---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005259"
form_type: "8-K"
ticker: "NCRA"
cik: "0001756180"
company_name: "NOCERA, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:55:48.661918+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nocera receives Nasdaq notice for audit committee composition non-compliance following director resignation

## Summary
- Audit Committee reduced to two members after resignation of independent director Yih-Yu 'Grace' Lei from board and committees.
- Nasdaq Listing Rule 5605 requires at least three independent directors on audit committee.
- Company has until January 23, 2024 to appoint an independent director and regain compliance.
- If compliance not achieved by deadline, Nasdaq may initiate delisting; company can appeal.
- No immediate effect on listing of common stock (NCRA) on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001683168-23-005259
- form_type: 8-K
- ticker: NCRA
- cik: 0001756180
- company_name: NOCERA, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756180/000168316823005259/0001683168-23-005259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756180/000168316823005259/nocera_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005259
- JSON: https://secwatch.observer/filing/0001683168-23-005259.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005259.txt

## Key facts
- Listing & Compliance Notices
  NOCERA, INC. received a nasdaq deficiency notice notice regarding audit committee (rules 5605, 5605(c)(2)(A), 5605(c)(4)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: audit committee
  - Rules: 5605, 5605(c)(2)(A), 5605(c)(4)
  source text: July 31, 2023, Nocera, Inc. (the “Company”) received a letter from the Nasdaq Listing Qualifications Staff (“Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) therein stating that due to the resignation of Yih-Yu (“Grace”) Lei from the Company’s Audit Committee of the Board of Directors (“Board”), the Company no longer complies with Nasdaq’s audit committee requirement as set forth in Listing Rule 5605. As previously reported by the Company on a Current Report on Form 8-K filed with the Securities Exchange Commission on July 28, 2023, Ms. Lei resigned as a member of the Board on July 27, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756180/000168316823005259/0001683168-23-005259-index.htm

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