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ARway Provides Update on Proposed Acquisition by Nextech3D.ai; Closing Expected in October 2026

TORONTO, ON / ACCESS Newswire / August 4, 2026 / Nextech3D.ai (CSE:NTAR)(OTCQB:NEXCF)(FSE:1SS) ("Nextech" or the "Company"), an AI-first event technology and 3D modeling company, today provided an update regarding its previously announced acquisition of all outstanding shares of ARway Corporation (CSE:ARWY)(OTC PINK:ARWYF) ("ARway") that it does not already own. On a standalone basis, ARway generated revenue of approximately $1.58 million and gross profit of approximately $1.52 million for the fiscal year ended March 31, 2026.

Nextech3D.ai Provides Update on Acquisition of Remaining ARway Shares

TORONTO, ON / ACCESS Newswire / August 4, 2026 / Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF)(FSE:1SS) ("Nextech" or the "Company"), an AI-first event technology and 3D modeling company, today provided an update regarding its previously announced acquisition of all outstanding shares ("ARway Shares") of ARway Corporation (CSE:ARWY)(OTCQB:ARWYF) ("ARway"). As previously announced (see press release dated July 27, 2026), Nextech and ARway entered into a definitive agreement dated July 24, 2026 (the "Definitive Agreement") setting forth the terms and conditions of the transaction (the "Transaction") whereby Nextech will acquire all of the outstanding ARway Shares pursuant to a three-cornered amalgamation.