- Evan Gappelberg, the chief executive officer of Nextech3D.ai (CSE:NTAR), ARway (CSE:ARWY) and Toggle3D.ai (CSE:TGGL), has opted to take his salaries in stock, resulting in significant investments in each company
- The purchases send a high-conviction signal to the market about the companies’ growing augmented reality and artificial intelligence technologies
- All three micro-cap AI stocks are trading higher on the news
Evan Gappelberg, the chief executive officer of Nextech3D.ai (CSE:NTAR), ARway (CSE:ARWY) and Toggle3D.ai (CSE:TGGL), has opted to take his salaries in stock, resulting in significant investments in each company, sending a high-conviction signal to the market about their growing augmented reality and artificial intelligence (AI) technologies. Here’s a breakdown of the insider purchases:
- 21,046,338 Nextech shares at C$0.065 per share in satisfaction of outstanding indebtedness of C$1,368,012.
- 2,566,666 Toggle3D shares at C$0.06 per share in satisfaction of outstanding indebtedness of C$154,000.
- 3,786,363 ARway shares at C$0.055 per share in satisfaction of outstanding indebtedness of C$208,250.
According to Nextech’s Friday news release, Gappelberg has taken his salaries in stock over the past few years, maximizing his exposure to all three companies’ “aggressive launch schedules in 2025”, which “aim to generate significant sales growth while setting a new benchmark for AI-powered solutions in e-commerce and the event industry.”
Gappelberg will discuss Nextech, Toggle3D and ARway during a livestream on January 22 at 12:00 pm ET.
All stock issued will be subject to a statutory hold period of four months and one day from the date of issuance.
About Nextech3D.ai
Nextech3D.ai uses proprietary artificial intelligence to craft immersive 3D experiences at scale for manufacturers with CAD files and for e-commerce merchants. Its primary focus is creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology.
Nextech3D.ai stock (CSE:NTAR) is up by 16.67 per cent trading at C$0.07 per share as of 11:15 am ET. The stock has given back 66.67 per cent year-over-year.
About ARway
ARway specializes in augmented reality and AI-driven solutions for event management, venue navigation and attendee engagement.
ARway stock (CSE:ARWY) is up by 9.09 per cent trading at C$0.06 per share as of 10:43 am ET. The stock has given back 86.36 per cent year-over-year.
About Toggle3D.ai
Toggle3D.ai is a software-as-a-service solution that uses generative AI to convert CAD files, apply stunning 4K texturing and enable seamless publishing of superior 4K 3D models for various industries in the US$160 billion CGI market.
Toggle3D.ai stock (CSE:TGGL) is up by 8.33 per cent trading at C$0.065 per share as of 11:13 am ET. The stock has given back 50 per cent year-over-year.
Join the discussion: Find out what everybody’s saying about these micro-cap AI stocks on the Nextech3D.ai Corp., ARway.ai and Toggle3D.ai Inc. Bullboards and check out Stockhouse’s stock forums and message boards.
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(Top photo of a 3D model from Nextech’s Aritize3D subsidiary: Nextech3D.ai)
