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The agreement is with a US institutional investor.
Nocera, Inc. (XNAS: NCRA) has entered into a securities purchase agreement with a US institutional investor for a private placement of up to $300 million in senior secured convertible notes.
The transaction involves the issuance of convertible notes with a maximum value of $300 million. Nocera, Inc. has a free float of 5,917,200 shares and 14,367,500 shares outstanding.
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