Nextech (CSE: NTAR) (OTCQB: NEXCF) (FSE: N29), a metaverse company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services, today announced that the spin-out of ARway Corp. (CSE: ARWY), a no-code spatial computing platform for real-world metaverse, is now complete. According to the announcement, ARway began trading on the Canadian Securities Exchange (“CSE”) on Wednesday, Oct. 26, 2022, under the ticker symbol: ARWY. Nextech AR believes that ARway is the first pure-play spatial computing public company and has retained an ownership stake of 13 million shares of ARway. Nextech AR is distributing 4 million additional shares as a stock dividend to Nextech shareholders on a pro-rata basis, which are now expected to settle in brokerage accounts on Friday, Oct. 28, 2022.
To view the full press release, visit https://ibn.fm/WHZ2T
About Nextech AR Solutions Corp.
Nextech is the engine accelerating the growth of the metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the metaverse. The company’s platform-agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D commerce, education, events, and industrial manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all metaverse contributors. For more information about the company, visit www.NextechAR.com.
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