Recent 8-K filings for NXNT
Highest-materiality recent filing
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.
- Appointed Anthony De Luna as CTO and director; receives $175K salary, 3% of net after-tax income bonus, and 500,000 performance stock units tied to market cap milestones.
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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 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 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 m_and_a