Nextech3D.ai moves to reacquire ARway in strategic move, strengthening event technology ecosystem

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6d ago 4:18

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Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce the company’s intent to reacquire all issued and outstanding common shares of ARway Corporation, a move designed to further consolidate Nextech’s technology stack and streamline operations across its portfolio. By bringing Arway fully back under the Nextech umbrella, alongside its Map Dynamics (Map D) event management platform, the company aims to create a more unified organization. The reacquisition is expected to eliminate duplicative overhead, optimize development resources, and centralize operations, ultimately enhancing efficiency across the entire event technology suite. Nextech’s Map D platform currently supports hundreds of events each year, offering a wide range of features including interactive floor plans, exhibitor management, ticketing, badge printing, and mobile applications. The platform is also preparing to launch a next-generation blockchain ticketing system, which will further expand its capabilities and open new revenue opportunities. Gappelberg noted that consolidating ARway with Map D will not only strengthen the product lineup but also allow the company to better leverage synergies across platforms. This integration is expected to cut redundant expenses, improve operational efficiency, and foster scalable growth, while delivering greater value to both event organizers and attendees. Nextech already holds approximately 15 million shares of Arway, representing about 40% ownership, with company management collectively holding an additional 20% stake. This significant combined ownership demonstrates Nextech’s deep alignment with ARway’s long-term success and underscores the strategic rationale for full consolidation. By uniting ARway’s technology with Map D and the rest of its event-focused innovations, Nextech3D.ai is positioning itself to become a leading player in the global event technology market. Management believes the move will not only drive cost savings but also strengthen the company’s path toward profitability while enhancing its ability to scale in a rapidly evolving industry. #nextech3d.al #otcqx #nexcf #cse #ntar #EvanGappelberg #ARway #AugmentedReality #SpatialMapping #IndoorNavigation #MapDynamics #EventTech #TradeShowSolutions #TechStocks #ARRevenueGrowth #3DTechnology #ProactiveInvestors #aws #amazonwebservice #tickets #livenation

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