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Nextech3D.ai Announces Appointment of VP of Sales and CFO Share Issuance

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(Very Positive)
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Nextech3D.ai (OTCQB:NEXCF) appointed Jesse Carrillo as Vice President of Sales and issued 1,000,000 common shares to CFO Anum Waqas at $0.14 per share in recognition of her leadership.

Carrillo will lead global sales, while recent insider option exercises increase CFO ownership to about 2.5M shares and CEO holdings to 30M+ shares.

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Positive

  • Appointment of seasoned VP of Sales with 15+ years event-industry experience
  • New sales leader to oversee global organization and enterprise growth strategy
  • Issuance of 1,000,000 shares at $0.14 aligns CFO incentives with shareholders
  • CFO exercised 500,000 options at $0.07, investing $35,000 in company stock
  • CEO exercised 1,000,000 options at $0.07, investing $70,000 and holding 30M+ shares

Negative

  • Issuance of 1,000,000 new common shares to CFO increases shares outstanding

News Market Reaction – NEXCF

+1.44%
+1.44% Session close to close

In the May 28 session, NEXCF gained 1.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Seasoned Event-Tech Sales Leadership from Blackstone-Backed Cvent Joins Nextech as Company Builds Momentum and Scales Revenue Engine

TORONTO, ON / ACCESS Newswire / May 28, 2026 / Nextech3D.ai Corp. (CSE:NTAR)(OTCQB:NEXCF)(FSE:1SS) ("Nextech3D.ai" or the "Company") is pleased to announce the appointment of Jesse Carrillo as Vice President of Sales, alongside the issuance of 1,000,000 common shares to Chief Financial Officer Anum Waqas in recognition of her leadership contributions to the Company.

Appointment of VP of Sales - Event Industry Leadership from Blackstone-backed Cvent.

The appointment of Jesse Carrillo represents a key milestone in Nextech3D.ai's strategy to strengthen its sales execution and accelerate revenue growth.

Mr. Carrillo brings over 15 years of experience in the event industry, including three years at Blackstone-backed Cvent

His experience at Cvent provides Nextech with valuable insight into the event ecosystem, enterprise customer requirements, and proven go-to-market sales strategies within the global events market.

In addition to his event industry background, Mr. Carrillo has demonstrated the ability to build, manage, and scale high-performing sales teams, while successfully driving enterprise commercial growth initiatives.

At Nextech3D.ai, Mr. Carrillo will lead the Company's global sales organization, with a focus on:

  • Expanding enterprise customer relationships

  • Driving new customer acquisition

  • Executing a land-and-expand strategy across existing accounts

  • Increasing monetization across Eventdex, Map D, and Krafty Labs

The Company believes in adding experienced leadership with direct event-industry expertise.

CEO Commentary

"Bringing in a senior sales leader with direct experience from Blackstone-backed Cvent

is a meaningful addition to Nextech. We are already seeing strong momentum across our business, and adding proven event-industry sales leadership only strengthens our ability to capitalize on that growth. Jesse understands the event ecosystem, enterprise sales cycles, and how to expand within customers, which aligns directly with our strategy," said Evan Gappelberg, Chief Executive Officer.

"With proven industry leadership now in place and continued operational execution, we believe we are further strengthening our foundation for scalable growth in the global events technology market."

Recognition of CFO Leadership and Share Issuance

The Company also announces the issuance of 1,000,000 common at .$0.14/share to Anum Waqas, Chief Financial Officer, in recognition of her instrumental role in the Company's operational execution, financial leadership, and overall corporate turnaround efforts.

Ms. Waqas has played a critical role in strengthening the Company's financial position, supporting operational improvements, and advancing key strategic initiatives including restructuring efforts, acquisitions, operational streamlining, and the Company's expansion into the U.S. market.

In addition, Ms. Waqas recently exercised 500,000 stock options at an exercise price of $0.07 per share, for a cost of $35,000 demonstrating continued confidence in the Company's long-term growth strategy. Following the issuance and option exercise, Ms. Waqas beneficially owns approximately 2.5 million common shares of the Company.

In addition, Mr. Gappelberg recently exercised 1,000,000 stock options at an exercise price of $0.07 per share for a cost of $70,000 underscoring his continued confidence in Nextech3D.ai's long-term growth strategy. Following the exercise, Mr. Gappelberg beneficially owns 30,000,000+ common shares, a significant equity position in the Company.

The common shares issued to Ms. Waqas and the options exercised by Ms. Waqas/CFO and Mr Gappelberg/CEO are subject to customary regulatory restrictions and applicable hold periods in accordance with securities laws and exchange policies.

About Nextech3D.ai

Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS) is an AI-powered technology company specializing in AI event solutions, enterprise engagement platforms, and 3D modeling. Through its ecosystem, including Eventdex, Map D, and Krafty Labs, the Company provides a unified "AI Event OS" for large-scale enterprise, education, and government events worldwide.

Nextech3D.ai's solutions leverage AI, data analytics, and spatial mapping to improve operational efficiency, engagement, and monetization for enterprise, government, and institutional customers.

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For further information, please contact:

Investor Relations Contact:
investor.relations@nextechar.com
Evan Gappelberg
CEO/Founder and Director
866-ARITIZE (274-8493)

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's ability to achieve cash-flow positivity, the growth of the AI event software market, and the expected benefits of the CEO's share purchase. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "estimates", "forecasts", "intends", "anticipates" or "believes". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE: NexTech3D.AI Corp



View the original press release on ACCESS Newswire

FAQ

What leadership change did Nextech3D.ai (OTCQB:NEXCF) announce on May 28, 2026?

Nextech3D.ai appointed Jesse Carrillo as Vice President of Sales on May 28, 2026. According to Nextech3D.ai, he will lead the global sales organization, focusing on enterprise customer expansion, new customer acquisition, and monetization across Eventdex, Map D, and Krafty Labs.

How many Nextech3D.ai (NEXCF) shares were issued to CFO Anum Waqas in May 2026?

Nextech3D.ai issued 1,000,000 common shares to CFO Anum Waqas at $0.14 per share. According to Nextech3D.ai, the issuance recognizes her role in operational execution, financial leadership, restructuring, acquisitions, and U.S. market expansion, increasing her ownership to about 2.5 million shares.

What insider stock option exercises did Nextech3D.ai (NEXCF) report on May 28, 2026?

Nextech3D.ai reported option exercises by both its CFO and CEO. According to Nextech3D.ai, CFO Anum Waqas exercised 500,000 options at $0.07 per share, while CEO Evan Gappelberg exercised 1,000,000 options at $0.07, bringing his holdings to over 30 million common shares.

How could Nextech3D.ai's new VP of Sales affect revenue growth for NEXCF shareholders?

The new VP of Sales is expected to support Nextech3D.ai's revenue growth strategy. According to Nextech3D.ai, Jesse Carrillo will focus on expanding enterprise relationships, driving new customer acquisition, and executing land-and-expand strategies to increase monetization across its event technology platforms.

Why did Nextech3D.ai (NEXCF) issue shares to its CFO instead of paying cash compensation?

Nextech3D.ai issued 1,000,000 common shares to its CFO as recognition for leadership contributions. According to Nextech3D.ai, the share issuance acknowledges her role in financial turnaround, restructuring, acquisitions, operational streamlining, and U.S. expansion, further aligning her incentives with long-term shareholder interests.

What is Nextech3D.ai's (NEXCF) core business focus after the May 28, 2026 announcement?

Nextech3D.ai remains focused on AI-powered event technology and 3D solutions. According to Nextech3D.ai, its ecosystem of Eventdex, Map D, and Krafty Labs provides an AI Event OS that uses AI, data analytics, and spatial mapping to enhance efficiency, engagement, and monetization for enterprise and government events.