Nextech3D.ai Completes $720,000 Private Placement

Nextech3D.ai Corp, a tech company with a focus on AI-driven event technology and enterprise engagement solutions, has successfully completed a non-brokered private placement. The financing raised approximately $720,000 through the sale of 12 million units at $0.06 each.

Notably, the CEO, Evan Gappelberg, and CFO, Anum Waqas, have personally invested over $400,000 in this round. Gappelberg highlighted this investment as a reflection of their confidence in the company's strategic direction geared towards revenue growth and AI adoption in event tech platforms.

Each unit issued includes one common share plus a warrant, allowing the purchase of an additional share at $0.07 within three years. Funds are aimed at fulfilling the company's working capital requirements. The offering's completion is subject to final CSE approval.