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NextGen Digital Files Preliminary Short Form Base Shelf Prospectus
Globenewswire·2025-06-11 11:30

Core Viewpoint - NextGen Digital Platforms Inc. has filed a preliminary short form base shelf prospectus to enhance financial flexibility, allowing potential future offerings of securities up to an aggregate price of $20 million over a 25-month period [1][2][3]. Group 1: Company Overview - NextGen Digital Platforms Inc. operates an e-commerce platform called PCSections.com and a hardware-as-a-service business for the artificial intelligence sector known as Cloud AI Hosting, both developed in-house [5]. - The company aims to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle [5]. - NextGen also plans to evaluate and potentially acquire or develop other micro-technology platforms [5]. Group 2: Financial Flexibility and Offerings - The preliminary base shelf prospectus allows the company to offer common shares, warrants, subscription receipts, debt securities, units, or any combination thereof [3]. - The specific terms of any future offerings, including the use of proceeds, will be detailed in a shelf prospectus supplement filed with Canadian securities regulatory authorities [3].