Latest news with #NextGenDigitalPlatformsInc
Business Upturn
23-07-2025
- Business
- Business Upturn
NextGen Digital Platforms Inc. Appoints Mahyar Akhbari to the Advisor Board
By GlobeNewswire Published on July 23, 2025, 16:30 IST Vancouver, B.C., July 23, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) ('NextGen' or the 'Company') a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, is pleased to announce the appointment of Mr. Mahyar Akhbari, a highly respected industry veteran in the digital asset space, as an advisor. Matthew Priebe, NextGen's CEO, commented: 'We're very excited to welcome Mahyar to the team. He's a leader in Web3, cryptocurrencies, and financial services, with massive reach and experience. His decision to join as an advisor is a strong endorsement of what we've built so far. Mahyar's knowledge and influence will help drive NextGen's expansion of digital asset innovation and growth. This is yet another positive contribution to the momentum we're experiencing after adding CAD $1,000,000 of Bitcoin to our treasury on Monday.' About Mahyar Akhbari Mahyar is a pioneering figure in the global cryptocurrency and blockchain space, with roots tracing back to Ethereum's inception in Toronto. He produced the world's first Ethereum event and the inaugural Bitcoin Expo in Canada in 2014, helping catalyze the Ethereum community through global hackathons and early ecosystem support. Since 2013, he has been actively involved in foundational Ethereum and Web3 projects spanning wallets, staking, and enterprise-grade blockchain systems. Before immersing himself in the world of digital assets, Mahyar led multi-billion-dollar credit portfolios at two of Canada's largest banks. He is also the founder of Canada's largest Web3 conference, Blockchain Futurist Conference, as well as ETHToronto and Canada Crypto Week, all of which were acquired by a publicly traded U.S. company. Mahyar brings a rare combination of deep insight, fintech acumen, and entrepreneurial execution. In connection with Mr. Akhbari's appointment, the Company has granted him 265,000 incentive stock options. The options are exercisable at $0.63 per share and will start vesting after four (4) months from the date of the grant. The options will be exercisable for a period of five (5) years from the date of the grant and are subject to the terms of the Company's stock option plan and the policies of the Canadian Securities Exchange. About NextGen Digital Platforms Inc. NextGen Digital Platforms Inc. (CSE: NXT) (OTCQB:NXTDF) (FSE:Z12) is a publicly listed fintech and digital asset company that provides investors with exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets, as well as yield-bearing investment opportunities through its novel, bitcoin-backed debenture program. The Company is committed to developing innovative financial structures that align with the future of decentralized finance, while prioritizing transparency, regulatory compliance, and value creation for shareholders. NextGen also operates an e-commerce platform and a hardware-as-a-service business supporting the artificial intelligence sector, called Cloud AI hosting. For More Information: Matthew Priebe, Chief Executive Officer(416) 300-7398https:// [email protected] The Exchange does not accept responsibility for the adequacy or accuracy of this release. This press release includes certain 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information is frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein. Investors are encouraged to consult the Company's public filings available on SEDAR+ for a comprehensive discussion of risk factors relevant to its business and operations. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Insider
21-07-2025
- Business
- Business Insider
NextGen Digital Announces Treasury Strategy to Incorporate Crypto Assets, Acquires $1.0 Million in Bitcoin
Vancouver, B.C., July 21, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12 ) (' NextGen ' or the ' Company ') a digital asset and fintech platform focused on bridging traditional capital markets with Web3 infrastructure, is pleased to announce the acquisition of $1.0 million worth of Bitcoin ('BTC') to be held on its balance sheet as part of its corporate treasury strategy that incorporates the acquisition of certain crypto assets — including Bitcoin, Ethereum, and/or Solana (the ' Crypto Assets '). As part of a broader and more diversified approach to managing its corporate reserves, the Company will be allocating a portion of its excess cash into Crypto Assets. These digital assets are being recognized by the Company as potential long-term stores of value and as a hedge against systemic financial risk. In taking this step, the Company joins a growing number of publicly listed companies integrating digital assets into their treasury frameworks alongside traditional holdings such as cash, cash equivalents, and marketable securities. Pursuant to a strategy approved by the Company's board of directors, the Company may allocate up to 80% of its treasury holdings to Crypto Assets. All assets will be custodied through a regulated, institutional-grade custodian, and will be held in compliance with applicable laws and industry best practices related to security, custody, and reporting. The Company believes that this allocation reflects a proactive approach to treasury management, particularly during a period of elevated fiscal instability, inflationary pressure, and increasing institutional demand for decentralized financial alternatives. The Company views this move as a means to enhance the resilience and diversification of its balance sheet while aligning with a broader global shift toward the adoption of digital assets. 'We believe Bitcoin is a unique monetary asset that offers long-term resilience and upside as a treasury reserve. Our decision to allocate capital into Bitcoin reflects our confidence in the long-term value and relevance of decentralized assets in the global economy,' said Matthew Priebe, Chief Executive Officer of NextGen. This strategic initiative is not expected to impact the Company's current development activities or the execution of its business plans. The Company will disclose any material acquisitions of Crypto Assets in future news releases if and as required under applicable laws. About NextGen Digital Platforms Inc. NextGen Digital Platforms Inc. (CSE: NXT) (OTCQB:NXTDF) (FSE:Z12) is a publicly listed fintech and digital asset company that provides investors with exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital currencies. The Company is committed to developing innovative structures that align with the future of decentralized finance, while providing transparency, regulatory compliance, and value creation for shareholders. It also operates e-commerce platform and a hardware-as-a-service business supporting the artificial intelligence sector, called Cloud AI hosting. For More Information: Matthew Priebe, Chief Executive Officer (416) 300-7398 info@ The Exchange does not accept responsibility for the adequacy or accuracy of this release. This press release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the Company's intention to allocate a portion of its treasury to crypto assets (including Bitcoin, Ethereum, and/or Solana); the Company's belief in the long-term value of crypto assets; the expected benefits of holding crypto assets as part of a diversified treasury strategy; the potential allocation of up to 80% of treasury holdings to crypto assets; the expectation that this initiative will not impact the Company's development activities or business execution; and that all crypto assets will be custodied through a regulated, institutional-grade custodian in compliance with applicable laws and industry best practices. Forward-looking information is frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein.
Hamilton Spectator
26-05-2025
- Business
- Hamilton Spectator
NEXTGEN DIGITAL ANNOUNCES ADDITION OF DIGITAL ASSET VETERAN MATT ZAHAB TO BOARD OF DIRECTORS AND ADDITIONAL CHANGES
Fredericton, New Brunswick, May 26, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) ('NextGen' or the 'Company') announces the appointment today of Matt Zahab to the Board of Directors of the Company (the 'Board') and the resignation of Steven Sirbovan from the Board. The Board extends its sincere appreciation to Steven Sirbovan for his dedicated services and valuable contributions during his tenure with the Company and wishes him well in his future endeavours. Mr. Zahab is a technology professional with a proven track record in helping companies grow, and specializes in marketing, growth, strategy, and sales. Mr. Zahab is currently the Chief Marketing Officer and Podcast Host at ; in this role, he leads strategic marketing initiatives and hosts the widely acclaimed 'Cryptonews Podcast', where he engages with industry leaders to discuss emerging trends and innovations in blockchain technology. Previously, Mr. Zahab held a variety of growth- and strategy-oriented leadership positions, having acted as Head of Growth at Cypherpunk Holdings Inc. – now SOL Strategies Inc. (CSE:HODL) – and leading sales at Hush Blankets, wherein he played an instrumental role in executing the company's $50 million sale to Sleep Country Canada. 'We're incredibly excited to welcome Matt to our Board. His deep expertise in the digital assets space and extensive experience leading growth at SOL Strategies brings a breadth of knowledge that will be invaluable to NextGen as we continue to build our long-term strategy,' said Alexander Tjiang, Interim CEO of NextGen. About NextGen Digital Platforms Inc. NextGen Digital Platforms Inc. (CSE: NXT) is a technology company that operates e-commerce platform ('PCS') and a hardware-as-a-service business supporting the artificial intelligence sector, called cloud AI hosting ('Cloud AI Hosting'). Both PCS and Cloud AI Hosting were developed in-house by NextGen. The Company also intends to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. From time to time, the Company also intends to evaluate and acquire or develop other micro-technology platforms. For More Information: Alexander Tjiang, Interim Chief Executive Officer (416) 300-7398 info@ The CSE does not accept responsibility for the adequacy or accuracy of this release. This press release includes certain 'forward-looking information' within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein.
Business Upturn
09-05-2025
- Business
- Business Upturn
NEXTGEN DIGITAL CLOSES FIRST TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS
By GlobeNewswire Published on May 9, 2025, 03:53 IST Fredericton, New Brunswick, May 08, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) ('NextGen' or the 'Company') announces, further to its news releases of April 1, 2025 and April 29, 2025, that the Company has completed the first tranche (the 'First Tranche') of its previously announced non-brokered private placement (the 'Offering'). Pursuant to the First Tranche, the Company issued 3,118,366 special warrants (the 'Special Warrants') at the price of $0.30 per Special Warrant for gross proceeds of $935,510.00. The Company plans to complete a second tranche of the Offering next week. In connection with the First Tranche, the Company paid finder's fees to eligible finders consisting of $5,390.70 in cash and 17,969 common share purchase warrants (the 'Finder's Warrants'). Each Finder's Warrant is exercisable to acquire one common share of the Company at an exercise price of $0.30 per share for a period of 24-months. Each Special Warrant will automatically convert, for no additional consideration, into one common share in the capital of the Company (a 'Share') on the date that is the earlier of: (i) the date that is three business days following the date on which the Company files a prospectus supplement to a short form base shelf prospectus with the securities commissions qualifying distribution of the Shares underlying the Special Warrants (the 'Prospectus Supplement'), and (ii) the date that is four months and one day after the closing of the Offering. The Company will use its commercially reasonable efforts to file the Prospectus Supplement within 60 days of the closing of the Offering (not including the date of closing), provided, however, that there is no assurance that a Prospectus Supplement will be filed with the securities commissions, prior to the expiry of the statutory four month hold period. All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on September 9, 2025. The Company will use the net proceeds from the Offering for corporate development, marketing, and general working capital. About NextGen Digital Platforms Inc. NextGen Digital Platforms Inc. (CSE: NXT) is a publicly traded company listed on the Canadian Securities Exchange, with a dual focus on digital assets and artificial intelligence infrastructure. The Company operates a hardware-as-a-service business supporting the artificial intelligence sector, known as cloud AI hosting ('Cloud AI Hosting'), delivering advanced infrastructure solutions for AI-driven applications. The Company also explores opportunities to acquire or develop emerging technology platforms that align with its strategic vision in digital innovation. For More Information: Alexander Tjiang, Interim Chief Executive Officer(416) 300-7398https:// [email protected] Forward-Looking Statements Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the receipt of approval for the Offering including the approval of the CSE, the closing of the Offering, and the use of proceeds of the Offering. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. This news release does not constitute an offer for sale, or a solicitation of an offer to buy, in the United States or to any 'U.S Person' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the '1933 Act')) of any equity or other securities of the Company. The securities of the Company have not been, and will not be, registered under the 1933 Act or under any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the 1933 Act and applicable state securities laws or an applicable exemption therefrom. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
