Nextech3D.ai CEO Evan Gappelberg Increases Ownership with Open Market Purchase of 500,000 Common Shares
Accessnewswire·2026-03-31 11:40

Core Viewpoint - The CEO of Nextech3D.ai, Evan Gappelberg, has increased his ownership by purchasing 500,000 common shares at an average price of $0.12 CAD per share, indicating his belief that the stock is undervalued compared to the company's fundamentals [2][3][4]. Company Ownership and Investment - Following the recent acquisition, the CEO now owns over 30 million common shares, reflecting his confidence in the company's growth strategy and the adoption of its event technology platform [3][4]. - The purchase was made for investment purposes, emphasizing the CEO's commitment to the company's future [3]. Management Commentary - Gappelberg stated that the current market valuation does not reflect the operational milestones achieved in early 2026, describing the stock as "stupidly cheap" [4][5]. - He believes that a re-rating of the stock could occur as the market recognizes the company's 95% gross margins and 59% year-over-year revenue growth [5]. Operational Momentum - Nextech3D.ai has reported a strong start to 2026, achieving profitability in its Krafty Labs division and securing 50 new customer contracts since January [5]. - The company's unified AI platform is increasingly utilized by Fortune 1000 companies for various event management solutions, positioning it for sustained scalability within the $1.5 trillion global events industry [5][6].

Nextech3D.ai CEO Evan Gappelberg Increases Ownership with Open Market Purchase of 500,000 Common Shares - Reportify