Financing ·
Nexera raises $1.71M via convertible note and issues warrant for 8.03M shares
JFBRNexera Technologies Ltd
On November 4, 2026, Nexera Technologies Ltd issued a convertible promissory note with a principal amount of $1,900,000 to an institutional investor for cash proceeds of $1,710,000. The note accrues interest at 4% annually and matures in 28 months, with repayment beginning after 18 months. Concurrently, the company issued a warrant exercisable immediately at $0.2366 per share to purchase up to 8,030,432 ordinary shares, representing 100% of the maximum shares issuable upon conversion. The proceeds are intended for working capital and general corporate purposes. Separately, Nexera's subsidiary Fort Technology received approval from the TSX Venture Exchange for a voluntary delisting of its common shares, which is expected to be effective around November 6, 2026. Nexera Technologies Ltd operates in advanced homeland security technologies and e-commerce.