Nocera raises $3.15M initial close of Series B preferred; up to $13.5M total

NOCERA, INC.

Issued 3,500 Series B Convertible Non-Voting Preferred shares at $910 each for $3.15M initial closing.
Agreement allows up to 10,000 additional Series B shares at $910 per $1,000 stated value.
Series B carries 9% annual dividend payable monthly in cash or common stock.
Preferred convertible to common at holder's option, with 4.99% or 9.99% beneficial ownership limit.
Company must seek stockholder approval for conversion shares within 60 days under Nasdaq rules.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NOCERA, INC.: Filed Certificate of Designation for Series B Convertible Non-Voting Preferred Stock, establishing rights, preferences, and limitations (effective 2025-08-28).

Change: charter amendment
Effective: 2025-08-28

Exact text from the filing

On August 28, 2025, the Board of Directors approved and the Company filed a Certificate of Designation of Preferences, Rights and Limitations of the Series B Convertible Non-Voting Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Nevada, designating up to 1,000,000 shares of Series B Convertible Non-Voting Preferred Stock and establishing the rights, preferences, privileges and limitations of such Series B Preferred Stock.

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NOCERA, INC. filing history →

Source: SEC EDGAR

accession 0001683168-25-006587

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