Nexentis Technologies Inc. (formerly N2OFF, Inc.) has successfully completed the acquisition of Save Foods, Inc., a majority-owned subsidiary, by transferring approximately 98% of its ordinary shares to Voice Assist, Inc. This transaction, finalized on March 15, 2026, was executed under a Securities Exchange Agreement that includes customary representations and warranties. In exchange for the shares, Nexentis received a significant stake in Voice Assist, amounting to 19.99% of the company on a fully-diluted basis. This strategic move is expected to enhance Nexentis's operational capabilities and market position, reflecting a positive outlook for future growth. The acquisition aligns with Nexentis's strategy to expand its portfolio and leverage synergies with Voice Assist, potentially leading to increased revenue streams and shareholder value. The company also entered into a Services Agreement with Voice Assist, which will provide advisory and support services, further solidifying their partnership. This acquisition is anticipated to have a noticeable positive effect on Nexentis's stock price as it positions the company for future growth opportunities.
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