Recent Updates — NCRA
Nocera, Inc. appointed Shun-Chih Chuang as its new Chief Financial Officer on August 17, 2026, under a two-year employment agreement. Mr. Chuang will receive an annual salary of $84,000 and is granted 100,000 shares of common stock annually, with the first tranche issued immediately upon execution. Additionally, the Company entered into a consulting agreement with Chien-Hua Tseng to provide strategic advisory services regarding artificial intelligence module technology strategy and product roadmap for a two-year term. As consideration, Mr. Tseng received 50,000 shares of common stock on August 17, 2026, with an additional 50,000 shares issuable in August 2027 contingent on continued service. Nocera, Inc. operates in the technology sector, focusing on artificial intelligence module technologies.
Nocera, Inc. announced on August 14, 2026, that its Board of Directors concluded previously issued consolidated financial statements for fiscal years ended December 31, 2024 and 2025 should no longer be relied upon due to identified errors requiring restatement. The adjustments primarily involve a $1,351,703 reduction in goodwill for 2024, reclassifications of accounts receivable and prepaid expenses, and recognition of additional income tax payable and lease liabilities. For 2025, net sales were reduced by approximately $2,597,349 with corresponding cost reductions, leaving the total net loss unchanged for both years. The company attributed these errors to material weaknesses in internal controls over financial reporting and is implementing remedial measures including IT system investments and enhanced training. Nocera, Inc. operates in the technology sector, focusing on digital solutions and services.
Nocera, Inc. completed the sale of approximately 231 acres of real property in Montgomery County, Alabama, to Timothy Lowry Rudder and Catherine Leddy Rudder for $700,000 in cash. After deducting settlement charges of $42,175, net proceeds were $654,604. The asset had a book value of $877,870 as of June 30, 2026, resulting in an expected loss on sale of approximately $178,000 for the quarter ending September 30, 2026. Additionally, Nasdaq notified Nocera that it complies with minimum stockholders’ equity requirements following a previous notice of non-compliance, closing the delisting matter. The company operates in fish trading and e-commerce through its Taiwan-based operations.
Nocera, Inc. entered into agreements to acquire a controlling interest in QMAX Technology Co., Ltd., a Taiwan-based memory and storage distributor, through a variable interest entity structure by issuing 300,000 restricted common shares valued at $1.36 per share for an aggregate consideration of $408,000. Simultaneously, the Company received a default notice regarding its senior secured convertible promissory note, owing approximately $1,370,809 after collateral liquidation satisfied part of the debt. The filing also confirms Nasdaq closed its matter regarding minimum bid price compliance following a 1-for-30 reverse stock split effective July 6, 2026. Nocera operates as a diversified technology holding company focused on AI infrastructure and strategic acquisitions.
Nocera, Inc. implemented a 1-for-30 reverse stock split effective July 6, 2026, reducing outstanding shares from 46,495,187 to 1,549,956 to meet Nasdaq listing requirements. Additionally, the company entered into a letter of intent with INERGX Energy Optimisation Ltd to acquire up to 9.99% of its equity interests via a combination of cash and common stock. Nocera, Inc. is a Nevada-based corporation that operates in the technology and energy optimization sectors.