NexTech AR Closes $14 Million Bought Deal Public Offering of Units

VANCOUVER, British Columbia–(BUSINESS WIRE)–NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE:N29) is pleased to announce the closing of its bought-deal short-form prospectus offering pursuant to which the Company issued 2,801,500 units of the Company (the “Units”) at a price of $5.00 per Unit and 100,000 common share purchase warrants, as partial exercise of the over-allotment option, for aggregate gross proceeds to the Company of approximately $14 million (the “Offering”).

The Offering was led by Research Capital Corporation (formerly Mackie Research Capital Corporation) as the sole underwriter and sole bookrunner (the “Underwriter”).

Each Unit…