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home / news releases / NTAR:CC - Nextech3D.AI announces arrangement agreement as it moves forward with spin-out of Toggle3D

NTAR:CC - Nextech3D.AI announces arrangement agreement as it moves forward with spin-out of Toggle3D

NEXTECH AR SOLUTIONS CORP.

--News Direct--

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg joined Proactive's Stephen Gunnion with news that the company has entered into an arrangement agreement with its wholly-owned subsidiary Toggle3D and a special purpose financing company, 1400330 B.C. Ltd (FinanceCo) for the spin-out of Toggle3D to a SpinCo.

Gappelberg told Proactive that the spin-off of Toggle3D will give Nextech shareholders ownership in yet another exciting public company.

Toggle3D already has over 1,300 users on its AI-Powered 3D design studio, which leaves it well positioned for growth in the rapidly emerging 3D everything and everywhere world, the company said.

Contact Details

Proactive Investors Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/nextech3d-ai-announces-arrangement-agreement-as-it-moves-forward-with-spin-out-of-toggle3d-443391286

Stock Information
Company Name: NEXTECH AR SOLUTIONS CORP.
Stock Symbol: NTAR:CC
Market: AQNC
Website: nextechar.com
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