---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001094"
form_type: "8-K"
ticker: "NCRA"
cik: "0001756180"
company_name: "NOCERA, INC."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:05:38.627596+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nocera closes $875k purchase of 229 acres in Alabama for first U.S. fish farm

## Summary
- Closed on $875,000 purchase of 229 acres of agricultural land in Montgomery, Alabama on Feb 16, 2023.
- Funded with $225,000 cash and $650,000 loan from unaffiliated Taiwan financial company at 6% interest, 2-year term.
- Plans to construct first large-scale fish farm using Recirculatory Aquaculture Systems; site prep and construction start by Q3 2023.
- CEO Jeff Cheng says facility at capacity could generate substantial revenue; model replicable for future U.S. farms.
- Pledged $500,000 certificate of deposit as security for the loan.

## SEC filing metadata
- accession: 0001683168-23-001094
- form_type: 8-K
- ticker: NCRA
- cik: 0001756180
- company_name: NOCERA, INC.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/0001683168-23-001094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/nocera_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001094
- JSON: https://secwatch.observer/filing/0001683168-23-001094.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001094.txt

## Key facts
- Debt Financings
  NOCERA, INC. incurred loan of $650,000 with an unaffiliated Taiwan financial company.
  - Instrument: loan
  - Principal: $650,000
  - Counterparty: an unaffiliated Taiwan financial company
  - Event: incurrence
  source text: on February 16, 2023, it closed on its $875,000 purchase of 229 acres of agricultural land in Montgomery, Alabama, of which was funded through available cash of $225,000 and loan proceeds of $650,000 from an unaffiliated Taiwan financial company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/0001683168-23-001094-index.htm
- M&A Transactions
  NOCERA, INC. completed an acquisition involving an unaffiliated third party (the Seller) for $875,000 (closed 2023-02-16).
  - Action: acquisition
  - Counterparty: an unaffiliated third party (the Seller)
  - Consideration: $875,000
  - Closing: 2023-02-16
  source text: On February 16, 2023, the Land Acquisition closed. As consideration for the Land Acquisition, the Company paid a total of $875,000 to the Seller
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/0001683168-23-001094-index.htm

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