Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg joined Steve Darling from Proactive to share news the company the company has added 2 million dollars in cash to the bottom line without share dilution by doing a deal with FinTech Ratio Tech and its 400 million dollar credit fund. Gappelberg telling Proactive the 2 million in cash was paid against future invoices that the Company has contracts for but has not yet been paid. The company feels this new access to non-dilutive capital on these long-dated purchase orders will enhance Nextech3D.ai’s financial flexibility. The company's strong customer contracts, including blue-chip clients like Amazon and Kohl's, contribute to their ability to secure long-dated contracts and attract substantial funding.
Nextech3D.AI adds 2 million in growth capital cash from FinTech Ratio Tech