Nextech3D.ai Announces Definitive Agreement to Acquire 100% of ARway, Streamlining Operations
Accessnewswire·2025-12-02 16:05

Core Viewpoint - Nextech is acquiring the remaining shares of Arway Corporation to consolidate its technology offerings in the global events industry [1] Group 1: Transaction Details - Nextech currently owns 15 million shares, approximately 40% of Arway's 38 million outstanding shares [1] - A definitive agreement was established on December 1, 2025, outlining the terms for the acquisition of Arway's common shares [1] - The transaction aims to enhance Nextech's technology stack by integrating Arway and Map Dynamics, leading to a more competitive offering [1] Group 2: Strategic Implications - The acquisition is expected to streamline operations within Nextech and improve its position in the global events industry [1] - By consolidating resources, Nextech aims to create a unified platform that enhances its service offerings [1]

Nextech3D.ai Announces Definitive Agreement to Acquire 100% of ARway, Streamlining Operations - Reportify