Nocera Files Amended 10-K: Restated Financials, Going Concern, and $100M Equity Facility
NCRA sits 50% above its 52-week low of $1.3.
Summary
Nocera's amended 10-K restates financials, reiterates going concern doubts, and discloses a $100M equity facility and Nasdaq listing deficiencies.
Key Events · Earnings and Guidance · NCRA
-
Restated Financials Filed
Amendment No. 2 restates FY2024 and FY2025 financial statements in response to SEC comments dated July 17, 2026, including a $1.35M goodwill impairment correction.
-
Going Concern Warning Reiterated
Accumulated losses of $26.2M and negative operating cash flows of $2.6M raise substantial doubt about the company's ability to continue as a going concern.
-
$100M Equity Facility Disclosed
Note 23 reveals a May 22, 2026 Equity Purchase Facility Agreement allowing the company to sell up to $100M of newly issued shares over 24 months, with no shares yet issued.
-
Nasdaq Listing Deficiencies
The company received Nasdaq noncompliance notices on Feb 2, 2026 (minimum bid price) and Apr 17, 2026 (minimum stockholders' equity of $2.5M vs reported $(440,735)).
Analysis · NCRA · Industrial Applications And Services
Nocera's Amendment No. 2 to its 10-K restates FY2024 and FY2025 financials in response to SEC comments, retroactively applies the 1-for-30 reverse split, and discloses a going concern warning with accumulated losses of $26.2M. The filing also reveals a $100M Equity Purchase Facility Agreement and Nasdaq noncompliance notices, underscoring the company's precarious financial position and reliance on dilutive financing.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 35.9% of the 1728 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.06%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NCRA was trading at $1.95 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4M. The 52-week trading range was $1.30 to $72.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.