secwatch.observer — SEC 8-K summary
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Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001683168-23-003954
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nocera acquires Zhe Jiang Xin Shui Hu for 1.5M shares and 1M warrants to enter Douyin live sales market
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- Acquired 100% of XSH, a Chinese digital live-stream company selling seafood via Douyin, for 1.5M shares and 1M Class C warrants (exercise price $3.00, expiry June 2027).
- XSH generates revenue from seafood sales, sponsorships, advertising, and fan tips; Nocera aims to vertical integrate into B2C seafood market.
- CEO Jeff Cheng targets having 100 chefs and 100 Douyin accounts by end of 2023 to reach over 100 million fans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316823003954/0001683168-23-003954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316823003954/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-003954

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