NextGen Digital Platforms Issues Stock Options and Settles Debt

NextGen Digital Platforms, Inc. ( (TSE:NXT) ) has issued an announcement.

NextGen Digital Platforms Inc. has granted 1,400,000 incentive stock options to certain consultants and directors, which are immediately vested and have an exercise price of $0.55 per share. Additionally, the company has entered into debt settlement agreements to issue 431,034 common shares at a price of $0.58 per share to settle $250,000 in debt related to outstanding fees owed to a service provider. This strategic move is expected to strengthen the company’s financial position and enhance its operational flexibility.

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 called Cloud AI Hosting, which supports the artificial intelligence sector. 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 and also evaluates and develops other micro-technology platforms.

Average Trading Volume: 39,845

Technical Sentiment Signal: Strong Buy

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