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NextGen Digital Launches $3 Million Private Placement

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The latest announcement is out from NextGen Digital Platforms, Inc. ( (TSE:NXT) ).

NextGen Digital Platforms Inc. announced a non-brokered private placement of up to 10 million special warrants and/or common shares at $0.30 each, aiming to raise up to $3 million. The proceeds will be used for corporate development, marketing, and general working capital, with the offering subject to necessary approvals and insider participation considered a related party transaction.

More about NextGen Digital Platforms, Inc.

NextGen Digital Platforms Inc. is a publicly traded company listed on the Canadian Securities Exchange, focusing on digital assets and artificial intelligence infrastructure. It operates a hardware-as-a-service business supporting the AI sector through cloud AI hosting, and seeks to acquire or develop emerging technology platforms aligned with its digital innovation strategy.

YTD Price Performance: 17.46%

Average Trading Volume: 164,892

Technical Sentiment Signal: Hold

Learn more about NXT stock on TipRanks’ Stock Analysis page.

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