NexTech AR Solutions, the Canadian company aiming to create augmented reality (AR) business solutions for e-commerce, e-learning and live streaming events, has extended its reach to Europe.
The company’s shares are already listed on the Canadian Securities Exchange. Now, NexTech is floating on the Frankfurt Stock Exchange as it bids to access European investors.
“NexTech’s vision is to create AR business solutions for e-commerce, e-learning, and live streaming events utilising our 3D ARitize app now live on iOS and Google Play,” said Evan Gappelberg, chief executive officer of NexTech.
“We have been hard at work over the past year building an amazing team and vertically integrated platform to bring state of the art augmented reality to the growing cannabis industry as well as other industries. Listing on the Frankfurt Stock Exchange will give NexTech increased access to European and other international investors, and positions NexTech well for international growth and development opportunities.”
NexTech chose to list on the Frankfurt Stock Exchange due to its position as one of the world’s largest trading centres for securities. With a share in turnover of around 90%, it is the largest of Germany’s seven stock exchanges and it is an international trading centre, which is reflected in the structure of its participants. Of the approximately 200 market participants, roughly 50% are from countries other than Germany.
NexTech’s Frankfurt Stock Exchange listing follows the 31 October listing of NexTech’s common shares on the Canadian Securities Exchange.