Nocera Inc. has announced a significant milestone in its expansion efforts with the initial closing of its Series B Convertible Non-Voting Preferred Stock, raising approximately $3.15 million. This strategic financial move positions the company to potentially raise up to $13 million, enhancing its financial flexibility and supporting its global expansion initiatives. The proceeds from this financing will be directed towards international acquisitions, strategic partnerships, and core business growth. The Board of Directors highlighted this development as a crucial step in accelerating Nocera's global strategic initiatives, aiming to deliver sustained value to shareholders.
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