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.
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