NexTech3D.AI Secures Funding Through Private Placement

NexTech AR Solutions (TSE:NTAR) has released an update.

NexTech3D.AI has successfully completed the initial phase of its private placement, securing $475,000 by issuing 4.75 million units at $0.10 each. Investors received shares and warrants, with the latter allowing additional share purchases at $0.15 for two years. The funds raised are earmarked for the company’s working capital and general corporate needs.

For further insights into TSE:NTAR stock, check out TipRanks’ Stock Analysis page.