• Nexscient issued 816,000 restricted common shares on June 25, 2026, in an unregistered sale to settle USD 204,000 of accrued wages.
• Shares were issued at a deemed price of USD 0.25 each, implying USD 204,000 of equity consideration.
• Issuance went to two executive officers: CEO Fred E. Tannous received 456,000 shares; COO Tarek Shoufani received 360,000 shares.
• Stock-for-wages transaction was used to conserve cash for operations, strategic initiatives, and a planned uplisting to a national exchange.
• Sale relied on a Securities Act Section 4(a)(2) exemption; shares are restricted securities under Rule 144.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexscient Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004073), on June 29, 2026, and is solely responsible for the information contained therein.