on Nextech3D.ai (CVE:NTAR)
Nextech3D.ai Corrects Details on Krafty Labs Acquisition and Launches Cashless AI Marketing
Nextech3D.ai has issued corrections regarding its Krafty Labs acquisition. The number of warrants and common shares underlying the convertible notes is adjusted from 2,299,412 to 1,951,012, with a conversion price change from $0.14 to $0.165 per share. CEO Evan Gappelberg's investment of $321,917 in the company involves an 18-month convertible note with a 12% interest rate, allowing conversion to 1,951,012 shares at $0.165 per share.
The transaction classifies as a related party transaction, exempted from formal requirements due to its market cap percentage. Nextech3D.ai also announced a 12-month marketing campaign via AGORACOM, utilizing AI content to enhance investor engagement globally. The campaign will follow a cashless format with shares issued as fees.
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