NextGen Digital Platforms Inc.
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NEXTGEN DIGITAL CLOSES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF UNITS
Globenewswire· 2025-11-07 23:46
Core Points - NextGen Digital Platforms Inc. has completed the first tranche of its non-brokered private placement, issuing 2,065,000 units at $0.40 per unit, resulting in gross proceeds of $826,000 [1][4] - Each unit consists of one common share and one half of a transferable common share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.60 for 24 months [2] - The warrants have an accelerated expiry provision if the closing price exceeds $0.90 for ten consecutive trading days, leading to a 30-day expiry notice [3] Financial Details - The company paid finder's fees totaling $30,820 in cash and issued 57,050 finder's warrants, each exercisable at $0.40 for 24 months [4] - The net proceeds from the offering will be used for corporate development, marketing, and general working capital [5] Management Changes - Matthew Priebe will resign as CEO effective December 5, 2025, to pursue other opportunities, with the company expressing gratitude for his contributions [7] Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, aiming to develop innovative financial structures aligned with decentralized finance [8]
NextGen Signs LOI with Resi Labs to Scale AI Real Estate Subnet on Bittensor
Globenewswire· 2025-10-28 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has entered into a non-binding Letter of Intent with RESI Inc. to explore a potential joint venture aimed at developing and scaling Resi's AI-based real estate intelligence platform [1][2]. Transaction Overview - The parties aim to negotiate a definitive agreement within 30 days of signing the LOI [3]. - The proposed structure is designed to align NextGen with Resi's commercial growth, providing exposure to Resi's Bittensor subnet and potential future revenues from its AI platform [4]. Strategic Significance - The partnership is expected to enhance NextGen's involvement in the Bittensor ecosystem, a decentralized AI network where subnets compete to deliver specialized intelligence [7]. - This transaction, along with a previously announced TAO staking initiative, would extend NextGen's exposure to both infrastructure and application layers in the sector [7]. Investment Details - NextGen plans to invest US $200,000 in Resi through a Simple Agreement for Future Equity with a US $20 million valuation cap, allocating 75% to working capital and 25% to sales and business development [8]. - Additionally, NextGen intends to purchase US $100,000 of Resi's Alpha tokens, which will be subject to a six-month lock-up period [8]. Leadership and Expertise - Resi is led by Seby Rubino, who has significant experience in machine learning, real estate technology, and decentralized systems, which is expected to be valuable for pursuing technical and commercial opportunities [6].
NEXTGEN DIGITAL ANNOUNCES $2.0 MILLION NON-BROKERED PRIVATE PLACEMENT FINANCING
Globenewswire· 2025-10-06 11:30
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].
NextGen Digital Platforms Inc. Responds to OTC Markets Request on Recent Promotional Activity
Globenewswire· 2025-10-03 01:00
Core Viewpoint - NextGen Digital Platforms Inc. has been involved in promotional activities regarding its common shares, which were disclosed following a request from OTC Markets Group Inc. The company acknowledges its engagement with Gold Standard Media LLC for investor relations and advertising services, which included the distribution of promotional materials [1][2][3]. Group 1: Promotional Activities - On September 29, 2025, OTC Markets informed the company about promotional activities related to its shares, including newsletters published by Gold Standard Media LLC discussing the company and its Bittensor business [2]. - The company entered into an advertising agreement with Gold Standard Media LLC on July 28, 2025, and was aware of the promotional activities since that date [3]. - The company provided publicly available information for the marketing materials, which were reviewed and approved by management for factual accuracy [5]. Group 2: Company’s Position on Promotional Impact - The company does not believe that the promotional activities were the primary factor for any increase in trading volume but rather that they increased investor interest and awareness [6]. - After inquiries, the company confirmed that no directors, officers, or third-party service providers were involved in the creation or distribution of promotional materials beyond what was disclosed [7]. Group 3: Recent Share Transactions - The CEO of the company purchased 300,000 shares in the past 90 days, indicating insider confidence [8]. Group 4: Investor Relations and Services - The company has engaged several third-party service providers for investor relations and marketing services over the past twelve months, including Gold Standard Media LLC, Tafin GmbH, and others [9]. Group 5: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, aiming to develop innovative financial structures aligned with decentralized finance [11]. - The company also operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector [12].
NextGen Digital Platforms Inc. Reiterates its Strategic Plan to Build Long-Term Value by Bridging Traditional Capital Markets with Web3 Infrastructure
Globenewswire· 2025-09-29 11:30
Core Insights - NextGen Digital Platforms Inc. is expanding its business into the digital asset ecosystem and implementing a cryptocurrency treasury management strategy, receiving approval from shareholders and the Canadian Securities Exchange [2][3] - The company has purchased 444 TAO tokens from the Bittensor network and staked them, marking a significant step in its strategy to connect traditional capital markets with decentralized AI and digital networks [3][4] - NextGen aims to integrate with the Bittensor network, deploy validator nodes, and develop AI-focused subnets for applications like natural language processing and predictive analytics [4][6] Strategic Initiatives - The company plans to manage a crypto treasury program, acquiring digital assets such as Bitcoin, Ethereum, and TAO to support its operational strategy rather than as passive investments [5][6] - NextGen's strategy emphasizes maximizing asset utilization across hardware, software, and digital networks, positioning itself at the intersection of AI, blockchain, and Web3 infrastructure [6][7] - The expansion into Digital Asset Infrastructure Operations aligns with the company's technical capabilities and long-term vision for scalable growth [3][4] Business Model - NextGen operates a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets, focusing on innovative financial structures that align with decentralized finance [7][8] - The company is committed to transparency, regulatory compliance, and shareholder value creation while establishing a scalable revenue stream through its infrastructure-driven initiatives [7][8]
NextGen Digital Platforms Inc. Purchases 444 TAO Tokens and Stakes with Top-Ranked Validator RoundTable21
Globenewswire· 2025-09-26 11:30
Core Insights - NextGen Digital Platforms Inc. has purchased 444 TAO tokens for approximately USD$134,177, averaging USD$302 per token, and has staked them with RoundTable21, a top validator in the Bittensor network [1][2][3] Strategic Significance for NextGen - The transaction is a significant step in NextGen's strategy to integrate traditional capital markets with decentralized AI and digital networks, generating real-time, recurring revenue while enhancing the Bittensor ecosystem's security and performance [2][4] - By staking TAO tokens, the company diversifies its revenue streams and positions itself for expansion into validator operations and AI-driven opportunities within the Bittensor network [7] Corporate Changes - Alexander Tjiang has resigned from the Board but will continue to support the company as an independent advisor, reflecting a transition in leadership while maintaining continuity in advisory support [4][5] Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, committed to developing innovative financial structures that prioritize transparency and regulatory compliance [5]
NextGen Digital Platforms Inc. Announces Approval of Change of Business
Globenewswire· 2025-09-25 22:00
Core Viewpoint - NextGen Digital Platforms Inc. has received shareholder approval and final regulatory approval for its expansion into the digital asset ecosystem and the implementation of a cryptocurrency treasury management strategy [1][2]. Group 1: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company that offers investors exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets [3]. - The company is focused on developing innovative financial structures that align with decentralized finance while emphasizing transparency, regulatory compliance, and shareholder value creation [3]. Group 2: Business Changes - The proposed expansion into the digital asset ecosystem is referred to as the "Change of Business," which has been approved by a majority of the company's shareholders [1]. - A CSE Form 2A – Listing Statement has been filed with the Canadian Securities Exchange, providing additional information regarding the Change of Business [2].
NextGen Digital Platforms Inc. Announces Approval of Change of Business
Globenewswire· 2025-09-25 22:00
Core Insights - NextGen Digital Platforms Inc. has received shareholder approval for its business expansion into the digital asset ecosystem and the implementation of a cryptocurrency treasury management strategy [1] - The Canadian Securities Exchange has granted final approval for the Change of Business [1] Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company that offers investors exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets [3] - The company focuses on developing innovative financial structures that align with decentralized finance while emphasizing transparency, regulatory compliance, and shareholder value creation [3] - NextGen operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector, known as Cloud AI hosting [3] Regulatory Filings - In connection with the Change of Business, the company has filed a CSE Form 2A – Listing Statement dated September 24, 2025, which is available on the company's SEDAR+ profile [2]
NextGen Digital Platforms Inc. Announces Filing of Listing Statement for Change of Business
Globenewswire· 2025-09-24 15:44
Core Viewpoint - NextGen Digital Platforms Inc. has received conditional approval from the Canadian Securities Exchange to expand its business into the digital asset ecosystem and implement a cryptocurrency treasury management strategy, pending shareholder approval [1][2]. Group 1: Change of Business - The proposed Change of Business involves the company's transition into the digital asset ecosystem and the implementation of a cryptocurrency treasury management strategy [1]. - A CSE Form 2A – Listing Statement has been filed, detailing the Change of Business, which is also accessible on the company's SEDAR+ profile [2]. - The Change of Business is still subject to final approval from the CSE [2]. Group 2: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company that offers investors exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets [4]. - The company focuses on developing innovative financial structures that align with decentralized finance while emphasizing transparency, regulatory compliance, and shareholder value creation [4]. - NextGen operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector, known as Cloud AI hosting [4].
NextGen Digital Platforms Inc. Appoints Mark Creaser to Advisory Board
Globenewswire· 2025-09-05 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Mark Creaser as an advisor, enhancing its position in the decentralized AI sector and Web3 infrastructure [1][2]. Group 1: Appointment of Mark Creaser - Mark Creaser is the CEO of DSV Fund and a recognized leader in the Bittensor ecosystem, bringing extensive expertise and network reach in decentralized AI [2][3]. - His appointment is expected to strengthen NextGen's validator operations, subnet investments, and TAO-related strategies [2][4]. Group 2: Background of Mark Creaser - Under Creaser's leadership, DSV Fund has executed a targeted OTC strategy, securing high-value subnet positions and partnerships with key founders in the Bittensor network [3][4]. - Creaser has a proven track record in scaling and advising companies across various sectors, holding a BA in Economics and Government from the University of Manchester [5]. Group 3: Incentive Stock Options - In connection with his appointment, the Company has granted Creaser 200,000 incentive stock options exercisable at $0.50 per share for five years, with vesting beginning four months from the grant date [6]. Group 4: About NextGen Digital Platforms Inc. - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to a diversified portfolio of Web3 technologies and blockchain infrastructure [7]. - The Company is committed to developing innovative financial structures that align with decentralized finance while prioritizing transparency and regulatory compliance [7].