NextGen Digital Unveils Exciting Private Placement Opportunity

Author: Caleb Price Updated: 04-01-2025 07:57 AM

NextGen Digital Announces a New Investment Opportunity

NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) has recently made an exciting announcement regarding a new non-brokered private placement. The company is set to offer up to 10 million special warrants and/or common shares at a price of $0.30 each. This initiative is expected to generate gross proceeds of up to $3 million, which will be utilized for various corporate activities, marketing strategies, and general operational needs.

Details of the Offering

The special warrants will automatically convert into shares, which means investors will not need to pay anything additional upon conversion. This offer is open for a limited time, and NextGen is leveraging a cash finder's fee of 7% for this offering. As part of this arrangement, the company will also issue broker warrants, each entitling the holder to purchase one share at the same price for a period of two years from the issuance date.

Utilization of Proceeds

NextGen plans to channel the net proceeds from this offering into robust corporate development as well as enhancing its marketing initiatives aimed at expanding its foothold in the dynamic sectors of digital assets and artificial intelligence.

Insider Participation and Regulatory Compliance

It is noteworthy that insiders may choose to participate in this offering, which may classify these transactions as related party transactions under the Multilateral Instrument 61-101. NextGen is prepared to meet the necessary conditions to ensure compliance with all applicable regulatory frameworks, including approvals from the Canadian Securities Exchange (the CSE).

About NextGen Digital Platforms Inc.

NextGen Digital Platforms Inc. is a prominent player in the field of digital innovation, with a strong focus on artificial intelligence and digital assets. Through its hardware-as-a-service model, the company provides cutting-edge Cloud AI Hosting capabilities, which entail infrastructure support for AI-driven applications. As it continues to pave a path in technology, NextGen constantly seeks opportunities to acquire promising digital platforms that align with its strategic vision.

Investor Relations

If you are interested in learning more about this private placement or have any inquiries, feel free to reach out to Alexander Tjiang, Interim Chief Executive Officer, at (416) 300-7398 or through email. NextGen welcomes any questions and is eager to provide further details about its exciting growth trajectory.

Frequently Asked Questions

What is the purpose of the private placement?

The private placement aims to raise funds for corporate development, marketing initiatives, and general working capital.

How many special warrants and common shares are being offered?

NextGen Digital Platforms is offering up to 10 million special warrants and/or common shares at $0.30 each.

What happens to the special warrants once purchased?

The special warrants will automatically convert into common shares without any additional payment required from the holders.

Who can participate in this offering?

This offering is open to investors, including company insiders who may want to take part in this investment opportunity.

How does NextGen plan to utilize the proceeds from the offering?

The proceeds will primarily be allocated towards corporate development, marketing strategies, and enhancing overall operational capabilities.

About The Author

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