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Nextech AR (CSE:NTAR) CEO Evan Gappelberg buys 72,656 company shares

Sponsored, Technology, The Watchlist
CSE:NTAR
07 December 2021 13:17 (EDT)

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Nextech AR (NTAR) CEO Evan Gappelberg has purchased 72,656 shares through the open market at an average purchase price of $1.40 per share.

This purchase increases Evan Gappelberg’s ownership to 10,049,279 common shares.

Select senior management team members have purchased an aggregate of 37,000 shares through open market buys over the last several weeks.

Nextech AR CEO Evan Gappelberg sat down with Dave Jackson to discuss his continued investment in Nextech.

“I continue to invest and buy more shares because I’m extremely excited about the Metaverse and our business prospects within the Metaverse, and don’t believe that our current share price reflects the upside potential of our businesses. The Metaverse opportunity is new, exciting and huge to most companies, but we have been working on it for the past few years which gives us what I believe is a head start. We are starting to see business momentum in our 3D and AR product offerings as more and more brands and companies are beginning to recognize this massive opportunity. Just recently, companies like Facebook, Epic Games, Microsoft, Unity, Nike, Adidas, Budweiser, and more have all joined the Metaverse revolution and are looking to companies like Nextech and others to provide 3D and AR solutions.

As we continue to innovate and roll out new product offerings that fit into the Metaverse narrative I’m very optimistic about our growth in 2022 and beyond. I’m investing today because I see many years of strong forward growth ahead, primarily in our expansive ARitize technology stack, which includes; ARitize Metaverse Studio, ARitize 3D, ARitize Ads, ARitize CAD, ARitize Decorator, ARitize Holograms, ARitize CPG, ARitize labs, ARitize University, ARitize Event 3D, ARitize Portals, ARitize Concerts, ARitize Capture, ARitize Play”.

Nextech AR Solutions is bringing augmented reality (AR) to the masses by creating an AR ecosystem featuring ecommerce solutions for websites, AR learning and education as well as AR live streaming for events.

Nextech AR Solutions (NTAR) opened trading at C$1.36 per share.

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