secwatch.observer — SEC 8-K summary
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Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001683168-23-001094
Event type: m_and_a
Sentiment:  positive
Materiality: 0.55
Item codes: 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/0001683168-23-001094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316823001094/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-001094

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