Northwire Canada EditionWednesday, July 29, 2026
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M&A / Property

Nextech3D.ai Signs Binding LOI to Acquire Eventdex in All-Cash Deal, Accelerating Its Growth As a One-Stop Event Tech Suite and the Launch of Its Blockchain Ticketing Solution

NTAR · Price

Executive Summary

  • Nextech3D.ai announced a binding LOI to acquire Eventdex for an all‑cash purchase price of approximately $700,000.
  • The acquisition will combine Nextech’s Map D floor‑mapping platform with Eventdex’s registration and badge‑printing software, accelerating the company’s planned blockchain ticketing solution.
  • Closing is expected on or before October 19, 2025, subject to a 30‑day due diligence period, definitive agreements and customary approvals.

Key Details

  • Purchase Price: Approximately $700,000 payable in cash, subject to customary adjustments.
  • Due Diligence: 30‑day period has commenced; closing targeted on or before Oct 19 2025 pending satisfactory completion.
  • Eventdex Financials: Served 60+ customers; generated ~$750K revenue in 2024 and ~$500K YTD 2025.
  • Strategic Rationale:
  • Create a one‑stop event suite by integrating Map D (interactive floor plans, exhibitor management, sponsorships, mobile apps, ticketing) with Eventdex’s registration, on‑site check‑in and badge printing.
  • Accelerate Nextech’s blockchain ticketing roadmap—tokenized tickets with fraud/bot resistance, KYC/ID verification, programmable rights, on‑chain resale royalties, and unified attendee journey.
  • Operational Benefits: Expected cross‑sell/up‑sell opportunities, streamlined vendor management, faster show setup, reduced lines, higher Net Promoter Score (NPS).
  • Management Commentary:
  • Evan Gappelberg, CEO of 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.”
  • Eventdex co‑founders Durga & Raj – highlighted synergy with AI and blockchain technologies and confidence in scaling under Nextech leadership.

Notable Quotes

  • “By adding Eventdex's registration and on‑site badge printing to Map D—and by accelerating our blockchain ticketing launch—we're moving even faster toward a truly one‑stop event operating system.” – Evan Gappelberg, CEO

Forward‑looking statements included regarding the proposed acquisition, timing, consideration, product integration and expected benefits.

Read the original news release →

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