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Bullboard - Stock Discussion Forum Nextech3D.ai C.NTAR

Alternate Symbol(s):  NEXCF

Nextech3D.ai is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other major e-commerce retailers. The Company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public Companies issuing a stock... see more

CSE:NTAR - Post Discussion

Nextech3D.ai > Nextech3d.ai CEO acquired more shares
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Post by Aplus on Jul 25, 2023 3:43pm

Nextech3d.ai CEO acquired more shares

Nextech3d.ai CEO just exercised his warrants to to purchase another 250,000 NTAR shares at $0.52 CAD after just purching 250,000 units with the private placement
Comment by Smiles62 on Jul 25, 2023 4:03pm
There's been 3M sold in these past few days, he's not the only one exercising his warrants. Someone needs to explain this to me, if I sold 50K it would drop by 0.25, when they exercise their options or warrants it varies by 0.03, how does that work?  Do they exchange with someone willing to buy those?
Comment by Aplus on Jul 25, 2023 8:36pm
My bad I misread the filings the 250,000 warrants are given as part of the private placement with an exercise price of $0.52 CAD if the CEO exercise the warrants he will be paying $0.52 CAD for a total cost of $130,000 CAD
Comment by Smiles62 on Jul 26, 2023 8:05am
Ok thanks. I'm looking at bids, questrade is asking for 50K at 0.375 and 75K at 0.365. I believe those are pre arrangements, I suspect that he will get filled and if it's from 01, what would it mean, someone is shorting or Evan is distributing to a buddy??  Or am I imagining things?
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