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Nextech AR (CSE:NTAR) (OTCQB:NEXCF) shareholders approve spin out of ARway

Technology
CSE:NTAR
14 October 2022 08:30 (EDT)

Source: Nextech AR Solutions Corp.

Nextech AR Solutions (NTAR) has received shareholder approval for the spin-out of the ARway platform to subsidiary 1000259749 Ontario Inc.

Nextech will receive a total of 16,000,000 common shares of ARway, with a total of 4,000,000 ARway shares to be distributed directly to Nextech shareholders.

ARway is a spatial computing platform that offers out-of-box augmented reality mapping solutions.

Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals.

Nextech AR Solutions (NTAR) opened trading at C$0.81 per share.


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