Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it is advancing plans to fully acquire Arway Corp, in a move aimed at unifying its suite of AI-powered event management technologies and positioning the company for accelerated growth in 2026.
The proposed transaction will allow Nextech to integrate Arway’s spatial computing and augmented reality navigation tools directly into its Map D event management platform.
The company said the consolidation is expected to cut costs, streamline development, and drive stronger recurring software revenue growth through a unified product offering.
“The reacquisition of Arway will consolidate our technology stack, allowing us to create a seamless, all-in-one event technology ecosystem,” Nextech told shareholders in a statement. “By aligning teams and integrating AI, AR, and navigation capabilities into Map D, we can accelerate product development and deliver a more powerful solution to organizers and exhibitors.”
Map D currently supports hundreds of events annually with digital tools for floor planning, ticketing, exhibitor management, and mobile engagement. The addition of Arway’s AR mapping technology and recent synergies from the company’s Eventdex acquisition are expected to expand customer adoption and unlock new cross-selling opportunities.
Despite impairment charges recognized in prior financial statements, Nextech said it remains confident in the strategic value of bringing Arway back under its umbrella, citing improved integration potential and operational efficiencies.
The company also confirmed it has terminated a previously announced deal to sell a majority stake in its subsidiary Toggle3D.ai to TQG Technologies after the parties were unable to finalize terms. Nextech said Toggle has been placed on care and maintenance while it evaluates new strategic options.
Separately, CEO Evan Gappelberg boosted investor confidence by purchasing 550,000 Nextech shares on the open market at an average price of US$0.10 per share.
“I continue to invest because I’m extremely excited about our business prospects and I don’t believe the current share price reflects our upside potential,” Gappelberg said. “I’m very optimistic about our growth in 2026 and beyond.”
Completion of the Arway transaction remains subject to shareholder and exchange approvals.