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CEO Acquires Securities of Toggle3D.Ai Inc.

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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.

Evan Gappelberg ha acquisito 2.566.666 azioni ordinarie di Toggle3D.AI Inc. tramite una transazione di collocamento privato il 21 febbraio 2025. Questa acquisizione rappresenta circa il 6,7% di tutte le azioni emesse e in circolazione della società.

Prima dell'acquisizione, Gappelberg deteneva 1.559.718 azioni e titoli convertibili per ulteriori 750.000 azioni, rappresentando circa il 4,3% delle azioni in circolazione (6,4% se convertite). Dopo l'acquisizione, ora detiene 4.126.384 azioni più i titoli convertibili, che rappresentano circa il 10,8% delle azioni in circolazione (12,5% se convertite).

L'acquisizione è stata effettuata al di fuori delle strutture di borsa e le partecipazioni sono gestite per scopi di investimento. L'acquirente può aumentare o diminuire la propria posizione di investimento in base alle condizioni di mercato o ad altri fattori.

Evan Gappelberg ha adquirido 2.566.666 acciones comunes de Toggle3D.AI Inc. a través de una transacción de colocación privada el 21 de febrero de 2025. Esta adquisición representa aproximadamente el 6,7% de todas las acciones emitidas y en circulación de la empresa.

Antes de la adquisición, Gappelberg poseía 1.559.718 acciones y valores convertibles para 750.000 acciones adicionales, lo que representa alrededor del 4,3% de las acciones en circulación (6,4% si se convierten). Tras la adquisición, ahora posee 4.126.384 acciones más los valores convertibles, lo que representa aproximadamente el 10,8% de las acciones en circulación (12,5% si se convierten).

La adquisición se realizó fuera de las instalaciones de la bolsa de valores, y las participaciones se gestionan con fines de inversión. El adquirente puede aumentar o disminuir su posición de inversión según las condiciones del mercado u otros factores.

에반 갭펠버그는 2025년 2월 21일 Toggle3D.AI Inc.의 2,566,666주 보통주를 사모 배정 거래를 통해 인수했습니다. 이 인수는 회사의 모든 발행 및 유통 주식의 약 6.7%를 나타냅니다.

인수 이전에 갭펠버그는 1,559,718주와 추가로 750,000주에 대한 전환 가능한 증권을 보유하고 있었으며, 이는 유통 주식의 약 4.3%에 해당합니다(전환 시 6.4%). 인수 후 그는 이제 4,126,384주와 전환 가능한 증권을 보유하고 있으며, 이는 유통 주식의 약 10.8%를 나타냅니다(전환 시 12.5%).

이번 인수는 주식 거래소 시설 외부에서 진행되었으며, 보유 주식은 투자 목적으로 관리됩니다. 인수자는 시장 상황이나 기타 요인에 따라 투자 포지션을 늘리거나 줄일 수 있습니다.

Evan Gappelberg a acquis 2.566.666 actions ordinaires de Toggle3D.AI Inc. par le biais d'une opération de placement privé le 21 février 2025. Cette acquisition représente environ 6,7% de toutes les actions émises et en circulation de la société.

Avant l'acquisition, Gappelberg détenait 1.559.718 actions et des titres convertibles pour 750.000 actions supplémentaires, représentant environ 4,3% des actions en circulation (6,4% si converties). Suite à l'acquisition, il détient maintenant 4.126.384 actions ainsi que les titres convertibles, représentant environ 10,8% des actions en circulation (12,5% si converties).

L'acquisition a été réalisée en dehors des installations de la bourse, et les participations sont gérées à des fins d'investissement. L'acquéreur peut augmenter ou diminuer sa position d'investissement en fonction des conditions du marché ou d'autres facteurs.

Evan Gappelberg hat am 21. Februar 2025 2.566.666 Stammaktien von Toggle3D.AI Inc. durch eine Privatplatzierung erworben. Diese Akquisition entspricht etwa 6,7% aller ausgegebenen und ausstehenden Aktien des Unternehmens.

Vor der Akquisition hielt Gappelberg 1.559.718 Aktien und wandelbare Wertpapiere für weitere 750.000 Aktien, was etwa 4,3% der ausstehenden Aktien entspricht (6,4%, wenn umgewandelt). Nach der Akquisition hält er nun 4.126.384 Aktien sowie die wandelbaren Wertpapiere, was etwa 10,8% der ausstehenden Aktien entspricht (12,5%, wenn umgewandelt).

Die Akquisition wurde außerhalb der Börseneinrichtungen durchgeführt, und die Bestände werden zu Investitionszwecken verwaltet. Der Erwerber kann seine Investitionsposition je nach Marktentwicklung oder anderen Faktoren erhöhen oder verringern.

Positive
  • CEO significantly increased ownership stake from 4.3% to 10.8% of outstanding shares
  • Substantial insider buying of 2,566,666 shares demonstrates management confidence
  • Additional convertible securities could increase ownership to 12.5% if exercised
Negative
  • Private placement transaction could potentially dilute existing shareholders

TORONTO, ON / ACCESS Newswire / February 21, 2025 / Evan Gappelberg ("Acquiror") announces that he has acquired ownership and control of an aggregate of 2,566,666 common shares ("Subject Shares") of Toggle3D.AI Inc. (the "Company"), effective February 21, 2025 (the "Acquisition"). The Subject Shares were acquired in a private placement transaction (the "Private Placement").

The Acquirer acquired ownership and control of the Subject Shares representing approximately 6.7% of all issued and outstanding common shares of the Company ("Shares") as of February 21, 2025, representing a corresponding increase in the Acquirer's securityholding percentage in the Company.

Immediately before the Acquisition, the Acquirer held an aggregate of 1,559,718 Shares and convertible securities entitling the Acquirer to acquire an additional 750,000 Shares, representing approximately 4.3% of all issued and outstanding Shares (and approximately 6.4% assuming exercise of such convertible securities only). Immediately following the Acquisition, the Acquirer held an aggregate of 4,126,384 Shares and convertible securities entitling the Acquirer to acquire an additional 750,000 Shares, representing approximately 10.8% of all issued and outstanding Shares (or 12.5% assuming exercise of such convertible securities only), as of February 21, 2025.

None of the Subject Shares were acquired through the facilities of any stock exchange. The holdings of securities of the Company by the Acquiror are managed for investment purposes, and the Acquiror and his joint actors could increase or decrease their respective investments in the Company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.

Additional Information

A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: Toggle3D.AI Inc., PO Box 64039, Toronto Rpo Royal Bank Plaza, Toronto, Ontario, M5J 2T6, Tel: 631-655-6733.

For further information, please contact:

Investor Relations Contact
Toggle3D.ai
Evan Gappelberg CEO/Director
866-ARITIZE (274-8493)

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 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. The Company 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: Toggle3D.AI Inc.



View the original press release on ACCESS Newswire

FAQ

How many shares did Toggle3D.AI (TGGLF) CEO acquire in February 2025?

CEO Evan Gappelberg acquired 2,566,666 common shares of Toggle3D.AI through a private placement on February 21, 2025.

What percentage of Toggle3D.AI (TGGLF) does the CEO own after the February 2025 acquisition?

After the acquisition, the CEO owns 10.8% of outstanding shares, or 12.5% if including convertible securities.

How many Toggle3D.AI (TGGLF) shares did the CEO own before the February 2025 acquisition?

Before the acquisition, the CEO held 1,559,718 shares and convertible securities for an additional 750,000 shares, representing 4.3% of outstanding shares (6.4% if converted).

What was the total share position in Toggle3D.AI (TGGLF) after the CEO's February 2025 purchase?

After the acquisition, the CEO held 4,126,384 shares plus convertible securities for an additional 750,000 shares.

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