NextGen Digital completes second tranche of private placement, raising over $1.1 million

From GlobeNewswire: 2025-05-16 18:00:00

NextGen Digital Platforms Inc. completes the second tranche of its private placement, issuing 3,393,100 special warrants and 440,000 common shares for gross proceeds of $1,149,930.10. A third and final tranche is planned for next week. The Company will file a prospectus supplement within 60 days of the offering closing. The net proceeds will be used for corporate development, marketing, and working capital. Additionally, NextGen has engaged Tafin GmbH for investor relations services with a focus on the German stock market, with an initial term of ten weeks and a one-time payment of EUR250,000. Contact person: Marco Marquardt.



Read more at GlobeNewswire: NEXTGEN DIGITAL CLOSES SECOND TRANCHE OF THE NON-BROKERED