Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg has acquired more shares of the augmented reality (AR) and artificial intelligence company.
The firm said Friday that it issued over 21 million shares to its CEO in lieu of cash compensation.
The shares, valued at $0.065 each, amount to nearly $1.4 million.
Gappelberg has elected to take shares instead of cash for his salary compensation for the past few years, Nextech said in a statement.