Nocera Signs Worldwide Distribution Deal for $520.5M Pre-Owned iPhone Program
NCRA sits 53% above its 52-week low of $1.3.
Summary
Nocera entered a strategic distribution agreement with Taiwan's E-PRO Display to distribute pre-owned iPhone 17 Pro and Pro Max handsets worldwide under a program with an allocated value of approximately US$520.5 million. The agreement is a non-binding framework with no minimum purchase commitments.
Key Events · M&A and Partnerships · NCRA
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Worldwide Distribution Agreement Signed
On September 17, 2026, a Strategic Partnership and Joint Distribution Agreement was entered into with E-PRO DISPLAY CO., LTD., appointing Nocera as a non-exclusive worldwide distributor for pre-owned iPhone 17 Pro and iPhone 17 Pro Max handsets.
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$520.5M Allocation Referenced
iFP Green Technology's written confirmation dated August 26, 2026, allocates approximately 600,000 handsets with an aggregate awarded value of approximately US$520.5 million to E-PRO. These figures are E-PRO's allocation, not Nocera revenue, orders, or backlog.
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Framework Agreement — No Minimum Commitments
The agreement imposes no minimum quantity, amount, or term commitment. Each tranche requires a separate written sale and purchase contract, and either party may decline any tranche without liability.
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Supplier Registration Still Pending
Nocera has applied to be registered as a supplier of iFP with E-PRO's assistance, but the registration process is in progress and has not been completed.
Analysis · NCRA · Industrial Applications And Services
A non-exclusive worldwide distribution role for a pre-owned iPhone 17 Pro and Pro Max program has been secured, with an aggregate awarded value of approximately US$520.5 million. The agreement is a framework with no minimum commitments — actual revenue depends on separate tranche contracts and completion of Nocera's supplier registration with iFP, which is still in progress. For a company with a market cap under $5 million and a going-concern warning, even a non-binding framework tied to a half-billion-dollar allocation is a material strategic development, though the lack of firm commitments and the pre-owned, no-warranty nature of the goods temper the near-term financial impact.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. 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 $1.99 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4.9M. The 52-week trading range was $1.30 to $72.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.