NEXTGEN DIGITAL CLOSES SECOND TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS AND COMMON SHARES

Group 1 - NextGen Digital Platforms Inc. has completed the second tranche of its non-brokered private placement, issuing 3,393,100 special warrants and 440,000 common shares at a price of $0.30 per security, resulting in gross proceeds of $1,149,930.10 [1][2] - The company plans to complete a third and final tranche of the offering next week and has paid finder's fees totaling $41,845.31 in cash and 131,244 common share purchase warrants [2][5] - Each special warrant will automatically convert into one common share on the earlier of three business days after filing a prospectus supplement or four months and one day after the closing of the offering [3][4] Group 2 - The company intends to use the net proceeds from the offering for corporate development, marketing, and general working capital [5] - NextGen has engaged Tafin GmbH for investor relations services focused on the German stock market, with an initial term of ten weeks and a one-time payment of EUR250,000 [6] - NextGen Digital Platforms Inc. operates e-commerce platform PCSections.com and a hardware-as-a-service business supporting the AI sector, with plans to democratize access to cryptocurrencies [7]