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Nextech AR Solutions Corp. (NEXCF, NTAR, EP2) has announced that its common shares are now trading on the OTCQX® Best Market, enhancing visibility to U.S. investors. This upgrade signifies a key milestone as the OTCQX is designed for established companies meeting high financial standards and governance practices. CEO Evan Gappelberg stated this transition positions the company for success in 2023. Additionally, Nextech retains a 50% stake in the augmented reality platform ARway Corp., which operates under the symbols ARWYF and ARWY.
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Graduation from OTCQB to OTCQX enhances visibility to U.S. investors.
Nextech maintains a 50% stake in ARway Corp., which is positioned to disrupt the AR wayfinding market.
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Upgrades from OTCQB
TORONTO--(BUSINESS WIRE)--
Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that its common shares are now trading on the OTCQX® Best Market. The OTCQX® Best Market is the highest market tier of OTC Markets on which 12,000 U.S. and global securities trade. Trading on OTCQX® Best Market will enhance the visibility and accessibility of the Company to U.S. investors. Nextech's common shares will continue to trade on the Canadian Securities Exchange under the symbol NTAR, and on the Frankfurt Stock Exchange under the symbol EP2.
The OTCQX® Best Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX® Best Market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX® Best Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
Nextech AR’s CEO Evan Gappelberg commented, "As we close out 2022, we thought that up-lifting our shares would be a positive development and position us for success in 2023 and beyond. We are pleased to announce trading on the highest market tier of OTC Markets OTCQX® and expect this positive milestone to increase our visibility and appeal to institutional investors.”
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
About Nextech AR
Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors.
On October 26, 2022 Nextech AR spun out its spatial computing platform, “ARway” as a stand alone public Company. Nextech AR retained a control ownership in ARway Corp. with 13 million shares, or a 50% stake. ARway is currently listed on the Canadian Securities Exchange (CSNX:ARWY), in USA on the (OTC: ARWYF) and Internationally on the Frankfurt Stock Exchange (FSE: E65). ARway Corp. is disrupting the augmented reality wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
