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Nexentis (NASDAQ: NITO) exits Save Foods for 19.99% of Voice Assist

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Nexentis Technologies Inc. has completed a strategic share exchange involving its majority-owned subsidiary Save Foods Ltd. and Voice Assist, Inc. On March 15, 2026, Nexentis transferred all of its Save Foods ordinary shares, representing approximately 98% of Save Foods’ issued and outstanding share capital, to Voice Assist.

In return, Nexentis received shares of Voice Assist common stock representing 19.99% of Voice Assist on a fully diluted basis, calculated immediately after closing. Nexentis also maintains a previously signed Services Agreement under which it provides advisory and related services to Voice Assist in exchange for deferred cash from future financings capped at $1,000,000, royalty consideration on defined “New Future Projects,” and a share of any “Ecolab Gross Proceeds.” The Services Agreement runs through calendar year 2026 with extension rights until all consideration is fully received.

Positive

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Insights

Nexentis converts its Save Foods stake into a minority voice in Voice Assist plus service-based upside.

Nexentis Technologies has closed a transaction transferring approximately 98% of Save Foods Ltd. to Voice Assist, Inc. in exchange for Voice Assist equity. Nexentis now holds Voice Assist common stock equal to 19.99% of Voice Assist on a fully diluted basis immediately after closing.

This shifts Nexentis from direct operating control of Save Foods to a minority ownership position in Voice Assist, with terms structured below a 20% threshold. The associated Services Agreement adds potential value streams through deferred cash payments up to $1,000,000, royalties on specified “New Future Projects,” and a share of any “Ecolab Gross Proceeds.”

The agreement includes a term through calendar year 2026 and extension rights until consideration is fully received, so future filings describing Voice Assist financings, project royalties, or Ecolab-related proceeds will be important to understand how much value Nexentis ultimately realizes from this structure.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 15, 2026

 

Nexentis Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-40403   26-4684680

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

HaPardes 134 (Meshek Sander)

Neve Yarak, Israel

  4994500
(Address of principal executive offices)   (Zip Code)

 

(347) 468-9583

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of exchange on which registered
Common Stock, par value $0.0001 per share   NXTS   The Nasdaq Capital Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 2.01. Completion of Acquisition or Disposition of Assets

 

As previously reported by Nexentis Technologies Inc. (formerly, N2OFF, Inc.) (the “Company”) with the Securities and Exchange Commission in a Current Report on Form 8-K on January 13, 2026 (the “Original 8-K”), on January 13, 2026, the Company entered into a Securities Exchange Agreement (the “Agreement”) with Voice Assist, Inc., a public company incorporated under the laws of the State of Nevada (“Voice Assist”), and, for certain limited purposes set forth therein, Save Foods Ltd., a private company incorporated under the laws of the State of Israel and a majority-owned subsidiary of the Company (“Save Foods”, and together with the Company and Voice Assist, the “Parties”).

 

On March 15, 2026, the Company closed the Agreement (the “Closing”). At the Closing, pursuant to the Agreement, the Company transferred to Voice Assist all of the ordinary shares of Save Foods owned by the Company, representing approximately 98% of the issued and outstanding ordinary share capital of Save Foods (the “Shares”), free and clear of any encumbrances. The Agreement contains customary representations, warranties, covenants and closing conditions for transactions of this type.

 

The consideration delivered by Voice Assist to the Company for the Shares consisted of the issuance at the Closing to the Company of that number of shares of common stock of Voice Assist, par value $0.001 per share, that represented 19.99% of Voice Assist on a fully-diluted basis, calculated as of immediately following the Closing.

 

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement. A copy of the Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K (this “Current Report”) and is incorporated herein by reference.

 

As previously disclosed in the Original 8-K, on January 13, 2026 the Company also entered into a Services Agreement with Voice Assist (the “Services Agreement”), pursuant to which the Company will provide non-exclusive general advisory, support, collaboration and related services to Voice Assist from time to time for consideration consisting of deferred cash from future Voice Assist financings (subject to a $1,000,000 cap), royalty consideration on “New Future Projects” over specified periods, and a share of any “Ecolab Gross Proceeds” related to the Ecolab Claim, and the Services Agreement includes successor obligations with respect to royalty consideration and a term through calendar year 2026 with the Company’s extension rights until consideration is fully received.

 

The foregoing description of the Services Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Services Agreement. A copy of the Services Agreement is filed as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Warning Concerning Forward Looking Statements

 

This Current Report contains statements which constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward looking statements are based upon the Company’s present intent, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur for various reasons, including some reasons which are beyond the Company’s control. For this reason, among others, you should not place undue reliance upon the Company’s forward looking statements. Except as required by law, the Company undertakes no obligation to revise or update any forward looking statements in order to reflect any event or circumstance that may arise after the date of this Current Report.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Description
     
10.1   Securities Exchange Agreement, dated January 13, 2026, among the Company, Save Foods and Voice Assist (incorporated by reference to Exhibit 10.1 of the Current Report on Form 8-K filed by the Company with the SEC on January 13, 2026)
     
10.2   Services Agreement, dated January 13, 2026, between the Company and Voice Assist (incorporated by reference to Exhibit 10.2 of the Current Report on Form 8-K filed by the Company with the SEC on January 13, 2026)
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Nexentis Technologies Inc.
     
Date: March 17, 2026 By: /s/ David Palach
  Name: David Palach
  Title: Chief Executive Officer

 

 

FAQ

What transaction did Nexentis Technologies (NITO) complete with Voice Assist?

Nexentis completed a share exchange with Voice Assist. Nexentis transferred all its Save Foods shares, representing about 98% of Save Foods’ equity, to Voice Assist in return for Voice Assist common stock representing 19.99% of Voice Assist on a fully diluted basis after closing.

How much of Save Foods did Nexentis transfer in the Voice Assist deal?

Nexentis transferred nearly all of Save Foods. The company moved to Voice Assist all ordinary shares of Save Foods that it owned, representing approximately 98% of Save Foods’ issued and outstanding ordinary share capital, effectively giving up its majority ownership position.

What did Nexentis receive from Voice Assist in exchange for the Save Foods shares?

Nexentis received a minority equity stake in Voice Assist. Voice Assist issued Nexentis common stock equal to 19.99% of Voice Assist on a fully diluted basis, calculated immediately after closing, giving Nexentis ongoing exposure through Voice Assist shares instead of direct Save Foods ownership.

What are the key economic terms of Nexentis’ Services Agreement with Voice Assist?

The Services Agreement gives Nexentis multiple revenue channels. Nexentis provides advisory and related services to Voice Assist for deferred cash from future Voice Assist financings capped at $1,000,000, royalty consideration on defined “New Future Projects,” and a share of any “Ecolab Gross Proceeds.”

How long does the Nexentis–Voice Assist Services Agreement last?

The Services Agreement currently runs through calendar 2026. It includes successor obligations for royalty consideration and grants Nexentis extension rights until all agreed consideration is fully received, potentially extending the economic relationship beyond 2026 depending on payment timing.

Where can investors find the full Nexentis–Voice Assist agreements?

The detailed contracts are available as filed exhibits. The Securities Exchange Agreement is filed as Exhibit 10.1 and the Services Agreement as Exhibit 10.2, each incorporated by reference, allowing investors to review complete terms beyond the summarized descriptions.

Filing Exhibits & Attachments

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