GlobeNewswire·Nov 9, 2026, 7:07 AM ET

Nexera Technologies Completes Sale of KeepZone AI to a Global Aerospace and Defense Company for up to $6.5 million

Nexera Technologies Ltd completed the sale of its wholly owned subsidiary, KeepZone AI Inc., to a global aerospace and defense company on November 9, 2026.
The total transaction value includes approximately $1.5 million in Acquiror securities issued at closing plus up to $5 million in potential cash earn-out consideration based on KeepZone's net profit over the following 24 months.
The initial purchase price was amended from $1 million to $1,539,800, with payment made entirely in Acquiror securities.
Nexera's beneficial ownership limitation in the Acquiror was increased from 4.9% to 9.99% prior to closing.
The earn-out payment equals 50% of KeepZone's positive cumulative after-tax net profit generated during the 24-month period following closing, subject to a maximum cap of $5 million payable in cash within 90 days after the period ends.
The transaction was executed on a cash-free, debt-free basis, with KeepZone's available cash transferred to Nexera before closing.
Securities issued as consideration are unregistered under the Securities Act of 1933, though the Acquiror may file a resale registration statement at its sole discretion.
Nexera continues to operate legacy e-commerce activities through subsidiaries such as Smart Repair Pro, Top Rank Ltd, Fort Products Limited, Fort Technology, while retaining strategic involvement in related operations.