Associates of Chief Executive Office Eva Gappelbe g a d Chief Fi a cial Office A um Waqas have subsc ibed fo mo e tha $400,000 combi ed i the Offe i g, ep ese ti g mo e tha half of the total g oss p oceeds.
“Ou i vestme t i this fi a ci g eflects ou co fide ce i Nextech3D.ai’s lo g-te m st ategy a d ou commitme t to i vesti g alo gside ou sha eholde s,” said Eva Gappelbe g, Chief Executive Office of Nextech3D.ai. “We a e focused o g owi g eve ue, expa di g ou ecu i g softwa e busi ess a d leve agi g AI ac oss ou eve t tech ology platfo ms to d ive e te p ise adoptio a d c eate ew eve ue oppo tu ities. The p oceeds f om this fi a ci g will suppo t ou wo ki g capital eeds as we co ti ue executi g o these p io ities.”
Each U it co sists of o e commo sha e of the Compa y (a “Commo Sha e”) a d o e commo sha e pu chase wa a t (a “Wa a t”). Each Wa a t e titles its holde to acqui e o e additio al Commo Sha e at a exe cise p ice of $0.07 pe sha e fo th ee yea s f om the closi g date.
If the closi g p ice of the Commo Sha es o the Ca adia Secu ities Excha ge (the “CSE”) equals o exceeds $0.15 fo te co secutive t adi g days at a y time afte the date that is fou mo ths a d o e day followi g closi g, the Compa y may accele ate the expi y date of the Wa a ts to the date that is 30 days followi g issua ce of a p ess elease a ou ci g such accele atio .
The Compa y i te ds to use the et p oceeds of the Offe i g fo ge e al wo ki g capital a d co po ate pu poses.
Secu ities issued a d issuable u de the Offe i g will be subject to a statuto y hold pe iod of fou mo ths a d o e day f om the closi g date u de applicable Ca adia secu ities laws, expi i g o Ma ch 10, 2027. The Offe i g emai s subject to the fi al app oval of the CSE.
This ews elease does ot co stitute a offe to sell o a solicitatio of a offe to buy a y secu ities i the U ited States. The secu ities have ot bee a d will ot be egiste ed u de the U ited States Secu ities Act of 1933, as ame ded, o a y state secu ities laws, a d may ot be offe ed o sold i the U ited States o to, o fo the accou t o be efit of, U.S. pe so s abse t egist atio o a applicable exemptio f om egist atio equi eme ts.
The Compa y also wishes to co ect its Novembe 3, 2026 a ou ceme t co ce i g issua ce of 1,000,000 Commo Sha es at a deemed p ice of $0.14 pe sha e to a se vice p ovide i satisfactio of amou ts owi g. The o igi al a ou ceme t i dicated that the statuto y hold pe iod applicable to such Commo Sha es expi es o Ma ch 1, 2027 howeve the co ect date is Ma ch 7, 2027.
Nextech3D.ai is a AI-fi st tech ology compa y focused o developi g a d comme cializi g tech ology solutio s ac oss eve t tech ology, i te active mappi g, e gageme t a d e te p ise applicatio s. Its po tfolio i cludes Eve tdex, Map D, K aftyLab a d KATE, which fo m the fou datio of the Compa y’s evolvi g AI-fi st e te p ise softwa e st ategy. Fo mo e i fo matio , visit www. extecha .com.
This p ess elease co tai s fo wa d-looki g i fo matio a d fo wa d-looki g stateme ts withi the mea i g of applicable secu ities laws, i cludi g stateme ts ega di g the i te ded use of p oceeds of the Offe i g, the exe cise a d pote tial accele atio of the Wa a ts, fi al accepta ce of the Offe i g by the CSE a d the Compa y’s busi ess st ategy.
Fo wa d-looki g stateme ts a e based o ma ageme t’s cu e t expectatio s a d assumptio s a d a e subject to k ow a d u k ow isks, u ce tai ties a d othe facto s that could cause actual esults to diffe mate ially f om those exp essed o implied, i cludi g the isk that the p oceeds of the Offe i g may be used othe tha as cu e tly i te ded, the availability of additio al capital, ma ket co ditio s, a d busi ess a d ope atio al isks.
Reade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts. The Compa y u de takes o obligatio to update fo wa d-looki g stateme ts except as equi ed by applicable secu ities laws.
View the o igi al p ess elease o ACCESS Newswi e
