Subject: Nextech Press Releses
Word Document
File: '\\swfile\EmailIn\20240524 131124 Attachment 20240524 EWR - Arway.docx'
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NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
NEWS RELEASE
NEXTECH3D.AI DISPOSES OF SECURITIES OF ARWAY CORPORATION
Toronto, Ontario, May 24, 2024 - Nextech3D.ai Corporation ("Nextech") announces that it has disposed of ownership and control of an aggregate of 2,000,000 common shares (the "Shares") of Arway Corporation (the "Company" or "Arway"), effective May 17, 2024 (the "Transaction").
The Shares were disposed of pursuant to a private purchase and sale transaction and represent approximately 7% of all issued and outstanding Shares as of May 17, 2024, resulting in a corresponding change to the aggregate percentage ownership of the Company by Nextech.
Immediately before the Transaction, Nextech held an aggregate of 12,999,693 Shares, representing approximately 45.6% of the issued and outstanding Shares. Immediately following the Transaction, Nextech held 10,999,693 Shares representing approximately 38.6% of the issued and outstanding Shares at May 17, 2024.
The Shares were disposed of for an aggregate purchase price of $100,000. The Shares were disposed of in a private transaction and not through the facilities of any stock exchange. The holdings of securities of the Company by Nextech are managed for investment purposes, and Nextech could increase or decrease its investment in the Company at any time, or continue to maintain its current investment position, depending on market conditions or any other relevant factor.
Additional Information
A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: Nextech3D.ai Corporation, PO Box 64039, Toronto RPO Royal Bank Plaza, Toronto, Ontario, M5J 2T6, Tel: 631-655-6733.
Word Document
File: '\\swfile\EmailIn\20240524 131126 Attachment 20240524 EWR - Toggle.docx'
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4856-9013-2159, v. 1
NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
NEWS RELEASE
NEXTECH3D.AI DISPOSES OF SECURITIES OF TOGGLE3D.AI INC.
Toronto, Ontario, May 24, 2024 - Nextech3D.ai Corporation ("Nextech") announces that it has disposed of ownership and control of an aggregate of 1,000,000 common shares (the "Shares") of Toggle3D.ai Inc. (the "Company" or "Toggle"), effective May 17, 2024 (the "Transaction").
The Shares were disposed of pursuant to a private purchase and sale transaction and represent approximately 3.3% of all issued and outstanding Shares as of May 17, 2024, resulting in a corresponding change to the aggregate percentage ownership of the Company by Nextech.
Immediately before the Transaction, Nextech held an aggregate of 13,000,000 Shares, representing approximately 43% of the issued and outstanding Shares. Immediately following the Transaction, Nextech held 12,000,000 Shares representing approximately 39.7% of the issued and outstanding Shares at May 17, 2024.
The Shares were disposed of for an aggregate purchase price of $50,000. The Shares were disposed of in a private transaction and not through the facilities of any stock exchange. The holdings of securities of the Company by Nextech are managed for investment purposes, and Nextech could increase or decrease its investment in the Company at any time, or continue to maintain its current investment position, depending on market conditions or any other relevant factor.
Additional Information
A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: Nextech3D.ai Corporation, PO Box 64039, Toronto RPO Royal Bank Plaza, Toronto, Ontario, M5J 2T6, Tel: 631-655-6733.
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