O a sta dalo e basis, ARway ge e ated eve ue of app oximately
Nextech a d ARway a e pleased to joi tly a ou ce that they have e te ed i to a defi itive ag eeme t dated
Nextech cu e tly ow s app oximately
ARway ow s
By i teg ati g ARway a d Map D di ectly i to Nextech, ma ageme t believes the Compa y will be bette positio ed to accele ate p oduct i ovatio , elimi ate duplicate ove head, imp ove ope atio al efficie cy, a d delive a mo e comp ehe sive AI-powe ed eve t tech ology platfo m.
The combi ed tech ology stack will spa :
Eve t egist atio a d ticketi g
I te active floo pla s
Exhibito ma ageme t
AI-powe ed atte dee matchmaki g
AR a d AI avigatio
Mobile eve t e gageme t
Payme t p ocessi g
Blockchai ticketi g
3D modeli g a d spatial computi g
“This t a sactio is about simplificatio , scale, a d value c eatio . By co solidati g 100% ow e ship of ARway, we a e b i gi g togethe tech ologies that a e highly compleme ta y a d st ategically impo ta t to ou futu e. The esult is a mo e u ified compa y, a st o ge p oduct offe i g, a d a clea e path towa d g owi g ecu i g SaaS eve ue. We believe this positio s Nextech to accele ate i ovatio while c eati g g eate lo g-te m value fo sha eholde s.”
Ma ageme t of Nextech believes completio of the acquisitio will fu the st e gthe Nextech’s positio as a AI-fi st tech ology compa y focused o eve t tech ology, spatial computi g, augme ted eality, a d digital e gageme t solutio s.
As the Compa y adva ces towa d the a ticipated Octobe 2026 closi g, Nextech emai s focused o i teg ati g its tech ology po tfolio, expa di g ecu i g SaaS eve ue oppo tu ities, a d c eati g lo g-te m sha eholde value th ough a mo e st eamli ed a d ope atio ally efficie t busi ess.
38,641,161 ARway Sha es a e cu e tly outsta di g.236,660,791 Nextech Sha es a e cu e tly outsta di g.A agg egate of app oximately
19,866,921 Nextech Sha es will be issuable as co side atio fo the T a sactio .Deemed value of
$0.065 pe ARway Sha e a d$0.12 pe Nextech Sha e .Excha ge atio of app oximately
0.5141388221 Nextech Sha es fo each o e (1) ARway Sha e (the “Excha ge Ratio “).
Pu sua t to the Defi itive Ag eeme t, the T a sactio will p oceed by way of a
All Nextech Sha es acqui ed by Nextech as a existi g sha eholde of ARway pu sua t to the T a sactio will be ca celled immediately followi g completio of the T a sactio .
The e a e ot expected to be a y cha ges to the ma ageme t of eithe Nextech o ARway as a esult of the T a sactio . The ARway Sha es will be delisted f om the Ca adia Secu ities Excha ge upo completio of the T a sactio .
Completio of the T a sactio emai s subject to:
App oval by ARway sha eholde s;
App oval of the Ca adia Secu ities Excha ge; a d
Satisfactio of customa y closi g co ditio s.
A otice of meeti g a d ma ageme t i fo matio ci cula co tai i g full details of the T a sactio will be filed o SEDAR+ i due cou se.
The e ca be o assu a ce that the T a sactio will be completed as p oposed, o at all.
Fu the details ega di g the p oposed T a sactio will be i cluded i a disclosu e docume t to be p epa ed a d filed i co ectio with the T a sactio . I vesto s a e cautio ed that, except as disclosed i such disclosu e docume t, a y i fo matio eleased o eceived with espect to these matte s may ot be accu ate o complete a d should ot be elied upo .
Nextech3D.ai is a AI-fi st tech ology compa y focused o t a sfo mi g e gageme t th ough a tificial i tellige ce, eve t tech ology, spatial computi g, augme ted eality, a d imme sive digital expe ie ces.
Th ough its po tfolio of e te p ise softwa e, AI solutio s, a d eve t tech ology platfo ms, Nextech helps o ga izatio s c eate mo e e gagi g a d p oductive expe ie ces fo custome s, employees, a d eve t pa ticipa ts.
Fo mo e i fo matio :
The Ca adia Secu ities Excha ge has ot eviewed a d does ot accept espo sibility fo the adequacy o accu acy of this ews elease.
Ce tai i fo matio co tai ed he ei may co stitute “fo wa d-looki g i fo matio ” withi the mea i g of applicable Ca adia secu ities legislatio . This ews elease co tai s fo wa d-looki g stateme ts elati g to, amo g othe thi gs, the a ticipated completio of the acquisitio of the emai i g outsta di g sha es of ARway, the expected timi g of closi g, a ticipated st ategic a d ope atio al be efits, futu e eve ue oppo tu ities, a d g owth i itiatives.
Ge e ally, fo wa d-looki g i fo matio ca be ide tified by the use of fo wa d-looki g te mi ology such as “will,” “expects,” “a ticipates,” “believes,” o va iatio s of such wo ds a d ph ases. 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 by such stateme ts.
The e ca be o assu a ce that the T a sactio will be completed as p oposed, o at all, o that the a ticipated be efits of the T a sactio will be ealized.
Acco di gly, eade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts. Neithe Nextech o ARway u de takes a y obligatio to update o evise a y fo wa d-looki g i fo matio , except as equi ed by applicable secu ities laws.
