NexOptic Technology (TSX.V: NXO) (OTCQB: NXOPF) (FSE: E3O1), an optics and artificial intelligence (“AI”) innovator, today announced that it has facilitated a private transfer of 1,045,262 warrants held by significant shareholder, 3DB Inc., a private Alberta company. According to the update, the warrants, with an exercise price of $1.12, expire at midnight on September 21, 2020. The 3DB warrants were non-transferable without NexOptic’s consent, which was provided in association with the transaction. The cooperation of 3DB’s principals, John and Darcy Daugela, in the transfer their warrants creates an opportunity for NexOptic to increase its treasury by up to an additional $1,170,693 over the next several weeks.
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About NexOptic Technology Corp.
NexOptic is an innovative imaging AI company based in Vancouver, Canada. It is a preferred partner in the NVIDIA Partner Network, and the company’s All Light Intelligent Imaging Solutions (“ALIIS(TM)”), is being optimized into the Qualcomm(R) Platform Solutions Ecosystem for select Qualcomm Snapdragon(TM) mobile platforms. The company is also engaged in the development of its award-winning sports-optic device, DoubleTake, as well as mobile lens solutions. Find out more at www.NexOptic.com.
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