Nextech definition

Nextech means, together with its Affiliates, Nextech VII Oncology SCSp.
Nextech means Nextech V Oncology S.C.S., SICAV-SIF.
Nextech or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), its wholly-owned subsidiary ▇▇▇▇▇ Ltd. (“▇▇▇▇▇”) and PC 1 Corp. (TSXV: PCAA) (“PC 1”) are pleased to announce that they have entered into a binding letter agreement (the “Agreement”) which outlines the general terms and conditions of a proposed transaction pursuant to which PC 1, a capital pool company listed on the TSX Venture Exchange (the “TSXV”), will enter into a business combination pursuant to which it shall acquire the assets of ▇▇▇▇▇ (the “Transaction”). The principal asset of ▇▇▇▇▇ is an application currently called ARitize Maps, a No- Code Web Based end to end Metaverse Creator Platform. The Agreement was negotiated at arm’s length and is effective as of June 1, 2022. PC 1 has not commenced commercial operations and has no assets other than cash. The Transaction, when completed, will constitute PC 1’s “Qualifying Transaction”, as defined in TSXV policies. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, CEO of Nextech commented, “We are now and have always been focused on increasing shareholder value, and through the spin out of the ARitize Maps application through one of our newly commercialized business units, I believe we are immediately creating shareholder value. The spin out will result in Aritize Maps being the principal asset of a stand-alone public company, in which Nextech will continue to be a significant shareholder. As a result, I do believe this new technology will get the recognition it deserves and see a positive revaluation, thereby benefiting Nextech shareholders through their continued indirect ownership interest in the technology.” He continued, “In addition to distributing a portion of the shares of the listed issuer resulting from the Transaction to existing Nextech shareholders, a private placement of a minimum of $1,500,000 will be completed into ▇▇▇▇▇ or a special purpose financing vehicle as a condition of the Transaction, resulting in zero dilution to the holdings of Nextech shareholders in Nextech. ARitize Maps is only one of many assets that Nextech has incubated, with the potential for development into commercial stage businesses which can become stand-alone “pure play” Metaverse spin outs in the future .” ARitize Maps (previously ▇▇▇▇▇) is a mobile app, all-in-one no code real-world Metaverse creation tool, with self-generating augmented reality (“AR”) mapping solutions for consumers and brands alike. The ARitize Maps offering will be paired with a no-code web based Creator Portal and SDK t...

Examples of Nextech in a sentence

  • Alta Partners, Bay City Capital, NEA and Nextech, together with their respective affiliates, shall each have the right to designate one (1) such Investor Designee.

  • The Company may not assign its rights or obligations under Section 7(b) of this Agreement, including the definitions in Section 1 and the provisions of this sentence with respect to such section, without the prior written consent of the Majority Investors and each of Alta Partners, Bay City Capital, NEA and Nextech.

  • By: Nextech VII GP S.à ▇.▇., its General Partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ Charoub ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Manager Manager Address: Nextech VII Oncology SCSp ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ Attn: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Email: ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇ The parties have executed this Amended and Restated Investors’ Rights Agreement as of the date first written above.

  • Exceptions are the alienations to the affiliates of Nextech Venture LP (article 15 AktG – Share Law) or to companies receiving consulting services from Nextech Venture AG, Zürich (hereinafter collectively referred to as “Nextech Venture“).

  • The rights set forth in this Section 2.4 are in addition to the rights of the Lead Investor, JAFCO or Nextech to designate certain members of the Board in accordance with the Restated Certificate and the Amended and Restated Voting Agreement of even date herewith among the Company, the Investors and the other parties listed therein (the “Voting Agreement”).

  • Exit includes any transaction whereby Nextech Venture LP alienates at least 80 % of the shares held in the Company, for which an adequate compensation shall be given.

  • The provisions of Section 7(b) of this Agreement, including the definitions in Section 1 and the provisions of this sentence with respect to such section, may not be amended, modified, supplemented or waived unless the same shall be in writing and signed by the Company, the Majority Investors, Alta Partners, Bay City Capital, NEA and Nextech.

  • If, on any flight, the Nextech Observer travels in an upgraded class, the Company only shall be required to reimburse the Nextech Observer or Nextech for the cost of a coach class fare on such flight.

  • The Company, in its sole discretion, reserves the right to exclude the Nextech Observer from all or part of any meeting of the Board and to withhold information and redact portions or entire documents to the extent reasonably necessary to protect confidential information of the Company, maintain a legal privilege or address any actual or potential conflict of interest between the Nextech Observer or Nextech or any of Nextech’s affiliates, on the one hand, and the Company, on the other hand.

  • Except as otherwise provided herein or in the other documents or instruments contemplated hereby, each of the Company and the Purchasers shall bear its own expenses and legal fees incurred on its behalf with respect to this Agreement and the transactions contemplated hereby; provided that, at the Closing, the Company shall pay the documented and reasonable out-of-pocket legal fees and expenses of Nextech Invest Ltd.


More Definitions of Nextech

Nextech means Nextech AR Solutions Corp., a company existing under the laws of British Columbia;
Nextech or the “Company” means NexTech AR Solutions Corp.
Nextech means NexTech AR Solutions Corp.;
Nextech means Nextech AR Solutions Corp., a company existing under the laws of the Province of British Columbia.