Nexentis Technologies issues 922,188 unregistered shares to executives, directors and consultants
NXTS•Nexentis Technologies issued 922,188 shares of common stock in unregistered transactions on October 15, 2026. The shares went to executives, directors and consultants for services and under its 2022 Share Incentive Plan.
1. Share issuance details
CEO David Palach received 101,549 shares and CFO Lital Barda received 51,000 shares under the 2022 Share Incentive Plan. The plan also covered 208,639 shares for directors and 51,000 shares for a consultant providing accounting and controller services.
2. Consultant shares
Nexentis issued another 510,000 shares to consultants outside the plan for financial, investor relations and business development services. The issuances were exempt from Securities Act registration under Section 4(a)(2) as transactions not involving a public offering.
