TORONTO, ON / ACCESS Newswire / February 7, 2025 / Evan Gappelberg ("Acquiror") announces that he has acquired ownership and control of an aggregate of 21,046,338 common shares ("Subject Shares") of Nextech3D.ai Corp. (the "Company"), effective February 7, 2025 (the "Acquisition"). The Subject Shares were acquired in a private placement transaction (the "Private Placement").

The Acquirer acquired ownership and control of the Subject Shares representing approximately 11.5% of all issued and outstanding common shares of the Company ("Shares") as of February 7, 2025, representing a corresponding increase in the Acquirer's security holding percentage in the Company.

Immediately before the Acquisition, the Acquirer and his joint actors held an aggregate of 10,672,461 Shares and convertible securities entitling the Acquirer to acquire an additional 1,250,000 Shares, representing approximately 6.5% of all issued and outstanding Shares (and approximately 7.2% assuming exercise of such convertible securities only), of which the Acquirer held 7,404,438 Shares and convertible securities entitling the Acquirer to acquire an additional 1,250,000 Shares (representing approximately 4.5% of all issued and outstanding Shares and approximately 5.2% assuming exercise of such convertible securities only), and his joint actors held 3,268,023 Shares (representing approximately 2% of all issued and outstanding Shares). Immediately following the Acquisition, the Acquirer and his joint actors held an aggregate of 31,718,799 Shares and convertible securities entitling the Acquirer to acquire an additional 1,250,000 Shares, representing approximately 17.3% of all issued and outstanding Shares (or 17.9% assuming exercise of such convertible securities only) of which the Acquirer held 28,450,776 Shares and convertible securities entitling the Acquirer to acquire an additional 1,250,000 Shares (representing approximately 15.6% of all issued and outstanding Shares and approximately 16.1% assuming exercise of such convertible securities only), and his joint actors held 3,268,023 Shares (representing approximately 1.8% of all issued and outstanding Shares), in each case as of February 7, 2025.

None of the Subject Shares were acquired through the facilities of any stock exchange. The holdings of securities of the Company by the Acquiror are managed for investment purposes, and the Acquiror and his joint actors could increase or decrease their respective investments in the Company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.