{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-008084","form_type":"8-K","ticker":"NCRA","cik":"0001756180","company_name":"NOCERA, INC.","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.345319+00:00","generated_at":"2026-05-16T23:06:03.117428+00:00","sec_items":["2.03","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nocera closes $8M initial tranche of up to $300M secured convertible note facility","bullets":["Initial note principal $8M at 9% interest (18% on default), matures Nov 3, 2027.","Conversion price is lower of $2.01 or 93% of 10-day VWAP, subject to floor price.","Note is senior secured by substantially all assets acquired with proceeds.","Beneficial ownership limitation of 4.99% (adjustable to 9.99% after 61 days).","Issued under Section 4(a)(2)/Rule 506(b) to accredited investor; program permits up to $300M total."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-008084","json":"https://secwatch.observer/filing/0001683168-25-008084.json","markdown":"https://secwatch.observer/filing/0001683168-25-008084.md","text":"https://secwatch.observer/filing/0001683168-25-008084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756180/000168316825008084/0001683168-25-008084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756180/000168316825008084/nocera_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:06:03.117428+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"25dd6a4af3e9e4da8cbf199a7bfcb574f41267c2","claim":"NOCERA, INC. incurred convertible notes of $8,000,000 with Investor at nine percent (9%) per annum maturing November 3, 2027.","evidence_excerpt":"On November 3, 2025, the Company consummated the initial closing under the Purchase Agreement, pursuant to which it issued to the Investor a senior secured convertible note in the principal amount of $8,000,000 (the “Initial Note”) for a purchase price of $7,280,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756180/000168316825008084/0001683168-25-008084-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$8,000,000"},{"label":"Counterparty","value":"Investor"},{"label":"Rate","value":"nine percent (9%) per annum"},{"label":"Maturity","value":"November 3, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}