Nextech3D.ai Announces CEO Evan Gappelberg Acquires 7.4 Million Shares
The transaction satisfies $742,088 in unpaid CEO salary through an equity issuance, with exchange approval still pending.
Rhea-AI Summary
Nextech3D.ai (NEXCF) issued 7,420,880 common shares to CEO Evan Gappelberg to settle accrued and outstanding salary compensation. The shares were issued at a deemed price of $0.10 per share, satisfying $742,088 owed to Gappelberg.
The common shares are subject to a statutory hold period expiring January 26, 2027. Although the issuance is complete, it remains subject to approval by the Canadian Securities Exchange.
Negative
- 7,420,880 common shares issued to CEO at a deemed $0.10 per share.
News Explained
By issuing 7,420,880 common shares, Nextech3D.ai increased its share count, reducing existing holders’ percentage ownership absent offsetting changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK CITY, NY AND TORONTO, ON / ACCESS Newswire / September 28, 2026 / Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), an AI-first technology company focused on event technology, immersive digital experiences, and enterprise engagement solutions, today announced that it has completed its previously announced issuance of 7,420,880 common shares at a deemed price of
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About Nextech3D.ai
Nextech3D.ai is an AI-first technology company focused on transforming how enterprises engage with customers through event technology, immersive digital experiences, and artificial intelligence-powered solutions. Through its portfolio of businesses, including EventDex, Map D, and KraftyLabs, the Company serves enterprise customers seeking innovative solutions that drive engagement, efficiency, and measurable results.
For more information, visit: Nextech3D.ai's investor relations website.
Evan Gappelberg
CEO & Director
866-ARITIZE (274-8493)
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the Company's growth strategy, sales expansion initiatives, customer acquisition efforts, future financial performance, enterprise opportunities, and ability to create shareholder value. Such statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or solicitation of an offer to buy any securities.
SOURCE: NexTech3D.AI Corp
View the original press release on ACCESS Newswire
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