NOTE
24 – SUBSEQUENT EVENTS
| 1. | On
January 8, 2026, the Company issued 35,000 shares of common stock pursuant to a new consulting
agreement to a consultant in consideration of investor relations services provided to the
Company. |
| 2. | On
January 13, 2026, the Company entered into a Securities Exchange Agreement (the “Agreement”)
with Voice Assist, Inc. (“Voice Assist”) pursuant to which the Company agreed
to transfer to Voice Assist approximately 98% of the issued and outstanding share capital
of Save Foods Ltd., subject to customary closing conditions. |
The
consideration to be received by the Company consists of shares of Voice Assist common stock representing 19.99% of Voice Assist on a
fully diluted basis as of immediately following the closing.
In
addition, the Company entered into a Services Agreement with Voice Assist pursuant to which the Company will provide advisory and related
services. The consideration under the Services Agreement includes deferred cash payments contingent upon future financing transactions
of Voice Assist, royalty-based consideration from future projects, and contingent proceeds related to certain claims, as defined in the
agreement.
On March 15, 2026, the Company closed the transaction for the sale of 100% of Company’s equity interests
in Save Foods Ltd., in which the Company previously held approximately 98% of its share capital.
| 3. | On
January 22, 2026, the Company issued 1,387,193 shares of common stock to the Investor pursuant
to the terms of the SEPA II for consideration of $2,896. See also Note 15(7). |
| 4. | On
February 9, 2026, the board approved the issuance of an equity grant to executive officers
and director of an aggregate of 316,286 shares of Common Stock. |
| 5. | On
February 23, 2026, the Company issued 600,000 shares of common stock to consultants in consideration
of various investor relations and business development services provided to the Company. |
| 6. | On
January 26, 2026 the board of directors approved the change in the name of the Company to
“Nexentis Technologies Inc.” (the “Name Change”) and the change in
the trading symbol of the Company to “NXTS” on the Nasdaq Capital Market (the
“Symbol Change”). |
The
Name Change and the Symbol Change took effect on the Nasdaq Capital Market on February 26, 2026.
|