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ARway Corp. Now Trading Internationally on the Frankfurt Stock Exchange (FSE:E65)

By AP News - Nov 11, 2022, 07:38 AM ET
Last Updated - Apr 24, 2024, 01:41 PM EDT
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On October 26, 2022 ARway was spun-out by Nextech AR Solutions (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) as a stand-alone public company

ARway Corporation ("ARway" or the "Company") (CSNX:ARWY)(OTC PINK:ARWYF)(FSE:E65) is disrupting the Augmented Reality Wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking. ARway is pleased to announce it is now listed to trade internationally on the Frankfurt Stock Exchange under the symbol: E65. Frankfurt Stock Exchange is the largest of the seven stock exchanges in Germany

TORONTO, ON / ACCESSWIRE / November 11, 2022 / ARway Corporation ("ARway" or the "Company") (CSNX:ARWY)(OTC PINK:ARWYF)(FSE:E65) is disrupting the Augmented Reality Wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking. ARway is pleased to announce it is now listed to trade internationally on the Frankfurt Stock Exchange under the symbol: E65. Frankfurt Stock Exchange is the largest of the seven stock exchanges in Germany.

On November 7, the Company announced that its common shares began trading in the USA on the OTC Pink Sheet Open Market under the stock symbol: ARWYF. To gain additional liquidity and appeal to a broader market the Company has applied to be listed in the United States on the OTCQB Venture Market by the OTC Markets Group Inc.

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On October 26, 2022 ARway was spun-out by Nextech AR Solutions (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) as a stand-alone public company.

Nextech AR is focused on creating shareholder value by acquiring and/or developing ground-breaking 3D, augmented reality and artificial intelligence technologies. Nextech AR has been successful in developing and operating ARway, ARitize 3D, Toggle3D, and MapD. By incubating them and then bringing them to market directly or through a spin-out transaction, the Company believes that this method unlocks significant value. With the recent success in unlocking $50 million in value with ARway's spin-out, Nextech AR is now actively considering additional similar spin-out opportunities. Nextech AR retains control of 13 million shares of ARway or about 50% of the shares issued and outstanding.

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