Nextech3D.AI intends to reacquire 100% of ARway

Nextech3D.ai (NEXCF) intends to reacquire all of the issued and outstanding common shares of Arway Corporation (ARWYF) that it does not already own. The reacquisition will allow Nextech to further consolidate its technology stack with Arway and Map Dynamics, creating a more unified company while Streamlining Operations. Map D, Nextech’s event management platform, supports hundreds of events annually with features such as interactive floor plans, exhibitor management, ticketing, badge printing, mobile apps, and soon, blockchain ticketing. By bringing Arway back under the Nextech umbrella, the Company will eliminate duplicative overhead, streamline development resources, and centralize operations under a single event technology suite. It is important to note that Nextech already owns approximately 15 million shares of Arway, representing about 40% of the company. In addition, Nextech management collectively holds approximately another 20% stake. This significant combined ownership underscores Nextech’s deep alignment and vested interest in Arway’s long-term success. This consolidation is expected to: Reduce costs by integrating teams and technologies, cutting redundant expenses, and creating a leaner operational structure. Accelerate product development by unifying AI, AR, and navigation tools directly within the Map D Event Suite. Enhance revenue growth by offering organizers, exhibitors, and attendees a seamless end-to-end solution-resulting in higher adoption rates, stronger customer retention, and expanded recurring SaaS revenues. By leveraging efficiencies across platforms while strengthening Map D’s core offerings, Nextech3D.ai is positioning itself for both improved profitability and scalable growth in the global event technology market. The reacquisition is expected to proceed through a three-cornered amalgamation, whereby Arway will amalgamate with a wholly-owned subsidiary of Nextech. Shareholders of Arway will receive Nextech common shares in exchange for each Arway share held. Final terms, including the exchange ratio and deemed price, will be disclosed in the forthcoming shareholder circular. Completion is subject to Arway shareholder approval, CSE approval, and customary closing conditions.