Nextech3D.ai Announces Repricing of Proposed Placement

Nextech3D.AI (OTCQX:NEXCF, CSE:NTAR, FSE:1SS) has announced the repricing of its financing and plans to complete a non-brokered private placement. The company will issue up to 28,000,000 units at C$0.10 per unit, aiming to raise up to C$2,800,000 in total. Each unit includes one common share and one purchase warrant, with warrants exercisable at C$0.15 for 24 months, subject to certain conditions.

The proceeds will be used for working capital and general corporate purposes. Nextech3D.ai will pay an 8% finders fee to eligible registrants assisting in the offering and issue 8% broker warrants, exercisable at C$0.15 for 24 months. The completion of the offering is subject to regulatory approvals, including that of the Canadian Securities Exchange.

This announcement does not constitute an offer to sell securities in any jurisdiction where such an offer would be illegal. The securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the U.S. without registration or an applicable exemption.