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NEXTGEN DIGITAL ANNOUNCES $2.0 MILLION NON-BROKERED PRIVATE PLACEMENT FINANCING
Globenewswire· 2025-10-06 11:30
Vancouver, B.C., Oct. 06, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) announces that it will proceed with a non-brokered private placement of up to 5,000,000 units of the Company (the “Units”) at $0.40 per Unit for gross proceeds of up to $2,000,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one half of a transferrable common share purchase warrant (a “Warrant”).  Each w ...
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. 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
Vancouver, B.C., Sept. 25, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, is pleased to announce, further to its news release of September 24, 2025, that the proposed expansion of its business into the digital asset ecosystem and the implementation of a cryptocurrency treasury management strategy (the “Change of Business”) has been approv ...
NextGen Digital Platforms Inc. Announces Filing of Listing Statement for Change of Business
Globenewswire· 2025-09-24 15:44
Vancouver, B.C., Sept. 24, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, is pleased to announce that the Canadian Securities Exchange (the “CSE”) has conditionally approved the proposed expansion of its business into the digital asset ecosystem and the implementation of a cryptocurrency treasury management strategy (the “Change of Busine ...
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].
NextGen Digital Announces Private Placement of Special Warrants Convertible into Secured Digital Asset-Backed Notes
Globenewswire· 2025-07-09 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has announced a non-brokered private placement of up to 2,000 special warrants for gross proceeds of up to C$2,000,000, funded through the contribution of Bitcoin and/or Ethereum by an arm's-length purchaser [1][2][11] Group 1: Offering Details - The Offering will consist of up to 2,000 special warrants, with gross proceeds expected to reach C$2,000,000 [1] - Each special warrant will automatically convert into $1,000 principal amount of 10.0% secured convertible notes upon certain conditions [3] - The notes will mature one year from issuance and bear interest at a rate of 10.0% per annum, payable at maturity either in cash or in units of the company [4] Group 2: Structure of Securities - Each unit will consist of one common share and one common share purchase warrant, with the warrant exercisable at a 25% premium to the conversion price [5] - Holders of the notes may convert the principal amount into units at the conversion price or receive the digital assets contributed upon subscription [6] - The digital assets will be held in segregated custody and will not be used or encumbered by the company prior to maturity [7] Group 3: Regulatory and Closing Conditions - The Offering will rely on available prospectus exemptions and all securities issued will be subject to a four-month hold period under Canadian securities laws [8] - Closing of the Offering is contingent upon necessary corporate and regulatory approvals, with an expected closing in Q3 2025 [9] Group 4: Strategic Importance - This Offering and partnership with the purchaser represent a key milestone in the company's long-term strategy, establishing a Bitcoin treasury and expanding into the digital asset ecosystem [10][11]
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].
NextGen Digital Expands Cloud AI Hosting & Digital Infrastructure Operations & Provides Corporate Update
Globenewswire· 2025-06-05 11:30
Core Insights - NextGen Digital Platforms Inc. has expanded its fleet of computing workstations for its Cloud AI Hosting business, which has started generating revenue [1][2] - The addition of three new high-performance Nvidia GPU workstations increases the total active GPU fleet to five, enhancing operational cash flows and demand capture in the AI computing sector [2] - NextGen aims to expand into the digital asset ecosystem, including cryptocurrency mining and blockchain infrastructure, leveraging its existing expertise and asset base [3] Company Overview - NextGen Digital Platforms Inc. operates an e-commerce platform (PCSections.com) and a hardware-as-a-service business (Cloud AI Hosting) focused on the AI sector, both developed in-house [4] - The company plans to democratize access to cryptocurrencies by providing exposure to a diversified basket of digital assets through a regulated public vehicle [4] - NextGen is also considering the evaluation and acquisition of other micro-technology platforms to enhance its operational segments [4]
NEXTGEN DIGITAL ANNOUNCES ADDITION OF DIGITAL ASSET VETERAN MATT ZAHAB TO BOARD OF DIRECTORS AND ADDITIONAL CHANGES
Globenewswire· 2025-05-26 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Matt Zahab to its Board of Directors, while Steven Sirbovan has resigned, marking a significant change in the company's leadership structure [1]. Group 1: Leadership Changes - Matt Zahab, a technology professional with expertise in marketing, growth, strategy, and sales, has joined the Board [2]. - Steven Sirbovan has resigned from the Board, and the company expresses gratitude for his contributions during his tenure [1]. Group 2: Matt Zahab's Background - Zahab is currently the Chief Marketing Officer and Podcast Host at CryptoNews.com, where he leads strategic marketing initiatives and hosts the "Cryptonews Podcast" [2]. - He has previously held leadership roles focused on growth and strategy, including Head of Growth at Cypherpunk Holdings Inc. and leading sales at Hush Blankets, contributing to a $50 million sale to Sleep Country Canada [3]. Group 3: Company Overview - NextGen Digital Platforms Inc. operates an e-commerce platform, PCSections.com, and a hardware-as-a-service business for the AI sector, known as Cloud AI Hosting [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].