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Nexentis amends warrants to remove liability classification and aid Nasdaq compliance
NITONexentis Technologies Inc.
On September 29, 2026, Nexentis Technologies Inc. entered into amendment agreements with holders of all outstanding warrants issued in connection with its L.I.A. Pure Capital Ltd. loan facility and two June 2026 private placements. The amendments modified warrant provisions to remove liability classification under accounting guidance, allowing the instruments to qualify for equity classification. The changes did not increase the number of shares issuable upon exercise, extend the term, or provide additional economic consideration. Nexentis stated the modifications were effected to assist in regaining compliance with Nasdaq Listing Rule 5550(b)(1). The company operates in the technology sector.