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NextGen Digital Platforms, Inc. ( (TSE:NXT) ) just unveiled an update.
NextGen Digital Platforms Inc. has completed the third and final tranche of its non-brokered private placement, issuing a total of 8,979,498 special warrants and 440,000 common shares, raising gross proceeds of $2,825,849.84. The company plans to use the net proceeds for corporate development, marketing, and general working capital. Additionally, NextGen has entered into a marketing agreement with Alpha Collective Inc. to provide digital marketing services, paying a cash fee of $45,000 for a three-month term. This strategic move is expected to enhance the company’s market presence and operational capabilities.
More about NextGen Digital Platforms, Inc.
NextGen Digital Platforms Inc. is a technology company that operates the e-commerce platform PCSections.com and a hardware-as-a-service business supporting the artificial intelligence sector, known as Cloud AI Hosting. The company aims to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. Additionally, NextGen evaluates and develops other micro-technology platforms.
Average Trading Volume: 38,009
Technical Sentiment Signal: Strong Buy
For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.