Nocera, Inc. Hires CFO; Enters AI Consulting Agreement

What Happened

• Nocera, Inc. filed an 8-K dated August 19, 2026 reporting two material agreements effective August 17, 2026: an employment agreement hiring Shun‑Chih Chuang as Chief Financial Officer and a two‑year consulting agreement with Chien‑Hua Tseng to advise on AI module strategy and product roadmap.

Key Details

• CFO hire: Shun‑Chih Chuang will serve as CFO for an initial two‑year term (through Aug 16, 2028), with a salary of $84,000 per year payable monthly.
• CFO equity: The Company issued 100,000 shares of common stock to Mr. Chuang immediately and will issue an additional 100,000 shares at the start of year two; shares are unregistered and subject to transfer restrictions.
• Consulting deal: Chien‑Hua Tseng will provide AI strategy and product advisory services under a two‑year consulting agreement. 50,000 shares were issued on Aug 17, 2026 and 50,000 more are issuable on Aug 17, 2027 if services continue. Each tranche vests upon issuance and is issued without an exercise price.
• Termination rights: The Company may terminate the consulting agreement on 5 working days’ notice; the contractor may terminate with 30 days’ notice. The employment agreement includes standard confidentiality, non‑solicit and invention‑assignment covenants and lists various termination events (including 30‑day notice without cause).

Why It Matters

• These agreements affect Nocera’s leadership and equity structure: the company has added a full‑time CFO at a modest cash salary while compensating both the CFO and the AI consultant primarily with stock. For investors, that signals management is building in‑house finance capability and strengthening AI product strategy while conserving cash by using equity compensation. The specific share issuances and timing are material to dilution and insider holdings.