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Nextech3D.ai advances ARway acquisition as valuations confirmed

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS), an AI-first event technology and 3D modeling company, has received final fairness opinions supporting its planned acquisition of ARway.

Under the three-cornered amalgamation agreement, ARway shareholders will receive 0.5141388221 Nextech shares for each ARway share held.

The transaction values ARway at approximately C$2.55 million and Nextech at C$33.21 million based on 20-day VWAP calculations. All other terms of the deal remain unchanged.