CEO Increases Ownership to More Than 30 Million Shares Following Open Market Purchase
TORONTO, ON -- August 10, 2026 -- Nextech3D.ai (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a leading AI-powered technology company focused on event technology, 3D modeling, and spatial computing solutions, today announced that Chief Executive Officer Evan Gappelberg has purchased 250,000 common shares of the Company in open market transactions at an average price of approximately $0.11 per share.
Following this purchase, Mr. Gappelberg now owns more than 30 million Nextech3D.ai shares, reinforcing his position as the Company's largest shareholder and underscoring his confidence in the Company's future prospects.
Evan Gappelberg, CEO of Nextech3D.ai, commented:
"I see Nextech3D.ai's stock as very attractive at current levels and significantly undervalued. The Company's technology portfolio, AI capabilities, growing customer base, and long-term market opportunity are not, in my view, fully reflected in today's share price. I have always believed in aligning management with shareholders, and this open market purchase reflects my confidence in our future and my commitment to creating long-term shareholder value."
The shares were acquired in the open market using Mr. Gappelberg's personal funds.
Mr. Gappelberg added:
"I now own over 30 million shares of Nextech3D.ai, and I remain confident that we are positioned to capitalize on significant opportunities across AI, event technology, and immersive digital experiences. I believe our current valuation presents a compelling opportunity for investors who share our long-term vision."
The Company continues to execute on its growth strategy, focusing on expanding enterprise customer relationships, advancing its AI-powered technology solutions, and pursuing opportunities to drive revenue growth and shareholder value.
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About Nextech3D.ai
Nextech3D.ai is an AI-first technology company focused on transforming how businesses create, manage and experience digital content, events and immersive environments. Through its portfolio of event technology, AI-powered solutions and spatial computing products, Nextech helps organizations modernize customer engagement and accelerate digital transformation.
For more information, visit Nextech3D.ai's investor relations website.
For Further Information:
Nextech3D.ai
Evan Gappelberg
CEO & Director
866-ARITIZE (274-8493)
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 applicable securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects," "believes," "anticipates," "will," or variations of such words and phrases. Forward-looking statements in this release include, but are not limited to, statements regarding anticipated benefits of the partnership, future revenue opportunities, growth initiatives, software adoption, commercial expansion opportunities, recurring revenue generation, and future business performance. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated. Readers should not place undue reliance on forward-looking statements and forward-looking information.