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Nextech3D.ai Announces Definitive Agreement to Acquire 100% of ARway, Streamlining Operations
Nextech already owns 15million shares or about 40% of the 38 million shares outstanding in Arway Corporation ("Arway") OTCQB: ARWYF / CSE: ARWY TORONTO, ON / ACCESS Newswire / December 2, 2025 /Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS), Nextech ...
About this update from Nextech3d.ai Corporation
[{"type":"text","content":"Nextech already owns 15million shares or about 40% of the 38 million shares outstanding in Arway Corporation ("Arway") OTCQB: ARWYF / CSE: ARWY","length":153,"tagName":"p"},{"type":"text","content":"TORONTO, ON / ACCESS Newswire / December 2, 2025 / Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS), Nextech an AI-first 3D modeling and event technology company, and Arway is pleased to announce that they have entered into a definitive agreement dated December 1, 2025 (the "Definitive Agreement") setting forth the terms and conditions of their previously announced transaction pursuant to which Nextech proposes to acquire all of the common shares of Arway ("Arway Shares") which it does not already own (the "Transaction"). The Transaction will allow Nextech to further consolidate its technology stack with Arway and Map Dynamics ("Map D"), creating a more unified and competitive offering for the global events industry while streamlining operations.","length":793,"tagName":"p"},{"type":"text","content":"Strategic Rationale","length":19,"tagName":"p"},{"type":"text","content":"Owned by Arway, Map D supports hundreds of events annually with interactive floor plans, exhibitor tools, ticketing, badge printing, mobile apps, and blockchain ticketing. Bringing Arway back in-house is expected to streamline operations, eliminate redundant overhead, and accelerate development across AI, AR, and navigation technologies.","length":339,"tagName":"p"},{"type":"text","content":"Nextech currently owns ~40% of Arway, with management holding an additional ~20%, demonstrating strong alignment and long-term commitment.","length":138,"tagName":"p"},{"type":"text","content":"The consolidation is expected to:","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reduce costs through team and technology integration","length":52,"tagName":"p"}]},{"val":[{"type":"text","content":"Accelerate product innovation by combining AI, AR navigation, and 3D tools into a single event platform","length":103,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":155,"olType":false},{"type":"text","content":"The unified suite will span event setup, AI matchmaking, AR/AI navigation, ticketing, payments, and blockchain capabilities-supporting Nextech's strategy of growing recurring SaaS re...