Nextech3D.ai, a Toronto-based AI-powered event technology company, has announced significant updates regarding its acquisition of Krafty Labs and a new investment by its CEO, Evan Gappelberg. These developments aim to strengthen Nextech3D.ai’s commitment to growth and innovation in the event engagement space.

Krafty Labs Acquisition Nears Completion

The acquisition of Krafty Labs, an AI-driven event engagement and experiential technology company, is set to close on January 2, 2026. The due diligence process has been successfully completed, and the deal now awaits customary closing conditions, including Canadian Securities Exchange (CSE) approval.

Krafty Labs has already demonstrated strong performance in 2025, generating approximately $1.2 million in revenue with gross margins of 72%. Nextech3D.ai’s management believes this acquisition will enhance its AI-first event platform, providing expanded services to enterprise and association customers. Krafty Labs’ portfolio includes a blue-chip customer base, which is expected to contribute to deeper client relationships and drive higher contract values.

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CEO Invests in Nextech3D.ai

Evan Gappelberg, the CEO of Nextech3D.ai, is further demonstrating his confidence in the company’s growth strategy by committing to a personal investment of $321,917. This investment will be made through an 18-month convertible note with a 12% annual interest rate.

Key terms of the investment include the following:

• The note can be converted into 2,299,412 common shares at $0.14 per share at the CEO’s discretion.
• Gappelberg will also receive 2,299,412 common share purchase warrants with a three-year term and an exercise price of $0.165 per share.

Currently, Gappelberg is Nextech3D.ai’s largest shareholder, holding 32,757,017 common shares. This investment reinforces the alignment between the company’s leadership and its shareholders while supporting its long-term growth initiatives. The transaction, classified as a related party transaction under Multilateral Instrument 61-101, does not exceed 25% of the company’s market capitalization, thereby qualifying for certain exemptions.

Driving AI-Powered Innovation in Event Technology

The combination of Krafty Labs’ experiential engagement capabilities with Nextech3D.ai’s existing event technology is expected to create a more robust platform for hybrid, virtual, and in-person events. Management anticipates that the integration will lead to increased revenue opportunities and enhanced value for stakeholders.

Evan Gappelberg commented on the acquisition, stating, "We believe the acquisition of Krafty Labs, combined with my personal investment in the Company, represents a strong vote of confidence in Nextech3D.ai’s direction and execution." He added, "With due diligence complete and a closing date set, we are focused on integrating Krafty Labs and accelerating growth while continuing to build long-term shareholder value."

Looking Ahead

With the closing of the Krafty Labs acquisition just days away, Nextech3D.ai is poised to expand its presence in the AI-driven event technology market. The company remains committed to delivering innovative solutions and creating value through strategic acquisitions, organic growth, and leadership investments.

For investors and stakeholders, these latest developments underscore Nextech3D.ai’s dedication to building a comprehensive platform that supports diverse event experiences for global enterprises and associations.

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