Nextech3D.AI signs LOI to acquire Eventdex

Executive Summary

• Nextech3D.AI Corp. has signed a binding LOI to acquire Eventdex for an all‑cash purchase price of approximately $700,000.
• The acquisition is intended to accelerate Nextech’s blockchain ticketing solution and create a unified “one‑stop” event technology suite.
• Closing is expected on or before October 19, 2025, pending due diligence, definitive agreements and customary approvals.

Key Details

• Target: Eventdex – registration and badge‑printing software provider serving 60+ customers.
• Revenue: Approx. $750k in FY 2024; approx. $500k YTD 2025.
• Purchase Price: ~US$700,000 payable in cash, subject to customary purchase price adjustments.
• Due Diligence Period: 30 days commencing upon LOI execution.
• Closing Timeline: Expected on or before Oct 19, 2025, contingent on satisfactory diligence and approvals.
• Strategic Rationale:
• Integrate Eventdex’s registration/identity stack with Nextech’s Map D platform to accelerate launch of a blockchain ticketing solution.
• Offer tokenized tickets with fraud/bot resistance, KYC verification, programmable rights, on‑chain resale royalties, and unified attendee journey.
• Create a single commerce dashboard for ticket sales, registrations, exhibitor upgrades, sponsorships, and on‑site activity.
• Enable cross‑sell/upsell opportunities across combined customer base and simplify vendor landscape for event organizers.
• Management Commentary:
• CEO Evan Gappelberg highlighted the acquisition as a step toward a “truly one‑stop event operating system” and faster blockchain ticketing rollout.
• Eventdex co‑founders Durga and Raj emphasized the synergy of AI, blockchain, and their product suite under Nextech’s leadership.

Notable Quotes

• Evan Gappelberg, CEO, Nextech3D.AI: “Event organizers want one partner who can help them sell more, operate faster and secure the attendee experience… we’re moving even faster toward a truly one‑stop event operating system.”
• Durga & Raj, Co‑founders, Eventdex: “The technology market is at an inflection point … we have now finally found the match to take our products to the next level and expand the market reach with the leadership of Evan.”