ARway Corporation (ARWYF) entered into a definitive agreement dated December 1, with Nextech3D.ai (NEXCF), pursuant to which Nextech has agreed to acquire all of the outstanding common shares of ARway not already owned by Nextech. Nextech currently owns approximately 15 million ARway Shares, or ~40% of the 38.6 million ARway Shares outstanding. The Transaction reunifies ARway with Nextech3D.ai and Map Dynamics, enabling a fully integrated platform that combines AI, AR navigation, and large-scale event technology into one cohesive solution.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEXCF:
- Nextech3D.ai Advances Event-Tech Platform with Key Integrations and Milestones
- Nextech3D.AI accelerates Eventdex integration
- NexTech AR Solutions: Strategic Growth and Strong Buy Rating Amid Revenue Recovery and Eventdex Acquisition
- Nextech3D.AI CEO Evan Gappelberg acquires 550,000 shares
- Nextech3D.ai CEO Increases Stake with Significant Share Purchase