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CORRECTION: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces $321,917 CEO Investment
Correction: The conversion price was incorrectly reported as .14/share. The correct price is .165/share Correction: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces $321,917 CEO Investment Correction: The conversion ...

About this update from Nextech3d.ai Corporation
[{"type":"text","content":"Correction: The conversion price was incorrectly reported as .14/share. The correct price is .165/share","length":103,"tagName":"p"},{"type":"text","content":"Correction: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces $321,917 CEO Investment","length":117,"tagName":"p"},{"type":"text","content":"Correction: The conversion price was incorrectly reported as .14/share. The correct price is .165/share","length":103,"tagName":"p"},{"type":"text","content":"TORONTO, ON / ACCESS Newswire / December 24, 2025 / Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS), an AI-first event technology and digital engagement company, is pleased to provide shareholders with an update on its previously announced acquisition of Krafty Labs, a revenue generating AI-driven event engagement and experiential technology company serving global enterprise customers.","length":386,"tagName":"p"},{"type":"text","content":"Krafty Labs Acquisition Update","length":30,"tagName":"p"},{"type":"text","content":"The Company is pleased to confirm that the due diligence process has been successfully completed, and the acquisition of Krafty Labs is scheduled to close on January 2, 2026, subject to customary closing conditions including CSE approval.","length":238,"tagName":"p"},{"type":"text","content":"Krafty Labs brings a highly attractive blue-chip customer base, along with approximately $1.2 million in year-to-date 2025 revenue and gross margins of 72%. Management believes this acquisition meaningfully enhances Nextech3D.ai's AI-first event platform and expands its reach into higher-value enterprise and association customers.","length":336,"tagName":"p"},{"type":"text","content":"CEO Convertible Note Investment Demonstrates Strong Alignment","length":61,"tagName":"p"},{"type":"text","content":"In connection with the Company's continued execution and growth strategy, Evan Gappelberg, Chief Executive Officer of Nextech3D.ai, has committed to invest $321,917 directly into the Company through an 18-month convertible note bearing 12% annual interest.","length":260,"tagName":"p"},{"type":"text","content":"Key terms of the CEO investment include:","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Term: 18 months","length":15,"tagName":"p"}]},{"val":[{"type":"text","content":"Interest Rate: 12% per annu...