Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has announced the launch of a 12-month online marketing campaign with AGORACOM, featuring AI-generated content aimed at reaching investors globally, including a Verified Forum to facilitate moderated engagement between management and shareholders.
The campaign will be conducted through AGORACOM’s cashless shares-for-services program, requiring no cash outlay from Nextech3D.ai.
AGORACOM, a provider of online investor relations services for more than 25 years, will support Nextech3D.ai with cinematic AI videos, avatars, and multilingual content across its network of 9 million investors and more than 900 million page views.
The program is structured as a series of share-based payments totaling C$125,000 plus HST, issued in five installments over the 12-month term.
In conjunction with the company’s growth strategy, Nextech3D.ai said that its CEO Evan Gappelberg has invested $321,917 through an 18-month convertible note with a 12% annual interest rate. The note may be converted at the CEO’s discretion into 1,951,012 common shares at a fixed price of $0.165 per share.
The CEO also received an equal number of common share purchase warrants with a three-year term at the same exercise price. Gappelberg remains the company’s largest shareholder, holding 32,757,017 common shares.
The company also corrected details previously reported regarding the number of warrants and common shares underlying the convertible notes issued in connection with the Krafty Labs acquisition.
The correct figures are 1,951,012 common shares at a warrant exercise and conversion price of $0.165 per share, down from the previously reported 2,299,412 shares at $0.14 per share.