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

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[{"type":"text","content":"Nextech3D.AI announces arrangement agreement as it moves forward with spin-out of Toggle3D\n \n \n (NewsDirect)\n \n \n Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)\nCEO Evan Gappelberg joined Proactive's Stephen Gunnion with news\nthat the company has entered into an arrangement agreement with its\nwholly-owned subsidiary Toggle3D and a special purpose financing\ncompany, 1400330 B.C. Ltd (FinanceCo) for the spin-out of Toggle3D to\na SpinCo.\n \n \n Gappelberg told Proactive\nthat the spin-off of Toggle3D will give Nextech shareholders ownership\nin yet another exciting public company.\n \n \n Toggle3D already has\nover 1,300 users on its AI-Powered 3D design studio, which leaves it\nwell positioned for growth in the rapidly emerging 3D everything and\neverywhere world, the company said.\n \n \n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors Canada\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1363,"tagName":"div"}]

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