The Fort Worth Press - Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces New CEO Investment

USD -
AED 3.672497
AFN 66.036454
ALL 81.924334
AMD 380.162903
ANG 1.790403
AOA 917.000203
ARS 1451.787039
AUD 1.49402
AWG 1.8025
AZN 1.699493
BAM 1.661132
BBD 2.006879
BDT 121.777831
BGN 1.657805
BHD 0.377029
BIF 2944.418964
BMD 1
BND 1.285906
BOB 6.900857
BRL 5.592797
BSD 0.996391
BTN 89.332937
BWP 13.142542
BYN 2.898136
BYR 19600
BZD 2.003991
CAD 1.370675
CDF 2259.99999
CHF 0.787698
CLF 0.023064
CLP 904.79859
CNY 7.04095
CNH 7.01637
COP 3791.72
CRC 496.780988
CUC 1
CUP 26.5
CVE 93.652061
CZK 20.61705
DJF 177.436202
DKK 6.332069
DOP 62.36729
DZD 129.65002
EGP 47.509863
ERN 15
ETB 154.455231
EUR 0.847695
FJD 2.27745
FKP 0.743131
GBP 0.74025
GEL 2.684991
GGP 0.743131
GHS 11.386202
GIP 0.743131
GMD 73.499594
GNF 8711.715844
GTQ 7.636382
GYD 208.495061
HKD 7.7782
HNL 26.268494
HRK 6.388502
HTG 130.484081
HUF 331.369946
IDR 16796
ILS 3.19072
IMP 0.743131
INR 89.509912
IQD 1305.51474
IRR 42100.000026
ISK 125.279833
JEP 0.743131
JMD 159.063692
JOD 0.708981
JPY 155.937994
KES 128.896448
KGS 87.449617
KHR 3997.842677
KMF 418.999641
KPW 899.961009
KRW 1481.109751
KWD 0.30715
KYD 0.830481
KZT 513.882401
LAK 21585.880634
LBP 89230.605919
LKR 308.538377
LRD 176.366184
LSL 16.645547
LTL 2.95274
LVL 0.60489
LYD 5.406989
MAD 9.12289
MDL 16.872064
MGA 4488.98136
MKD 52.172476
MMK 2099.845274
MNT 3553.409727
MOP 7.985969
MRU 39.722944
MUR 45.970204
MVR 15.459844
MWK 1727.824721
MXN 17.94771
MYR 4.063998
MZN 63.898004
NAD 16.645547
NGN 1454.479952
NIO 36.67465
NOK 10.06477
NPR 142.952997
NZD 1.71273
OMR 0.384502
PAB 0.996611
PEN 3.355982
PGK 4.239923
PHP 58.846021
PKR 279.125897
PLN 3.58653
PYG 6732.622819
QAR 3.642633
RON 4.313402
RSD 99.507042
RUB 78.250296
RWF 1451.515641
SAR 3.750726
SBD 8.146749
SCR 13.717754
SDG 601.5106
SEK 9.17975
SGD 1.28507
SHP 0.750259
SLE 24.050168
SLL 20969.503664
SOS 568.545682
SRD 38.406498
STD 20697.981008
STN 20.808915
SVC 8.720135
SYP 11056.89543
SZL 16.638784
THB 31.110975
TJS 9.168415
TMT 3.5
TND 2.915007
TOP 2.40776
TRY 42.829165
TTD 6.775155
TWD 31.474955
TZS 2466.723973
UAH 41.941319
UGX 3590.993638
UYU 39.060974
UZS 11955.256967
VES 282.15965
VND 26331
VUV 121.541444
WST 2.783984
XAF 557.128054
XAG 0.014356
XAU 0.000223
XCD 2.70255
XCG 1.796091
XDR 0.692794
XOF 557.052354
XPF 101.29184
YER 238.502594
ZAR 16.69165
ZMK 9001.217591
ZMW 22.519638
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0000

    23.12

    0%

  • RELX

    0.0130

    40.993

    +0.03%

  • RBGPF

    0.0000

    80.22

    0%

  • BCC

    -0.9300

    73.3

    -1.27%

  • CMSD

    -0.1190

    23.081

    -0.52%

  • NGG

    0.7800

    77.19

    +1.01%

  • RIO

    0.9000

    81

    +1.11%

  • GSK

    0.2800

    48.87

    +0.57%

  • RYCEF

    0.1500

    15.65

    +0.96%

  • BCE

    0.0380

    22.768

    +0.17%

  • AZN

    0.8900

    92.44

    +0.96%

  • VOD

    0.1650

    13.045

    +1.26%

  • BTI

    0.2300

    57

    +0.4%

  • BP

    0.3850

    34.525

    +1.12%

  • JRI

    0.0400

    13.41

    +0.3%

Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces New CEO Investment
Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces New CEO Investment

Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces New CEO Investment

CEO Investment Is a continuing sign of commitment and alignment with shareholders as he already is the largest shareholder and owns 32mill shares

Text size:

TORONTO, ON / ACCESS Newswire / December 23, 2025 / Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS), an AI-first event technology and digital engagement company, is pleased to provide shareholders with an update on its previously announced acquisition of Krafty Labs, a revenue generating AI-driven event engagement and experiential technology company serving global enterprise customers.

Krafty Labs Acquisition Update

The Company is pleased to confirm that the due diligence process has been successfully completed, and the acquisition of Krafty Labs is scheduled to close on January 2, 2026, subject to customary closing conditions including CSE approval.

Krafty Labs brings a highly attractive blue-chip customer base, along with approximately $1.2 million in year-to-date 2025 revenue and gross margins of 72%. Management believes this acquisition meaningfully enhances Nextech3D.ai's AI-first event platform and expands its reach into higher-value enterprise and association customers.

CEO Convertible Note Investment Demonstrates Strong Alignment

In connection with the Company's continued execution and growth strategy, Evan Gappelberg, Chief Executive Officer of Nextech3D.ai, has committed to invest $321,917 directly into the Company through an 18-month convertible note bearing 12% annual interest.

Key terms of the CEO investment include:

  • Term: 18 months

  • Interest Rate: 12% per annum

  • Conversion Option: At the CEO's sole discretion, the note may be converted into 2,299,412 common shares at a fixed conversion price of $0.14 per share

  • Warrants Issued: As compensation, the CEO will receive 2,299,412 common share purchase warrants

  • Warrant Terms:

    • Exercise Price: $0.165 per share

    • Term: 3 years

Mr. Gappelberg will continue to be the Company's largest shareholder, currently owning 32,757,017 common shares, further reinforcing strong alignment between management and shareholders.

The transaction constitutes a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 on the basis that the transaction does not exceed 25% of the Company's market capitalization. The transaction is subject to approval of the Canadian Securities Exchange (CSE).

Management believes this insider investment reflects confidence in Nextech3D.ai's strategy, execution, and long-term growth prospects.

Strengthening an AI-First Event Platform

The combination of Krafty Labs' enterprise-grade engagement capabilities with Nextech3D.ai's existing event technology stack is expected to drive increased average contract values, deeper customer relationships, and enhanced monetization opportunities across in-person, virtual, and hybrid events.

Evan Gappelberg, CEO of Nextech3D.ai comments "We believe the acquisition of Krafty Labs, combined with my personal investment in the Company, represents a strong vote of confidence in Nextech3D.ai's direction and execution," He continues "With due diligence complete and a closing date set, we are focused on integrating Krafty Labs and accelerating growth while continuing to build long-term shareholder value."

Looking Ahead

With the Krafty Labs acquisition set to close on January 2, 2026, Nextech3D.ai continues to advance its strategy of building a comprehensive, AI-powered event technology platform through disciplined acquisitions, organic growth, and aligned insider investment.

About Nextech3D.ai

Nextech3D.ai is an AI-powered technology company specializing in 3D asset generation, spatial computing, and comprehensive AI Event Solutions for virtual, hybrid, and in-person experiences. Through Map Dynamics, Eventdex, and Krafty Labs, Nextech3D.ai delivers a unified global platform for Google, Microsoft, Netflix, Oracle, Yelp, ZoomInfo, Spotify, Meta conferences, expos, corporate activations, learning programs, and enterprise engagement.

Website: www.Nextech3D.ai
Investor Relations: [email protected]

For further information, please visit: www.Nextech3D.ai.
Investor Relations: [email protected]

For more information, visit Nextech3D.ai.

Sign up for Investor News and Info - Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the proposed acquisition of Krafty Labs, the anticipated timing and consideration, expected benefits and synergies, product integrations, and growth opportunities. Forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the proposed transaction will be completed as anticipated or at all. Nextech3D.ai disclaims any obligation to update forward-looking statements except as required by law.

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 Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE: Nextech3D.ai



View the original press release on ACCESS Newswire

S.Weaver--TFWP