secwatch.observer — SEC 8-K summary
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Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0001683168-22-006683
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316822006683/0001683168-22-006683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316822006683/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-006683

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