secwatch.observer — SEC 8-K summary
======================================

Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001683168-24-000718
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nocera acquires Chinese e-commerce firm Xinca via VIE; pays 1.8M shares
-----------------------------------------------------------------------

- Acquired 100% of Zhejiang Xinca through VIE agreements; purchase price 1.8 million unregistered shares of NCRA common stock.
- Xinca operates e-commerce model on Douyin (Chinese short-video platform); Nocera plans to sell fish via Douyin and later TikTok.
- No financial details of Xinca provided; VIE structure used due to Chinese foreign investment restrictions on certain industries.
- Acquisition closed January 31, 2024; press release issued February 6, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316824000718/0001683168-24-000718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316824000718/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000718

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