Recent 8-K filings for NXNT
Highest-materiality recent filing
Nexscient completes Flipside AI acquisition, adds customers, raises $1.53M, targets Nasdaq uplisting
- Acquired Flipside AI on April 1, 2026; Flipside had ~$12M revenue over 5 years, ~$2.5M in 2025, adds 350+ employees.
- New engagements: humanoid robotics (frontier AI org), autonomous mobility (US tech platform), autonomous vehicles (UK foundation model developer).
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Nexscient completes $2.6M acquisition of Flipside AI; target posts 2025 net loss
Acquired 100% of Crestview BPO (owner of Flipside AI) for $2,609,694: $600k cash, $450k convertible note, 6.52M restricted shares.
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Nexscient completes Flipside AI acquisition, adds customers, raises $1.53M, targets Nasdaq uplisting
Acquired Flipside AI on April 1, 2026; Flipside had ~$12M revenue over 5 years, ~$2.5M in 2025, adds 350+ employees.
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COO Tarek Shoufani resigns effective June 30, 2026; no disagreement; remains on board as non-employee director.
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Nexscient issues 816K restricted shares to settle $204K in accrued wages for two executives
Issued 816,000 restricted shares at $0.25/share to settle $204,000 in accrued unpaid wages.
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Transition period from July 1 to December 31, 2025 to be reported on Form 10-K.
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Eric Sherb appointed CFO of Nexscient effective April 1, 2026; services via EMS Consulting Services agreement.
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Nexscient closes $6.2M acquisition of Flipside AI; appoints Anthony De Luna as CTO
Closed $6.2M acquisition: $600K cash, $450K convertible note (convertible at $0.75/share), and 6.846M restricted shares.
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Nexscient signs $6.2M deal to acquire Flipside for Physical AI data expertise
Aggregate consideration $6,184,500: $600K cash, $450K convertible note (convertible at $0.75/share), and 6.846M restricted shares valued at $5.1345M.
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Nexscient forms strategic alliance with Tekcapital for AI tech acquisitions
Alliance with Tekcapital (AIM:TEK) to source and acquire university-originated AI technologies.
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Nexscient CFO Michael Portera resigns; CEO Fred Tannous named interim CFO
Michael Portera resigned as CFO effective November 5, 2025, citing no disagreement with the company.
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Nexscient signs LOI to acquire Flipside AI for $5.94M in cash, debenture, and stock
Total consideration $5.94M: $600K cash, $450K convertible debenture, 6.52M restricted shares.
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Nexscient acquires AI Media Toolkit for $135,500 in cash and stock; launches SaaS platform
Purchase price: $47,500 cash plus 350,000 restricted shares valued at $87,500.
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Nexscient signs LOI to acquire AI Media Toolkit for $47.5K cash + 350K shares
Non-binding LOI with i2 Analytics to acquire AI Media Toolkit, a GenAI content creation application.
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Nexscient launches NXNT Labs to accelerate AI-driven enterprise solutions
New business unit NXNT Labs focuses on commercializing AI, quantum computing, and blockchain technologies.
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Nexscient's common stock approved for OTCQB trading; symbol NXNT
Common stock approved for OTCQB quotation under symbol NXNT effective October 23, 2024.
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Nexscient receives FINRA approval to quote on OTC Markets under symbol NXNT
FINRA approval granted August 2, 2024 for OTC Markets quotation under Rule 15c2-11.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.60 · Most common event other_material