Nexoptic Technology Corp V.NXO

Alternate Symbol(s): NXOPF

Technology Electronic Components

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.

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Nexoptic Technology Corp > Financing

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Comment by GreenGeckoon Jun 07, 2022 6:27pm

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RE:RE:Financing

40 million shares at 15 cents Canadian, with a half warrant per share to purchase a share at 20 cents by end FY 2023. So, at most, 60 million shares but the 6 million will fill the coffers. Lead underwriters can increase the offering if there is sufficient interest. And underwriters being paid in 7.5 million shares at an implied value of 15 cents with no attached warrant.

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