PriceSensitive

Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF) updates CSE listing and spin-off of ARway

Sponsored, Technology, The Watchlist
CSE:NTAR
16 September 2022 13:15 (EDT)

This browser does not support the video element.

Nextech AR’s (NTAR) ARway has received conditional approval to list on the CSE under the symbol ARWY.

The company has begun working on getting ARway dual-listed in the United States on the OTCQB, and internationally on the Frankfurt Stock Exchange.

Nextech AR CEO Evan Gappelberg sat down with Sabrina Cuthbert to discuss the update.

Initially announced in June 2022, the company is closing in on finalizing the spin-off. The spin-off will render ARway a stand-alone public company. Nextech AR shareholders of record will receive a total of 4 million new shares in ARway on a pro-rata basis.

The ARway offering has an unlimited number of use cases for augmenting physical spaces in the metaverse, consisting of indoor navigation with AR activations to improve the visitor experience in large and complex spaces. ARway doesn’t require any CAPEX (like installing indoor positioning beacons or Bluetooth) to spatially map indoor spaces. All that’s needed is a QR code to activate.

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

https://video.wixstatic.com/video/be6dcd_1e722be6b6a74a8b8c537e741fb50178/480p/mp4/file.mp4

Nextech AR Solutions (NTAR) opened trading at C$0.74 per share.


Related News