Nextech3D.ai Announces CEO Evan Gappelberg Acquires 21,046338 Shares of Company Stock
Nextech3D.ai (OTCQX:NEXCF) has announced that CEO Evan Gappelberg will acquire 21,046,338 common shares at a deemed price of $0.065 per share, totaling approximately $1.37 million in satisfaction of outstanding indebtedness. This arrangement represents Gappelberg's decision to accept company shares instead of cash salary compensation for the past few years.
The shares will be subject to a four-month and one-day statutory hold period following issuance and require Canadian Securities Exchange approval. The company, established in 2018, specializes in augmented reality (AR) and artificial intelligence (AI) technologies, focusing on creating 3D WebAR photorealistic models for Amazon and other online retailers using patented 2D-3D technology.
Nextech3D.ai (OTCQX:NEXCF) ha annunciato che il CEO Evan Gappelberg acquisterà 21.046.338 azioni ordinarie a un prezzo ritenuto di $0,065 per azione, per un totale di circa $1,37 milioni, in soddisfazione di debitorie in sospeso. Questo accordo rappresenta la decisione di Gappelberg di accettare azioni della società invece di una compensazione salariale in denaro per gli ultimi anni.
Le azioni saranno soggette a un periodo di trattamento legale di quattro mesi e un giorno dopo l'emissione e richiederanno l'approvazione della Canadian Securities Exchange. La società, fondata nel 2018, si specializza in tecnologie di realtà aumentata (AR) e intelligenza artificiale (AI), concentrandosi sulla creazione di modelli fotorealistici 3D WebAR per Amazon e altri rivenditori online utilizzando una tecnologia brevettata 2D-3D.
Nextech3D.ai (OTCQX:NEXCF) ha anunciado que el CEO Evan Gappelberg adquirirá 21,046,338 acciones ordinarias a un precio estimado de $0.065 por acción, lo que suma aproximadamente $1.37 millones para saldar deudas pendientes. Este arreglo representa la decisión de Gappelberg de aceptar acciones de la empresa en lugar de salario en efectivo por los últimos años.
Las acciones estarán sujetas a un período de retención legal de cuatro meses y un día tras la emisión y requieren la aprobación de la Canadian Securities Exchange. La empresa, establecida en 2018, se especializa en tecnologías de realidad aumentada (AR) e inteligencia artificial (AI), enfocándose en crear modelos fotorealistas 3D WebAR para Amazon y otros minoristas en línea utilizando una tecnología patentada 2D-3D.
Nextech3D.ai (OTCQX:NEXCF)는 CEO 에반 가펠버그가 21,046,338 주식의 보통주를 주당 $0.065의 기준 가격으로 인수할 것이라고 발표했습니다. 총액은 약 $1.37 백만이며, 이는 미지급 채무의 정산을 위한 것입니다. 이 계약은 가펠버그가 지난 몇 년간 현금 급여 대신 회사 주식을 받기로 결정한 것을 나타냅니다.
주식은 발행 후 4개월과 1일의 법적 보유 기간이 있으며, 캐나다 증권 거래소의 승인이 필요합니다. 2018년에 설립된 이 회사는 증강 현실(AR)과 인공지능(AI) 기술을 전문으로 하며, 특허받은 2D-3D 기술을 사용하여 Amazon 및 기타 온라인 소매업체를 위한 3D WebAR 포토리얼리스틱 모델을 만드는 데 집중하고 있습니다.
Nextech3D.ai (OTCQX:NEXCF) a annoncé que le PDG Evan Gappelberg achètera 21 046 338 actions ordinaires à un prix jugé de 0,065 $ par action, soit un total d'environ 1,37 million $ pour régler des dettes en souffrance. Cet arrangement représente la décision de Gappelberg d'accepter des actions de l'entreprise plutôt qu'une rémunération en espèces pour les dernières années.
Les actions seront soumises à une période de blocage légale de quatre mois et un jour après leur émission et nécessiteront l'approbation de la Canadian Securities Exchange. Fondée en 2018, l'entreprise se spécialise dans les technologies de réalité augmentée (AR) et d'intelligence artificielle (AI), se concentrant sur la création de modèles photoréalistes 3D WebAR pour Amazon et d'autres détaillants en ligne en utilisant une technologie brevetée 2D-3D.
Nextech3D.ai (OTCQX:NEXCF) hat bekannt gegeben, dass CEO Evan Gappelberg 21.046.338 Stammaktien zu einem festgelegten Preis von 0,065 USD pro Aktie erwerben wird, was insgesamt etwa 1,37 Millionen USD zur Begleichung offener Verbindlichkeiten entspricht. Diese Vereinbarung zeigt Gappelbergs Entscheidung, Unternehmensanteile anstelle von Barauszahlungen für die letzten Jahre zu akzeptieren.
Die Aktien unterliegen nach der Emission einem gesetzlichen Halt von vier Monaten und einem Tag und bedürfen der Genehmigung durch die Canadian Securities Exchange. Das 2018 gegründete Unternehmen ist auf Technologien der erweiterten Realität (AR) und der künstlichen Intelligenz (AI) spezialisiert und konzentriert sich darauf, fotorealistische 3D WebAR-Modelle für Amazon und andere Online-Händler unter Verwendung einer patentierten 2D-3D-Technologie zu erstellen.
- CEO demonstrates confidence in company by accepting $1.37M in shares instead of cash salary
- Significant insider share acquisition of 21M+ shares at $0.065 per share
- Debt reduction through share issuance without cash expenditure
- Share issuance will result in dilution for existing shareholders
- Low share price valuation of $0.065 indicates challenging market conditions
TORONTO, ON / ACCESS Newswire / January 17, 2025 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), established in 2018, has been a pioneer in augmented reality (AR) and artificial intelligence (AI) technologies, and a leader in advanced 3D AI-driven solutions has entered into an agreement with the CEO of the Company to issue an aggregate of 21,046,338 common shares ("Shares") at a deemed price of
The Shares will be subject to a statutory hold period expiring on the date which is four months and one day following the date of issuance. The issuance of the Shares remains subject to the approval of the Canadian Securities Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
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January 22nd 12pm EST
Join CEO Evan Gappelberg as he discussed how all three companies-Nextech 3D.ai, Toggle3D.ai, and ARway-are united in their commitment to leveraging AI technology to enhance their platforms and deliver value to customers. Their aggressive launch schedules in 2025 aim to generate significant sales growth while setting a new benchmark for AI-powered solutions in ecommerce and the event industry.
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Nextech3D.ai
Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)
About Nextech3D.ai Nextech3D.ai or the "Company," (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for manufacturers with CAD files and for E-COMMERCE merchants. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology.
Forward-looking Statements 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.
SOURCE: Nextech3D.ai
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