Nextech3D.ai announced a proposed private placement of up to 12 million units for gross proceeds of up to $720,000. The units are priced at $0.06 each. The AI-first company works across event technology, immersive digital experiences, and enterprise engagement.
Proposed deal terms
Each unit consists of one common share and one warrant. A warrant can be exercised at $0.07 for three years after closing. The company may shorten the warrant period if shares close at or above $0.15 for 10 consecutive trading days after four months and one day from closing.
Management participation
Chief Executive Officer Evan Gappelberg and Chief Financial Officer Anum Waqas plan to take part with about $350,000 combined. Their participation gives the proposed financing direct financial backing from company leaders. The company expects the financing to provide capital for its next phase of growth.
Company platforms
Nextech3D.ai develops technology for events, interactive mapping, engagement, and enterprise uses. Its portfolio includes Eventdex, Map D, KraftyLab, and KATE. These products sit within the company's AI-first enterprise software lineup.
The offering is expected to close on or about November 15, 2026. Completion remains subject to Canadian Securities Exchange approval. The company notes there is no assurance the offering will close on the terms described or at all.