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Toggle3D AI Inc (TGGLF) is a pioneer in AI technology, offering revolutionary SaaS solutions that harness generative AI to convert CAD files, apply stunning 4K texturing, and seamlessly publish superior 4K 3D models. The company has recently established a new business unit targeting the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs. Led by former META & Microsoft Executive Hareesh Achi, the initiative aims to transform CAD files into lightweight, web-friendly 4K 3D quad meshes using the GPT AI CAD to 3D texturing platform. Toggle3D intends to license this platform globally, while Nextech3D will handle sales and marketing. The strategic move to license GPT AI tech aims to remove barriers in accessing high-quality 3D modeling technology, making it affordable and scalable.
With a focus on integrating GPT AI CAD-3D Models, Blockchain Technology, and NFTs in the jewelry industry, Toggle3D aims to enhance authenticity, ownership, and engagement. The synergy of these technologies enables personalized and immersive shopping experiences, authenticating ownership of both physical and digital jewelry pieces. NFTs create unique digital ownership certificates, enhancing exclusivity and personalization in the jewelry industry. The integration of 3D modeling, blockchain, and NFTs offers new revenue streams, enhances customer experiences, and promotes ethical and sustainable practices.
Additionally, Toggle3D has announced the launch of AI-powered solutions for 3D product design, expanding its capabilities in proprietary AI algorithms. The company continues to innovate and drive growth by offering cutting-edge tools and technologies that empower users with unmatched creativity and productivity in the 3D modeling space.
Evan Gappelberg has acquired 2,566,666 common shares of Toggle3D.AI Inc. through a private placement transaction on February 21, 2025. This acquisition represents approximately 6.7% of all issued and outstanding shares of the company.
Prior to the acquisition, Gappelberg held 1,559,718 shares and convertible securities for an additional 750,000 shares, representing about 4.3% of outstanding shares (6.4% if converted). Following the acquisition, he now holds 4,126,384 shares plus the convertible securities, representing approximately 10.8% of outstanding shares (12.5% if converted).
The acquisition was conducted outside stock exchange facilities, and the holdings are managed for investment purposes. The acquirer may increase or decrease their investment position based on market conditions or other factors.
Toggle3D.Ai (CSE:TGGL)(OTC:TGGLF) has announced the completion of a share issuance to CEO Evan Gappelberg, consisting of 2,566,666 common shares at a deemed price of CAD$0.06 per share. The issuance was made in consideration of outstanding indebtedness owing to the CEO.
The issued shares are subject to a four-month holding period ending June 21, 2025, in compliance with securities regulations. The company states this move is part of their strategy to align leadership interests with shareholders and promote long-term value creation.
Toggle3D.Ai Inc. (CSE:TGGL)(OTC:TGGLF) has announced a change in its fiscal year-end from January 31 to March 31. This change aims to better align the company's financial statement and continuous disclosure requirements with its affiliates, streamlining reporting obligations.
The company plans to file its annual disclosures in late July 2025, which will cover a 14-month period ending March 31, 2025. These disclosures will include audited financial statements in accordance with National Instrument 51-102. Further details about the fiscal year-end change and interim reporting procedures will be available in the Company's Notice of Change of Financial Year-End on SEDAR.
Toggle3D.ai (CSE:TGGL)(OTC:TGGLF) has announced that CEO Evan Gappelberg has acquired 2,566,666 common shares at a deemed price of $0.06 per share, totaling $154,000. This share issuance was made in lieu of cash salary compensation for the past few years.
The shares will be subject to a statutory hold period of four months and one day following issuance, pending approval from the Canadian Securities Exchange. Toggle3D.ai specializes in AI-powered tools for the ecommerce industry, with their ToggleStudios' AI photography system creating hyper-realistic product images from 2D images and 3D models.
Toggle3D.ai (OTCQB:TGGLF) has announced significant changes in its leadership and stock options issuance. The company has appointed Evan Gappelberg as CEO, replacing Hareesh Achi with immediate effect. Additionally, the company issued several stock options: 50,000 two-year options at $0.095/share to new board member Peter Bloch, 500,000 two-year options at $0.095/share to CFO Anum Wagas, and 50,000 two-year options at $0.095/share to board member Anthony Pizzonia.
Peter Bloch joins the board with extensive experience as a CPA and CA, having previously served as CEO of BresoTEC Inc. and Bionik Laboratories. His track record includes significant roles at Sanofi Canada, Intellivax Inc., Tribute Pharmaceuticals, Gennum , and Just Energy, managing companies with revenues up to $2 billion.
Toggle3D.ai (TGGLF) has announced contingency measures for shareholders regarding the upcoming annual general meeting on January 17, 2025, due to potential disruptions from the ongoing Canada Post strike. While meeting materials may face delivery delays, shareholders can access documents electronically via SEDAR+ and the company's website.
The company has established alternative voting methods: registered shareholders can contact Computershare for voting control numbers, while those holding shares through intermediaries should contact their brokers. Shareholders can request meeting materials directly from the CFO via email or phone at no charge.
Toggle3D.ai (OTCQB:TGGLF) announced changes to its Board of Directors. Board member Belinda Tyldesley has departed for personal reasons, and the company has appointed Peter Bloch as her replacement. Bloch brings extensive executive experience, including roles as CEO of BresoTEC Inc. and Bionik Laboratories. He is a CPA with a 25-year track record in building technology companies, particularly in life sciences.
Bloch's notable positions include CFO roles at Sanofi Canada, Intellivax Inc. (sold for $1.75B to GlaxoSmithKline), Tribute Pharmaceuticals, Gennum , and Just Energy. He has managed companies ranging from startups to $2B+ revenue enterprises and serves as an advisor to Mars Discovery District.
Toggle.ai announces the integration of its FOTOgpt.ai Studio into ARway.ai's Map Dynamics (MapD) platform, extending AI photography capabilities to over 400 enterprise clients. The integration enables MapD's event management platform users to create professional-grade visual content for trade shows, conferences, and expos.
The partnership aims to generate new revenue streams by offering AI-driven photography tools to event organizers, exhibitors, and sponsors. MapD's client base includes notable organizations like American Tradeshow Services, ISACA, AAPC, and NACE, with strategic partnerships including IAEE, TNSAE, and AENC.
Toggle3D.ai has announced its rebranding as FOTOgpt.ai, focusing on AI-powered photography solutions. The company plans to launch an API plugin in December 2024 and a standalone mobile app in Q1 2025. The platform offers automated image generation capabilities, producing high-resolution images (1K to 4K) within minutes. Key features include low-cost operations, instant results, versatile product angles, and e-commerce optimization. The system uses a pay-as-you-go credit model and is designed for both professional photographers and casual users, particularly targeting e-commerce merchants on platforms like Amazon, Etsy, and eBay.
Toggle3D.ai has launched its new Photo Studio API, a scalable tool for AI-powered image processing and editing. The API offers features including image retouching, background removal, color adjustments, and automated editing workflows, with support for bulk operations processing thousands of images simultaneously. The solution targets e-commerce, social media, marketing, and creative industries, providing high-quality image production with minimal latency. The API includes function calling for third-party tool integration and offers flexible pricing based on API call volume.
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