers Vending will buy $1M/month of seafood/fruit/vegetables at 30% discount starting October 1, 2022.
iTake's Smart Cabinets plan to be used for frozen seafood delivery; first unmanned shop rollout in November 2022.

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