# NOCERA, INC. (NCRA) — activist_campaign/cooperation_agreement [completed]
Source: SEC API (secapi.ai) · situation sit_ab77455b034953308822 · retrieved 2026-08-12T17:10:23.173Z

## Overview
Nocera, Inc. is a Nevada corporation listed on the Nasdaq Capital Market (ticker: NCRA) that has acquired controlling interest in QMAX Technology CO., LTD., a Taiwan-registered company.

On July 28, 2026, Nocera, Inc. entered into a series of Variable Interest Entity (VIE) agreements with Chien-Hua Tseng and QMAX Technology CO., LTD. to acquire a controlling interest in Tseng's 30% equity stake in the Taiwan-registered Domestic Company. Under the VIE structure, Tseng remains the registered legal owner, but Nocera obtains voting control, pledge security, an exclusive call option, and economic and operational control rights through a Voting Rights Proxy Agreement, Equity Pledge Agreement, Exclusive Call Option Agreement, and Exclusive Business Cooperation Agreement. As consideration, Nocera issued 300,000 restricted common shares valued at $1.36 per share (the closing price on July 27, 2026) for an aggregate purchase price of $408,000, with no cash paid. Each VIE agreement has an initial 10-year term with automatic one-year renewals unless Nocera provides 30 days' prior written notice of non-renewal, and only Nocera may terminate early.

## Terms
- Counterparty: Chien-Hua Tseng and QMAX Technology CO., LTD. · Deal value: $408,000 · Consideration: stock · Stake: 30% · Price/share: $1.36

## Key dates
- Completed 2026-07-28

## Timeline
- 2026-07-31 · 8-K (0001683168-26-005878): 8-K - NOCERA, INC. — *Nocera, Inc. is a Nevada corporation listed on the Nasdaq Capital Market (ticker: NCRA) that has acquired controlling interest in QMAX Technology CO., LTD., a Taiwan-registered company.* On July 28, 2026, Nocera, Inc. entered into a series of Variable Interest Entity (VIE) agreements with Chien-Hua Tseng and QMAX Technology CO., LTD. to acquire a controlling interest in Tseng's 30% equity stake in the Taiwan-registered Domestic Company. Under the VIE structure, Tseng remains the registered legal owner, but Nocera obtains voting control, pledge security, an exclusive call option, and economic and operational control rights through a Voting Rights Proxy Agreement, Equity Pledge Agreement, Exclusive Call Option Agreement, and Exclusive Business Cooperation Agreement. As consideration, Nocera issued 300,000 restricted common shares valued at $1.36 per share (the closing price on July 27, 2026) for an aggregate purchase price of $408,000, with no cash paid. Each VIE agreement has an initial 10-year term with automatic one-year renewals unless Nocera provides 30 days' prior written notice of non-renewal, and only Nocera may terminate early.
  https://www.sec.gov/Archives/edgar/data/1756180/0001683168-26-005878.txt

## Citations
- 0001683168-26-005878 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000168316826005878