Apr 15, 2021
Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), is a leading provider of virtual and augmented reality (“AR”) experience technologies and services, based in Vancouver, Canada. The company recently announced the closing of $14 million (the “Offering”) bought-deal short-form prospectus that the company will use for working capital and other purposes. The company issued 2,801,500 units of the company (the “Units”) at $5.00 per Unit and 100,000 common share purchase warrants, as a partial exercise of the over-allotment option amounting to the gross proceeds to roughly $14 million (https://ibn.fm/Ttwus).
The Offering was led by Research Capital Corporation (formerly Mackie Research Capital Corporation) as the sole underwriter and sole bookrunner (the “Underwriter”). Shareholders are entitled to purchase a common share at an exercise price of…
NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF
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