The MSDS says it's a thick, slow-cure CA (cyanoacylate) glue. Nothing new. Should be fine.
http://go.rockler.com/tech/20130816SM301.Nexabond-2500-Combined-SDS.PDF

Over the years I've used about a gallon of CA building balsa airplanes. It works really great on soft wood like balsa. Hard wood like maple.....not so much. It will stick hard wood together but shears very easily.

On my last kayak build, I used thin CA around the holes I had drilled in the gunwales to mount the foot rests. Applying CA to the hole and letting it dry hardens all the wood around it and won't let the mounting bolt crush into the gunwale.

CA is an awesome glue....when CA is setting.....don't smell the fumes ...or get the fumes in your eyes.....very toxic...