on Nextech3D.ai (CVE:NTAR)
Nextech3D.ai Updates on Krafty Labs Acquisition and CEO Investment
Nextech3D.ai, based in Toronto, has finalized the due diligence for its acquisition of Krafty Labs, an AI-driven event engagement firm. The deal is set to close on January 2, 2026, pending standard closing conditions, including CSE approval. Krafty Labs reported $1.2 million revenue and a 72% gross margin for 2025, enhancing Nextech3D.ai's event platform and reach.
CEO Evan Gappelberg will personally invest $321,917 in the company via an 18-month convertible note at 12% annual interest. This investment can convert into 2,299,412 common shares at $0.165 per share. Gappelberg remains the largest shareholder, owning 32,757,017 shares, reinforcing management alignment with shareholders.
Through this acquisition and investment, Nextech3D.ai aims to bolster its AI-first event technology platform to enhance customer engagement and monetize virtual, hybrid, and in-person events.
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