Nocera, Inc 8-K, filed Sep 27, 2022
Nocera, Inc. (NCRA)
About this 8-K
Nocera, Inc filed this 8-K on September 27, 2022, reporting on events of September 23, 2022.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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CURRENT REPORT
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Item 8.01 Other Events.
As previously reported by Nocera, Inc., a Nevada corporation (the “Company”), on a Current Report on Form 8-K filed with the Securities and Exchange Commission on August 16, 2022, on August 15, 2022, the Company consummated a public offering of 1,880,000 units (the “Units”) for $3.50 per Unit pursuant to an effective registration statement on Form S-1, as amended (File No. 333-264059). Each Unit consisted of one share of common stock, par value $0.001 per share (the “Common Stock”), and one warrant to purchase two shares of Common Stock (the “Warrants”) from the date of issuance until the fifth anniversary of the issuance date for $3.85 per share of Common Stock, subject to adjustment in the event of stock dividends, stock splits, stock combinations, reclassifications, reorganizations or similar events affecting the Common Stock as described in the Warrants. The exercise price of the Warrants shall be decreased to the reset price, which means the greater of (i) 50% of the exercise price and (ii) 100% of the last volume weighted average price immediately preceding the 90th calendar day following the initial exercise date if, on the date that is 90 calendar days immediately following the initial exercise date, the exercise price is less than the reset price.
Pursuant to the underwriting agreement between the Company and the underwriters named therein, the Company had granted the underwriters a 45-day option to purchase up to 15% additional shares of Common Stock and/or Warrants to cover over-allotments, if any. On September 23, 2022, the underwriters exercised their option to purchase an additional 282,000 Warrants from the Company for gross proceeds of $2,820. The Warrants were issued to the underwriters on September 26, 2022.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NOCERA, INC. | |
| Date: September 27, 2022 | By: /s/ Yin-Chieh Cheng |
| Name: Yin-Chieh Cheng | |
| Title: President and Chief Executive Officer |
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