Nexentis Technologies Inc. has entered into amendment agreements to modify outstanding warrants related to its loan facility and private placements. The amendments, effective September 29, 2026, were executed with the holders of all outstanding warrants issued in connection with (i) the company's loan facility with L.I.A. Pure Capital Ltd., originally entered into on October 1, 2024; (ii) a concurrent private placement conducted alongside a registered direct offering on June 15, 2026; and (iii) a concurrent private placement conducted alongside a registered direct offering on June 24, 2026.
The Amended Warrants remove specific provisions that resulted in liability classification for accounting purposes. The company believes these changes allow the warrants to qualify for equity classification under applicable accounting guidance. The amendments did not increase the number of shares available for exercise, extend the term of the warrants, or provide additional economic consideration to the holders.
The changes are intended to assist the company in regaining compliance with Nasdaq Listing Rule 5550(b)(1). The filing includes exhibits detailing the forms of the Amendment Agreements and the Amended and Restated Warrants for the L.I.A. Pure Capital Ltd. facility and the two private placements.
