NCRA

consumer discretionary

NOCERA, INC.

e commerce and aquacultureMicro Cap (<$300M)1 filings tracked

Signal Timeline

bullishApr 21

Raised over $10 million through convertible notes and preferred equity.

capital raise

85%

bearishApr 21

Gross margins are extremely thin at approximately 1.5%.

margin compression

80%

bearishApr 21

New debt and preferred stock are highly dilutive to existing shareholders.

dilution risk

90%

bearishApr 21

Facing Nasdaq bid-price deficiency and potential delisting.

regulatory action

70%

Filing History

10-KApr 21, 2026

Nocera, Inc. is at a critical crossroads, attempting to reinvent itself through a radical shift in business model and treasury management. The company has successfully moved away from capital-intensive aquaculture manufacturing toward a leaner e-commerce and fish trading structure, supported by a substantial influx of new capital. This restructuring has provided a much-needed liquidity cushion, yet it has simultaneously introduced new layers of complexity and risk. The synthesis of the company's current position reveals a high-beta turnaround story. On one hand, the strategic divestitures and capital raises have cleared the path for a more scalable business. On the other hand, the company is now tethered to the volatility of the cryptocurrency market and the looming threat of Nasdaq delisting. Success for Nocera will depend entirely on its ability to stabilize its razor-thin margins and maintain its cash runway while navigating the dilutive effects of its new debt structures.