Financing ·
On September 17, 2026, Nexera Technologies Ltd issued a convertible promissory note with a principal amount of…
JFBRNexera Technologies Ltd
On September 17, 2026, Nexera Technologies Ltd issued a convertible promissory note with a principal amount of $600,000 for a cash purchase price of $540,000 to an institutional investor. The note matures in 28 months, accrues interest at 4% annually (increasing to 14% upon default), and is convertible into ordinary shares at the lower of $1.42 or 88% of the 20-day VWAP, subject to a floor price of $0.284. Concurrently, the company issued a warrant exercisable immediately for up to 448,359 shares at an exercise price of $1.42 per share, expiring in 66 months. Additionally, Nexera's subsidiary KeepZone AI amended its distribution agreement with Scanary Ltd., effective September 18, 2026, converting exclusive rights in Canada, Germany, and the UAE to non-exclusive status across five territories and reducing total exclusivity consideration from $1,000,000 to $600,000. Nexera Technologies Ltd operates in the technology sector, providing AI-driven solutions for retail loss prevention.