CORRECTION BY SOURCE: Nextech3D.ai on Krafty Labs Acquisition and $321,917 CEO Investment
Rhea-AI Summary
Nextech3D.ai (OTCQB: NEXCF) corrected terms of securities issued in connection with its Krafty Labs acquisition: the number of warrants and common shares issuable under the convertible notes is 1,951,012 at a corrected exercise/conversion price of $0.165 per share. The securities are subject to a statutory hold period expiring May 6, 2026. CEO Evan Gappelberg invested $321,917 via an 18-month convertible note bearing 12% annual interest, convertible at his option into 1,951,012 shares and accompanied by 1,951,012 three-year warrants at $0.165. The company will pay AGORACOM via a 12-month shares-for-services program totaling CDN 125,000 + HST.
Positive
- CEO invested $321,917 via 18-month convertible note
- Convertible note carries a fixed 12% annual interest
- CEO remains largest shareholder with 32,757,017 shares
- Acquisition expected to strengthen event platform and monetization
Negative
- Potential dilution: 1,951,012 shares issuable on conversion/warrants
- Related-party transaction relies on MI 61-101 exemptions (no minority approval)
- Issued securities subject to hold period until May 6, 2026
News Market Reaction
On the day this news was published, NEXCF declined 6.62%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Nextech3D.ai Launches AGORACOM Cashless AI Marketing Program
Correction: The number of warrants and common shares underlying the convertible notes was incorrectly reported as 2,299,412 common shares at a warrant exercise price/conversion price of
Correction: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition
TORONTO, ON / ACCESS Newswire / January 8, 2026 / Nextech3D.ai (CSE:NTAR)(OTCQB:NEXCF)(FSE:1SS), an AI-first event technology and digital engagement company, is correcting the number of warrants and common shares underlying the convertible notes issued in connection with its recent acquisition of Krafty Labs from 2,299,412, to 1,951,012, issuable based upon a warrant exercise price and conversion price of
In connection with the Company's continued execution and growth strategy, Evan Gappelberg, Chief Executive Officer of Nextech3D.ai, invested
Key terms of the CEO investment include:
Term: 18 months
Interest Rate:
12% per annumConversion Option: At the CEO's sole discretion, the note may be converted into 1,951,012 common shares at a fixed conversion price of
$0.16 5 per share (correction)Warrants Issued: As compensation, the CEO received 1,951,012 common share purchase warrants
Warrant Terms:
Exercise Price:
$0.16 5 per shareTerm: 3 years
Mr. Gappelberg will continue to be the Company's largest shareholder, currently owning 32,757,017 common shares, further reinforcing strong alignment between management and shareholders.
The transaction constitutes a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 on the basis that the transaction does not exceed
Management believes this insider investment reflects confidence in Nextech3D.ai's strategy, execution, and long-term growth prospects.
Strengthening an AI-First Event Platform
The combination of Krafty Labs' enterprise-grade engagement capabilities with Nextech3D.ai's existing event technology stack is expected to drive increased average contract values, deeper customer relationships, and enhanced monetization opportunities across in-person, virtual, and hybrid events.
Agoracom:
The also company announces the launch of a 12-month online marketing campaign with AGORACOM that will feature industry leading AI generated content to reach investors of all demographics around the world. In addition, Nextech3D.ai will launch a Verified Forum on AGORACOM that will provide moderated, civilized engagement between management and shareholders. The Company will pay
AGORACOM, a pioneer in online investor relations for over 25 years, has launched its AI Content Showcase to help companies like Nextech3D.ai tell their stories faster and more emotionally through cinematic AI videos, avatars, and multilingual content. Nextech3D.ai gains exposure across AGORACOM's network of 9 million investors, 900+ million page views, and industry-leading engagement, supported by verified forums that ensure transparent communication and protection against misinformation.
SHARES FOR SERVICES
FEES: $CDN 125,000 + HST
Commencement
$25,000 + HST shares for services at the end of the third month: March 8, 2026$25,000 + HST shares for services at the end of the sixth month: June 8, 2026$25,000 + HST shares for services at the end of the ninth month: September 8, 2026$25,000 + HST shares for services at the end of the term: January 31, 2027
The deemed price of the securities to be issued will be determined after the date services are provided to the advertiser in each period, calculated using the closing price on the Canadian Securities Exchange on each of the dates as stated above.
About Nextech3D.ai
Nextech3D.ai is an AI-powered technology company specializing in 3D asset generation, spatial computing, and comprehensive AI Event Solutions for virtual, hybrid, and in-person experiences. Through Map Dynamics, Eventdex, and Krafty Labs, Nextech3D.ai delivers a unified global platform for Google, Microsoft, Netflix, Oracle, Yelp, ZoomInfo, Spotify, Meta conferences, expos, corporate activations, learning programs, and enterprise engagement.
Website: www.Nextech3D.ai
Investor Relations: investors@nextechar.com
For further information, please visit: www.Nextech3D.ai.
Investor Relations: investors@nextechar.com
For more information, visit Nextech3D.ai.
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Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the proposed acquisition of Krafty Labs, the anticipated timing and consideration, expected benefits and synergies, product integrations, and growth opportunities. Forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the proposed transaction will be completed as anticipated or at all. Nextech3D.ai disclaims any obligation to update forward-looking statements except as required by law.
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 regarding the completion of the transaction 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. Nextech 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: NexTech3D.AI Corp
View the original press release on ACCESS Newswire