NOCERA, INC. (NCRA) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Nocera, Inc. on April 17, 2026. The Company is incorporated in Nevada and its common stock trades on The Nasdaq Capital Market under the symbol "NCRA". The filing addresses a regulatory notice received from The Nasdaq Stock Market LLC regarding continued listing standards.
Key Financial Metrics
The filing references financial data from the Company's Annual Report on Form 10-K for the year ended December 31, 2025. Specific metrics disclosed include:
- Stockholders' Equity: $(440,735) (Negative equity)
- Minimum Equity Requirement: $2.5 million (Not met)
- Alternative Standards: The filing states the Company does not currently meet the alternative standards for market value of listed securities or net income from continuing operations.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity beyond the negative equity figure.
Material Changes and Listing Status
On April 17, 2026, the Company received a notification from Nasdaq that it failed to satisfy the minimum stockholders' equity requirement of $2.5 million under Listing Rule 5550(b)(1). This deficiency is based on the negative equity reported in the 2025 Form 10-K. There is no immediate effect on the listing or trading of the Company's common stock, which will continue to trade on The Nasdaq Capital Market.
Outlook, Management Commentary, and Risks
Compliance Plan: Under Nasdaq Listing Rule 5810(c)(2), the Company has 45 calendar days (until June 1, 2026) to submit a plan to regain compliance. If accepted, Nasdaq may grant an extension of up to 180 calendar days to evidence compliance.
Management Intent: The Company intends to timely submit a plan to regain compliance.
Risks and Contingencies: The filing explicitly states there can be no assurance that Nasdaq will accept the Company's plan or that the Company will be able to regain compliance within any extension period granted. Failure to regain compliance could result in delisting.
Key Facts for Investor Verification
- Verify the Company's current stockholders' equity status and any subsequent capital raising activities intended to address the negative equity.
- Monitor the submission of the compliance plan to Nasdaq by the June 1, 2026 deadline.
- Review the Company's Form 10-K for the year ended December 31, 2025, for detailed financial statements regarding revenue, cash flow, and debt.
- Assess the risk of potential delisting if the compliance plan is rejected or if the Company fails to meet the equity requirement within the extension period.