other material
confidence high
sentiment neutral
materiality 0.50
Nocera signs joint distribution agreement with E-PRO for pre-owned iPhone 17 phones
NOCERA, INC.
- Agreement with E-PRO appoints Nocera non-exclusive worldwide distributor for pre-owned iPhone 17 Pro/Pro Max under iFP buy-back/trade-in program.
- iFP allocated ~600,000 handsets to E-PRO worth ~US$520.5M; Nocera has no committed volume, revenue, or backlog.
- Framework imposes no minimum quantity/term; each tranche requires separate sales contract; either party may decline.
- Shipments expected in tranches late Sept through Nov 2026 from iFP's Dallas/Fort Worth and Houston, Texas facilities.
- Initial 12-month term; Nocera's supplier registration with iFP is in progress; no warranty on goods.