Nextech3D.ai Announces Repricing of Proposed Placement
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) has announced a repricing of its proposed non-brokered private placement. The company now plans to issue up to 28,000,000 units at C$0.10 per unit, aiming to raise up to C$2,800,000. Each unit consists of one common share and one warrant, with each 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 offering includes an 8% cash finder's fee and 8% broker warrants for eligible registrants. The transaction is subject to regulatory approvals, including from the Canadian Securities Exchange.
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) ha annunciato un aggiornamento del prezzo della sua offerta di collocamento privato senza intermediari. L'azienda prevede ora di emettere fino a 28.000.000 unità a C$0,10 per unità, con l'obiettivo di raccogliere fino a C$2.800.000. Ogni unità consiste in un'azione ordinaria e un warrant, con ciascun warrant esercitabile a $0,15 per 24 mesi. L'azienda può accelerare la scadenza del warrant se il prezzo delle azioni supera $0,30 per dieci giorni di negoziazione consecutivi. I proventi saranno utilizzati per il capitale operativo e per scopi aziendali generali. L'offerta include una commissione in contante dell'8% per il mediatore e warrant per broker dell'8% per i registranti idonei. La transazione è soggetta ad approvazioni regolatorie, compresa quella della Borsa canadese.
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) ha anunciado un reajuste en el precio de su colocación privada no intermediada. La compañía ahora planea emitir hasta 28,000,000 unidades a C$0.10 por unidad, con el objetivo de recaudar hasta C$2,800,000. Cada unidad consiste en una acción común y un warrant, con cada warrant ejercitable a $0.15 durante 24 meses. La compañía puede acelerar la expiración del warrant si el precio de las acciones supera $0.30 durante diez días de negociación consecutivos. Los ingresos se utilizarán para capital de trabajo y fines corporativos generales. La oferta incluye una comision de búsqueda en efectivo del 8% y warrants para corredores del 8% para registrantes elegibles. La transacción está sujeta a aprobaciones regulatorias, incluida la de la Bolsa de Valores de Canadá.
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS)가 비중개 사모 배치의 가격 조정을 발표했습니다. 이 회사는 이제 28,000,000 유닛을 C$0.10 유닛당 발행할 계획이며, 최대 C$2,800,000를 모금하는 것을 목표로 하고 있습니다. 각 유닛은 하나의 보통주와 하나의 워런트로 구성되며, 각 워런트는 $0.15로 24개월 동안 행사할 수 있습니다. 주가가 연속 10 거래일 동안 $0.30를 초과할 경우, 회사는 워런트 만료를 가속화할 수 있습니다. 수익금은 운영 자본 및 일반 기업 목적에 사용될 것입니다. 이 제안에는 적격 등록자에 대한 8% 현금 중개 수수료와 8% 중개인 워런트가 포함됩니다. 거래는 캐나다 증권 거래소를 포함한 규제 승인의 대상입니다.
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) a annoncé un remaniement de son placement privé proposé sans intermédiaire. La société prévoit maintenant d'émettre jusqu'à 28.000.000 d'unités au prix de C$0,10 par unité, dans le but de lever jusqu'à C$2.800.000. Chaque unité se compose d'une action ordinaire et d'un warrant, chaque warrant étant exerçable à $0,15 pendant 24 mois. L'entreprise peut accélérer l'expiration du warrant si le prix de l'action dépasse $0,30 pendant dix jours de négociation consécutifs. Les produits seront utilisés pour le fonds de roulement et les besoins généraux de l'entreprise. L'offre comprend des frais de recherche en espèces de 8 % et des warrants pour courtiers de 8 % pour les enregistrants éligibles. La transaction est soumise à des approbations réglementaires, y compris celle de la Bourse canadienne.
Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) hat eine Neufestsetzung des Preises für seine nicht-brokered Privatplatzierung bekannt gegeben. Das Unternehmen plant nun, bis zu 28.000.000 Einheiten zu einem Preis von C$0,10 pro Einheit auszugeben, mit dem Ziel, bis zu C$2.800.000 zu sammeln. Jede Einheit besteht aus einer Stammaktie und einem Warrant, der zu $0,15 über einen Zeitraum von 24 Monaten ausgeübt werden kann. Das Unternehmen kann das Ablaufdatum des Warrants beschleunigen, wenn der Aktienkurs zehn aufeinanderfolgende Handelstage lang $0,30 übersteigt. Die Erlöse werden für Betriebskapital und allgemeine Unternehmenszwecke verwendet. Das Angebot beinhaltet eine 8%ige Barauszahlungsprovision für Vermittler sowie 8% Broker-Warrants für berechtigte Anmelder. Die Transaktion unterliegt den behördlichen Genehmigungen, einschließlich der der Canadian Securities Exchange.
- Potential to raise up to C$2,800,000 in capital
- Warrants provide potential for additional future funding at $0.15 per share
- Acceleration clause allows the company to potentially convert warrants earlier if stock performs well
- Repricing of the offering suggests possible lack of investor interest at the previous price
- Significant dilution for existing shareholders due to large number of new units being issued
- Low unit price of C$0.10 may indicate weak market perception or financial position
TORONTO, ON / ACCESSWIRE / September 6, 2024 / Nextech3D.AI (the "Company") (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) is pleased to announce that further to the Company's press release dated August 16, 2024, the Company proposes to reprice the financing and complete a non-brokered private placement (the "Offering") pursuant to which it will issue up to 28,000,000 units ("Units") at a price of C
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.
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 E-COMMERCE. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers.
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or 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, 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 forward-looking statements, other than as required by law.
SOURCE: Nextech3D.AI
View the original press release on accesswire.com
FAQ
What is the new pricing for Nextech3D.AI's (NEXCF) private placement offering?
How much does Nextech3D.AI (NEXCF) aim to raise through this repriced offering?
What are the terms of the warrants in Nextech3D.AI's (NEXCF) September 2024 offering?
How will Nextech3D.AI (NEXCF) use the proceeds from the September 2024 private placement?
