Mr. Evan Gappelberg reports
ARWAY CORPORATION ANNOUNCES CLOSING OF SHARE ISSUANCE TO CEO
ARway Corp. has closed the issuance of 3,786,363 common shares to its chief executive officer, Evan Gappelberg, in consideration of outstanding indebtedness owing. The shares were issued at a deemed price of 5.5 cents per share and comprise part of Arway's continued strategy to align the interests of its leadership with those of the shareholders, driving long-term value and growth for the company.
The shares issued to Mr. Gappelberg are subject to a four-month holding period in accordance with applicable securities regulations, ending June 21, 2025. This closing marks an important step in the company's continuing efforts to incentivize and retain top leadership talent while reinforcing the shared commitment to driving the business forward.
About ARway Corp.
ARway is a pioneering platform specializing in augmented reality (AR) and artificial-intelligence-driven solutions for event management, venue navigation and attendee engagement. As a spinoff of Nextech3D.ai, ARway leverages cutting-edge technology to revolutionize the way events are managed and experienced, delivering seamless, interactive and personalized solutions for attendees and organizers alike.
About Nextech3D.ai
Nextech3D.ai is a leading AI technology company dedicated to delivering innovative solutions across various industries. With a focus on augmented reality, 3-D modelling and AI-powered tools, Nextech3D.ai is committed to transforming how businesses operate and engage with their audiences.
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