---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-008169"
form_type: "8-K"
ticker: "NCRA"
cik: "0001756180"
company_name: "NOCERA, INC."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:20:16.089102+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Nocera sells controlling interest in Xin Feng Construction for $300,000 cash

## Summary
- Sold its controlling interest in Xin Feng Construction Co., Ltd (XFC) to Han-Chieh Shih for $300,000 cash.
- Closing occurred on November 30, 2022; VIE agreements giving Nocera control over XFC were terminated.
- Purchaser does not assume any pre-closing liabilities of XFC; Nocera indemnifies for prior obligations.

## SEC filing metadata
- accession: 0001683168-22-008169
- form_type: 8-K
- ticker: NCRA
- cik: 0001756180
- company_name: NOCERA, INC.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756180/000168316822008169/0001683168-22-008169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756180/000168316822008169/nocera_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-008169
- JSON: https://secwatch.observer/filing/0001683168-22-008169.json
- Plain text: https://secwatch.observer/filing/0001683168-22-008169.txt

## Key facts
- Material Agreements
  NOCERA, INC. entered into Purchase of Business Agreement (XFC Purchase Agreement) with Han-Chieh Shih valued at $300,000 (effective 2022-11-30).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Han-Chieh Shih
  - Value: $300,000
  - Effective: 2022-11-30
  source text: On November 30, 2022, Nocera, Inc., a Nevada corporation (the “Company”), entered into a Purchase of Business Agreement (the “XFC Purchase Agreement”) with Han-Chieh Shih (the “Purchaser”), in which the Company sold its controlling interest of Xin Feng Construction Co., Ltd, a domestic funded limited liability company registered in Taiwan (“XFC”), to the Purchaser for a total purchase cash price of $300,000 (the “XFC Sale”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756180/000168316822008169/0001683168-22-008169-index.htm
- Material Agreements
  NOCERA, INC. terminated VIE Agreements with XFC (Xin Feng Construction Co., Ltd) valued at Termination of VIE Agreements due to sale of XFC (effective 2022-11-30).
  - Action: termination
  - Counterparty: XFC (Xin Feng Construction Co., Ltd)
  - Value: Termination of VIE Agreements due to sale of XFC
  - Effective: 2022-11-30
  source text: As a result of the XFC Sale disclosed in Item 1.01 of this Form 8-K, the VIE Agreements were terminated as of the Closing Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756180/000168316822008169/0001683168-22-008169-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.