NEXTGEN DIGITAL ANNOUNCES $2.0 MILLION NON-BROKERED PRIVATE PLACEMENT FINANCING

Core Viewpoint - NextGen Digital Platforms Inc. is proceeding with a non-brokered private placement to raise up to $2,000,000 by offering 5,000,000 units at $0.40 each, with each unit consisting of one common share and one half of a warrant [1][2]. Group 1: Offering Details - The offering consists of up to 5,000,000 units priced at $0.40 per unit, aiming for gross proceeds of up to $2,000,000 [1]. - Each unit includes one common share and one half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.60 for 24 months [2]. - The warrants have an accelerated expiry provision, where if the closing price exceeds $0.90 for ten consecutive trading days, the expiry will be shortened to 30 days [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for corporate development, marketing, and general working capital [4]. Group 3: Company Strategy and Market Position - The CEO of NextGen emphasizes the importance of accelerating growth in the context of rising digital assets and artificial intelligence, highlighting opportunities in the Bittensor ecosystem [5]. - The company aims to bridge web3, digital assets, and capital markets, focusing on AI applications such as language processing and predictive analytics [5]. - NextGen Digital Platforms Inc. is positioned as a fintech and digital asset company, committed to innovative financial structures and regulatory compliance [7].