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Nextech3D.ai

Nextech3D.ai


Recent posts by Nextech3D.ai

3 min read

Nextech AR Appoints Jeff Dawley To Its Board Of Directors And As Chair Of The Audit Committee

By Nextech3D.ai on Nov 23, 2021 6:30:00 AM

VANCOUVER, B.C., Canada – November 23, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that it has appointed Jeff Dawley to the Company's Board of Directors and as the Chair of the Audit Committee.

Mr. Dawley holds a Chartered Professional Accountant designation from Ontario, Canada, a Certified Public Accountant and Certified Information Technology Professional designation from Illinois, USA and a Chartered Global Management Accountant designation, recognized in the UK and USA.

Jeff Dawley commented on his appointment, “I’m looking forward to joining Nextech AR during such an exciting time of growth for the Company and the augmented reality industry as a whole. With decades of experience in financial services, compliance and cybersecurity, I will help guide the company while it continues to execute on its long-term initiative.”

Evan Gappelberg, CEO of Nextech AR commented, “We are pleased to have Jeff as the Chair of the Audit Committee for Nextech, and to utilize his extensive technology experience and financial background to fuel the ongoing growth of our company. Our Company is in a transformative period of growth as we push towards the Metaverse, and his experience in particular with start-ups like ourselves, will assist us in reaching our ultimate vision. On behalf of Nextech, I would like to welcome him to the team and the Company looks forward to his leadership.”

About Jeff Dawley:
In 2018, Jeff co-founded Cybersecurity Compliance Corp. to address a communication gap in the cybersecurity space. The Cybersecurity Pulse™ solution provides board members and non-IT executives with a complete view of their cybersecurity environment, while equipping IT professionals with a framework-based assessment and roadmap for future improvements.

Before devoting his career to helping SMEs better understand their cybersecurity environment Jeff worked in finance and technology across a broad spectrum of Canadian and international organizations. Over 25 years Jeff has benefited from exploring many industries including financial services, mining, information processing, manufacturing and professional services. His career has seen him operate as a CFO for 10 years with both publicly listed and private companies, as well as 5 years as a CTO/CIO, responsible for all aspects of information management and technology.

5 min read

Nextech AR Launches Major 3D Metaverse Upgrade To Its Events Platform

By Nextech3D.ai on Nov 18, 2021 6:30:00 AM

The Company Successfully Integrates Its Metaverse Product Offerings 


VANCOUVER, B.C., Canada – November 18, 2021 - 
Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the integration of Nextech’s redesigned virtual events platform, now rebranded as “ARitize Events 3D''. With this integration, immersive virtual events are now available as part of its growing suite of metaverse solutions. “ARitize Events 3D '' is now able to showcase 3D products seamlessly with its existing suite of Augmented Reality solutions, creating a first of its kind metaverse event platform. 

Topics: virtual events metaverse
10 min read

Nextech AR Solutions rebrands as a Metaverse-focused Company

By Nextech3D.ai on Nov 16, 2021 6:35:00 AM

“ARitize” New Naming For Its Suite Of Augmented Reality Solutions

55 min read

Nextech AR Solutions Corp. Reports Third Quarter 2021 Earnings & Conference Call Updated

By Nextech3D.ai on Nov 11, 2021 6:30:00 AM

VANCOUVER, B.C., Canada – November 11, 2021 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the third quarter 2021 ending September 30th, 2021. Subsequently, Nextech will host a conference call to discuss the third quarter results on November 11th, 2021 at 9:00 A.M. Eastern Time.  Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Three Month Q3 Financial Highlights:

Topics: Earnings Call
7 min read

Nextech AR To Launch “ARitize Metaverse Studio” SDK As SaaS Offering

By Nextech3D.ai on Nov 9, 2021 6:45:00 AM

Unified Metaverse Platform Integrates Nextech’s Entire Suite of Augmented Reality Solutions


VANCOUVER, B.C., Canada – November 9, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services is proud to announce its plans to launch its SaaS Metaverse Studio SDK enabling its customers to create their own metaverses. Once launched, this unified Metaverse Studio will give the Company what it believes is a first mover advantage in the race to bring the Metaverse to the masses. As part of this launch a significant upgrade to the current ARway Studio is the interoperability of our Metaverse Studio with all Metaverse platforms including Meta’s AR Spark Studio, Snap’s Lens Studio, Apple’s Reality Composer and more.

Topics: metaverse
2 min read

Nextech AR Solutions Corp. Announces Third Quarter 2021 Earnings & Conference Call

By Nextech3D.ai on Nov 8, 2021 6:30:00 AM

VANCOUVER, B.C., Canada – November 8, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies plans to release its third quarter 2021 financial results before markets open on Thursday, November 11, 2021. 

4 min read

Nextech AR Closes CAD $5 Million Private Placement with Institutional Investors

By Nextech3D.ai on Nov 3, 2021 10:11:26 AM

VANCOUVER, B.C., Canada – November 3, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies is pleased to announce that it has closed its previously announced private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with institutional investors for gross proceeds of approximately CAD $5 million (the “Private Placement”). Pursuant to the Private Placement, the Company issued 3,030,304 Common Shares and Warrants to purchase up to an aggregate of 1,515,152 Common Shares at a purchase price of CAD $1.65 per Common Share and associated one-half of one Warrant. Each whole Warrant entitles the holder to purchase one Common Share at an exercise price of CAD $1.92 for a period of three years following the issuance date.

3 min read

Nextech AR Announces CAD $5 Million Private Placement with Institutional Investors

By Nextech3D.ai on Nov 1, 2021 6:45:00 AM

VANCOUVER, B.C., Canada – November 1, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with institutional investors for gross proceeds of approximately CAD$5 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 3,030,304 Common Shares and Warrants to purchase up to an aggregate of 1,515,152 Common Shares at a purchase price of CAD$1.65 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one half of one Common Share at an exercise price of CAD$1.92 per whole Common Share for a period of three years following the issuance date.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement.

The net proceeds of the Private Placement will be used by the Company for working capital and general corporate purposes, including, without limitation, acquisitions of assets used in the Company’s business and strategic transactions and/or acquisitions. No securities were offered or sold to Canadian residents in connection with the Private Placement. The Private Placement is expected to close on or about November 3, 2021, subject to satisfaction of customary closing conditions.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”), or any U.S. state securities laws, and such securities may not be offered or sold within the United States or to any U.S. person absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements. “United States” and “U.S. person” have the respective meanings ascribed to them in Regulation S under the U.S. Securities Act.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

For further information, please contact:
Bradley Gittings
investor.relations@nextechar.com

To learn more, please follow us on TwitterYouTubeInstagramLinkedIn, and Facebook, or visit our website: https://www.nextechar.com


About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three dimensional product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences. Nextech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com and Trulyfesupplements.com. VCM and product sales of residential vacuums, supplies and parts, and small home appliances which are sold on Amazon.

Forward-looking Statements
This press release contains "forward-looking information" and may also contain statements that may constitute "forward-looking statements", collectively “forward-looking information”, within the meaning of applicable Canadian securities legislation. Such forward-looking information is not representative of historical facts or information or current condition, but instead represent the beliefs and expectations regarding future events about the business and the industry and markets in which the Company operates, as well as plans or objectives of management, many of which, by their nature, are inherently uncertain. Generally, such forward-looking information can be identified by the use of terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information contained herein may include but is not limited to, references to the completion of the Private Placement on the terms currently proposed or at all, any future acquisitions and the timing thereof and the use of proceeds of the Private Placement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, general market conditions, availability of financing, regulatory approvals and the results of the Company’s operations. Forward-looking information is not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking information, which are qualified in their entirety by this cautionary statement. The Company does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

2 min read

Nextech AR Solutions Engages Stockhouse, Canada’s Largest Financial Portal

By Nextech3D.ai on Oct 29, 2021 6:30:00 AM

VANCOUVER, B.C., Canada – October 29, 2021Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies has announced that it has engaged the services of Stockhouse.com to provide increased market awareness to the Company. With 1 million+ unique visitors per month, Stockhouse is Canada’s largest financial portal and one of North America’s largest small cap investor communities. Stockhouse.com is the global hub for investors to find relevant financial news, access expert analysis and opinion and share knowledge and information with each other.

In conjunction with this engagement, Nextech has issued an aggregate of 69,518 common shares to Stockhouse at a deemed price of $1.87 per share (the “Shares”), in consideration for the provision of services by Stockhouse valued at $130,000. The Shares will be subject to a statutory hold period expiring on March 1, 2022.

4 min read

Nextech AR Signs Multiple Deals With Asian Ecommerce Aggregators

By Nextech3D.ai on Oct 26, 2021 6:45:00 AM

Now Scaling 3D AR Model Creation To Asia, The World’s Largest
B2C Ecommerce Market 

Topics: E-commerce