secwatch.observer — SEC 8-K summary
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Issuer:     NOCERA, INC. (NCRA)
CIK:        0001756180
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001683168-25-008084
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Nocera closes $8M initial tranche of up to $300M secured convertible note facility
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756180/000168316825008084/0001683168-25-008084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756180/000168316825008084/nocera_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008084

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