Recent Updates — NITO
Nexentis Technologies Inc. executed a one-for-five reverse stock split of its common stock, which became effective at 4:15 p.m. Eastern Time on November 6, 2026. The company filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State to formalize the change. Outstanding shares were reduced from approximately 2.9 million to roughly 600,000, while authorized share counts remained unchanged at 495 million common and 5 million preferred shares. The split was approved by stockholders in April 2026 to regain compliance with Nasdaq’s minimum bid price requirements. Trading on a split-adjusted basis begins on November 9, 2026, under the symbol NXTS. Nexentis Technologies Inc. operates as a drug discovery company and invests in European solar energy assets.
On October 15, 2026, Nexentis Technologies issued 101,549 common shares to CEO David Palach and 51,000 shares to CFO Lital Barda for services. The company also granted 208,639 shares to directors under its Share Incentive Plan and issued 510,000 shares to consultants for financial, investor relations, and business development support. These issuances were exempt from registration under Section 4(a)(2) of the Securities Act as non-public transactions involving no public offering. Nexentis Technologies Inc. operates in the technology sector.
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.