Nextech3D.ai Announces Closing of First Tranche of Private Placement For $475,000
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) has closed the first tranche of its private placement, raising $475,000 by issuing 4,750,000 units at $0.10 per unit. Each unit comprises one common share and one warrant, exercisable at $0.15 for 24 months. The company may accelerate the warrant expiry if the stock price exceeds $0.30 for ten consecutive trading days. Proceeds will be used for working capital and general corporate purposes. The company paid $5,600 in finder's fees and issued 56,000 broker warrants. Securities are subject to a four-month hold period. The offering remains subject to regulatory approvals, including from the Canadian Securities Exchange.
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) ha chiuso la prima tranche del suo collocamento privato, raccogliendo 475.000 dollari emettendo 4.750.000 unità a 0,10 dollari per unità. Ogni unità comprende una azione comune e un warrant, esercitabile a 0,15 dollari per 24 mesi. L'azienda può accelerare la scadenza del warrant se il prezzo delle azioni supera 0,30 dollari per dieci giorni di negoziazione consecutivi. I proventi verranno utilizzati per capitale circolante e scopi aziendali generali. L'azienda ha pagato 5.600 dollari di commissioni per il finder e ha emesso 56.000 warrant per i broker. I titoli sono soggetti a un periodo di blocco di quattro mesi. L'offerta rimane soggetta ad approvazioni regolamentari, inclusa quella dall'Exchange canadese delle securities.
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) ha cerrado la primera tranche de su colocación privada, recaudando 475,000 dólares mediante la emisión de 4,750,000 unidades a 0.10 dólares por unidad. Cada unidad comprende una acción común y un warrant, que se puede ejercer a 0.15 dólares durante 24 meses. La empresa puede acelerar la fecha de vencimiento del warrant si el precio de las acciones excede los 0.30 dólares durante diez días hábiles consecutivos. Los ingresos se utilizarán para capital de trabajo y fines corporativos generales. La compañía pagó 5,600 dólares en comisiones al intermediario y emitió 56,000 warrants para corredores. Los valores están sujetos a un período de retención de cuatro meses. La oferta sigue sujeta a aprobaciones regulatorias, incluida la del Canadian Securities Exchange.
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS)는 프라이빗 플레이스먼트의 첫 번째 트랜치를 마감했습니다, 475,000 달러를 모금하며 4,750,000 유닛을 유닛당 0.10 달러에 발행했습니다. 각 유닛은 하나의 보통주와 하나의 워런트를 포함하며, 24개월 동안 0.15달러에 행사 가능합니다. 회사는 주가가 0.30 달러를 10거래일 연속 초과할 경우 워런트 만료를 가속화할 수 있습니다. 수익금은 운영 자본 및 일반 기업 용도에 사용될 것입니다. 회사는 5,600 달러의 중개 수수료를 지급하고 56,000 개의 중개인 워런트를 발행했습니다. 증권은 4개월의 유예기간이 적용됩니다. 이 제안은 캐나다 증권 거래소를 포함한 규제 승인의 대상이 됩니다.
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) a fermé la première tranche de son placement privé, levant 475 000 dollars en émettant 4 750 000 unités à 0,10 dollar par unité. Chaque unité se compose d'une action ordinaire et d'un warrant, pouvant être exercé à 0,15 dollar pendant 24 mois. La société peut accélérer l'expiration du warrant si le prix de l'action dépasse 0,30 dollar pendant dix jours de négociation consécutifs. Les recettes seront utilisées pour le fonds de roulement et des besoins d'entreprise généraux. La société a payé 5 600 dollars de frais de courtage et a émis 56 000 warrants pour courtiers. Les titres sont soumis à une période de blocage de quatre mois. L'offre reste soumise à des approbations réglementaires, y compris celle de la Bourse canadienne des valeurs mobilières.
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) hat die erste Tranche seiner Privatplatzierung abgeschlossen und 475.000 Dollar durch die Ausgabe von 4.750.000 Einheiten zu einem Preis von 0,10 Dollar pro Einheit gesammelt. Jede Einheit besteht aus einer Stammaktie und einem Warrant, der für 0,15 Dollar über einen Zeitraum von 24 Monaten ausgeübt werden kann. Das Unternehmen kann das Ablaufdatum der Warrants beschleunigen, wenn der Aktienkurs 0,30 Dollar an 10 aufeinanderfolgenden Handelstagen überschreitet. Die Erlöse werden für Betriebs- und allgemeine Unternehmenszwecke verwendet. Das Unternehmen hat 5.600 Dollar an Vermittlungsgebühren gezahlt und 56.000 Broker-Warrants ausgegeben. Die Wertpapiere unterliegen einer viermonatigen Haltefrist. Das Angebot steht weiterhin unter dem Vorbehalt regulatorischer Genehmigungen, einschließlich der Genehmigung durch die Canadian Securities Exchange.
- Raised $475,000 in the first tranche of private placement
- Potential for additional capital through warrant exercise at $0.15 per share
- Flexibility to accelerate warrant expiry if stock price performs well
- Dilution of existing shareholders due to issuance of new shares
- Low unit price of $0.10 may indicate challenging market conditions or low investor confidence
- Additional expenses incurred through finder's fees and broker warrants
TORONTO, ON / ACCESSWIRE / September 25, 2024 / Nextech3D.AI (the "Company") (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) is pleased to announce that it has closed the first tranche of its previously announced private placement (the "Offering") pursuant to which it has issued an aggregate of 4,750,000 units ("Units") at a price of
Each Unit will be comprised of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"); with each whole Warrant exercisable to acquire one additional Share at a price of
The net proceeds from the Offering will be used for working capital and general corporate purposes. The Company will pay a cash finders fee of
The Offering remains subject to the receipt of all regulatory approvals, including 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.
The net proceeds from the Offering will be used for working capital and general corporate purposes. The Company paid a finders fee of
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.
About Nextech3D.ai
The Company is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models as a Amazon ECP for 3D models as well as many other online retailers. The Company develops or acquires what it believes are disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out.
To learn more, please visit our website: https://www.nextechar.com.
For further information, please contact:
Nextech3D.AI
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
Disclaimer for Forward-Looking Information
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the anticipated size and timing of Offering, insider participation in the Offering, and the receipt of all applicable approvals in connection therewith.
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of the Company. Such statements can generally, but not always, be identified by words such as "expects", "plans", "anticipates", "intends", "estimates", "forecasts", "schedules", "prepares", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. All statements that describe the Company's plans relating to operations and potential strategic opportunities are forward-looking statements under applicable securities laws. These statements address future events and conditions and are reliant on assumptions made by the Company's management, and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions underlying the forward-looking information, actual results could materially differ from those currently projected, and there is no representation by the Company that the actual results realized in the future will be the same in whole or in part as those presented herein. The Company disclaims any intent or obligation to update forward-looking statements or information except as required by law. Readers are referred to the additional information regarding the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results not to be as anticipated, estimated or intended. For more information on the Company and the risks and challenges of its business, investors should review the Company's filings that are available at www.sedar.com.
The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any for-ward looking statements, other than as required by law.
SOURCE: Nextech3D.ai
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FAQ
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