NXOPF - NexOptic Technology Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.2700
-0.0039 (-1.42%)
As of 1:35PM EST. Market open.
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Previous Close0.2739
Open0.2700
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2545 - 0.2700
52 Week Range0.2200 - 0.6550
Volume10,226
Avg. Volume21,253
Market Cap37.092M
Beta (3Y Monthly)2.74
PE Ratio (TTM)N/A
EPS (TTM)-0.0660
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    NexOptic to Reprice Warrants

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced it intends to amend the terms of certain NexOptic share purchase warrants originally issued on August 24, 2017, as part of a private placement (the “Warrants”). The Company wishes to reduce the exercise price of the Warrants from $1.50 to $0.45 subject to the approval of the TSX Venture Exchange. The amendment will require the incorporation of an accelerated expiry provision such that the remaining exercise period of the warrants will be reduced to 30 days if, for any 10 consecutive trading days during the unexpired term of such of the warrants, the closing price of the corporation's common shares exceeds the amended exercise price by 25% or more (which would be a trading price of $0.56 per common share or higher), with the 30-day expiry period commencing on the day the corporation either: (i) disseminates a press release or (ii) sends a written notice to the holders of the warrants, advising of the commencement of the exercise period.

  • GlobeNewswire

    “Dramatic leaps in NexOptic’s AI,” explains Chairman Rich Geruson, “radically enhance the image processing capability of chips.”

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced that it has significantly optimized and broadened its suite of artificial intelligence (“AI”) offerings. NexOptic’s Advanced Low Light Imaging Solution (“ALLIS™”) drastically reduces image noise problematic to all camera systems. ALLIS’s noise reduction enables real-time correction of images or video taken in otherwise non-optimal lighting conditions, and media files can be streamed or stored more efficiently.

  • GlobeNewswire

    NexOptic DoubleTake™ Production Commences with Significant Design Enhancements

    NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced today that final design upgrades have been made to DoubleTake™, its multi-award-winning binoculars, and production of key components is now underway. Staying true to NexOptic’s goal of creating the world’s most innovative imaging products, DoubleTake’s upgrades include a significant enhancement to its primary lens, which will now be built without any plastic lens components and will contain extra-low dispersion optical glass. “DoubleTake’s upgraded lens ensures that we will better meet the stringent requirements of today’s outdoor adventurers, live sports fans, and discerning photographers,” said Rich Geruson, Chairman of NexOptic.

  • GlobeNewswire

    NexOptic Closes Private Placement

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announces the closing of its non-brokered private placement (the “Placement”) previously announced on June 12, 2019. The Unit comprised one common share of the Company plus one share purchase warrant, entitling the holder to acquire one common share of the Company at an exercise price of $0.60 per share for a period of 18 months from issuance, subject to accelerated expiry provisions whereby in the event the closing price of the Company's common shares exceeds $1.00 per share for a period of 10 consecutive trading days, at the Company's election, the 18-month period within which the warrants are exercisable will be reduced, and the holders of the warrants will be entitled to exercise their warrants for a period of 30 days, commencing on the day the company provides notice of same.

  • GlobeNewswire

    NexOptic Announces Private Placement

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announces a non-brokered private placement (the “Offering”), generating aggregate gross proceeds of approximately $2,950,000, through the issuance of approximately 7,190,000 units (each a “Unit”) at $0.41 per Unit. Each Unit entitles the holder to receive one common share of the Company (each a "Common Share") plus one share purchase warrant (each a “Warrant”), entitling the holder to acquire one common share of the Company at an exercise price of $0.60 per share for a period of 18 months, subject to accelerated expiry provisions whereby in the event the closing price of the Company’s common shares exceeds $1.00 per share for a period of 10 consecutive trading days, at the Company’s election, the 18-month period within which the Warrants are exercisable will be reduced and the holders of the Warrants will be entitled to exercise their Warrants for a period of 30 days, commencing on the day the Company provides notice of same.

  • GlobeNewswire

    NexOptic Prepares for DoubleTake™ Production

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced today that it expects to have DoubleTake™, its multi-award-winning reimagined binoculars, available for consumers in limited release before the end of 2019. The tooling process is already underway, and the production plan remains on track to deliver DoubleTake in the fourth quarter. “I’ve had the opportunity to meet our suppliers and see the development progress firsthand,” Mr. Geruson said.

  • GlobeNewswire

    NexOptic Introduces ALLIS™, Providing Remarkable AI Solutions to Imaging

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) reports that it has made significant advancements to its cutting-edge Artificial Intelligence (“NexOptic AI” or “AI”) imaging solution. NexOptic’s Advanced Low Light Imaging Solution (“ALLIS”) provides immediate solutions to problems that have plagued the imaging industry for decades. NexOptic’s engineered AI drastically reduces image noise common to all imaging systems while improving performance in low light conditions.

  • CNW Group

    NexOptic Appoints Rich Geruson as Chairman and Paul McKenzie as CEO

    VANCOUVER , April 24, 2019 /CNW/ - NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced today that NexOptic Director, Rich Geruson , former Chief Executive Officer of Lexmark International Inc., has been appointed Chairman of the Company and that NexOptic co-Founder and President, Paul McKenzie , has been appointed CEO. Mr. Geruson has rapidly grown several technology companies large and small. As CEO of Lexmark, a multibillion-dollar imaging technology and solutions company with 10,000 employees, he grew printer sales faster than at any time in the preceding 10 years while simultaneously executing extensive process reengineering, transforming the business from negative EBITDA and high debt to positive multi-hundred-million-dollar EBITDA and a healthy debt profile.

  • GlobeNewswire

    NexOptic’s Reimagined Binoculars, DoubleTake™, Wins Edison Gold Award

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) is pleased to announce that DoubleTake™, NexOptic’s “Binoculars Reimagined,” was presented the Gold  Award for Advanced Image Capture in the Consumer Goods category at the prestigious 2019 Edison Awards™. Since 1987, the Edison Awards have recognized and honored some of the most innovative new products, services, and business leaders in the world.

  • GlobeNewswire

    NexOptic Appoints Rich Geruson, Former Lexmark CEO, to Board of Directors

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) is pleased to announce that Richard J. (Rich) Geruson has joined its Board of Directors, effective immediately. As CEO of Lexmark International, a multibillion-dollar imaging technology and solutions company with 10,000 employees, he grew printer sales faster than at any time in the preceding 10 years while simultaneously executing extensive process reengineering, transforming the business from negative EBITDA and high debt to positive multi-hundred-million-dollar EBITDA and a healthy debt profile. While CEO of Phoenix Technologies, he achieved consistently high profit year-over-year for six years straight in the company’s business of firmware and software for PCs, tablets, and embedded internet of things (IoT) devices.

  • GlobeNewswire

    NexOptic’s Reimagined Binoculars, DoubleTake™, Nominated For 2019 Edison Award™

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) announced today that DoubleTake™, NexOptic’s “Binoculars Reimagined”, has been nominated as a 2019 Edison Award™ Finalist for Advanced Image Capture in the Consumer Goods category. DoubleTake is NexOptic’s ground-breaking reimagining of binoculars. Powered by a dual Blade Optics™ lens system, DoubleTake features an equivalent focal length of greater than 500mm, so users can capture spectacular images and lifelike 4K video.

  • GlobeNewswire

    NexOptic’s Reimagined Binoculars, DoubleTake™, Takes Home GearJunkie’s “Best in Show” Award

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) reports that GearJunkie has awarded NexOptic’s DoubleTake™ its “Best in Show” Winter Gear 2019 award at the Outdoor Retailer Snow Show, North America’s largest outdoor trade show in Denver, Colorado. With its second major award this year, DoubleTake increasingly shows the potential to completely disrupt the global binocular industry when it goes on sale later this year. In January, Digital Trends, named DoubleTake the “Top Tech of CES 2019” for photography.

  • GlobeNewswire

    Momentum Continues for NexOptic’s Award-Winning, Reimagined Binoculars: DoubleTake™

    At CES, NexOptic held prearranged meetings with some of the world’s largest technology companies, where conversations are ongoing, and the Company received strong expressions of interest to distribute and market DoubleTake™ globally. The awards, expressions of interest, and accolades from multiple media outlets, retailers, distributors, and technology companies were in part due to NexOptic showcasing the significant power of its DoubleTake lenses as well as the revolutionary capabilities of its artificial intelligence and smartphone lenses for photography at a private NexOptic viewing suite throughout the multi-day CES event. NexOptic’s unique DoubleTake lens is a near diffraction-limited 95mm F1.8 (35mm equivalent of 530mm) lens consisting of plastic, glass, and mirrored elements in a novel telescope-like configuration.

  • PR Newswire

    NexOptic Letter to Shareholders: Looking forward with optimism

    VANCOUVER, Jan. 16, 2019 /PRNewswire/ - NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F) today provided its shareholders with the following letter and corporate update from John Daugela, Chief Executive Officer. As many of you know, Digital Trends last week awarded NexOptic its "Top Tech of CES 2019" for Photography, a validation of our technology, our team, and our progress. 2018 was a year of ambitious stage-setting for NexOptic as we positioned our company for the next leap in its evolution, from a highly innovative development company to a commercially viable business.

  • NexOptic's DoubleTake™ Awarded "Top Tech of CES 2019" for Photography by Digital Trends
    PR Newswire

    NexOptic's DoubleTake™ Awarded "Top Tech of CES 2019" for Photography by Digital Trends

    For the audio version of today's news release please visit  https://nexoptic.com/news/ VANCOUVER , Jan. 11, 2019 /PRNewswire/ - NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX ...

  • GlobeNewswire

    NexOptic Unveils Disruptive Lightweight, Digital Binocular Technology at CES

    NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (NXOPF) (E3O1.F), a pioneer in the category of digital lens technologies and artificial intelligence (“AI”), will be unveiling DoubleTake™, its revolutionary binocular, at the Consumer Electronic Show (CES, January 8-11) in Las Vegas. What separates DoubleTake™ from any other binocular product is its Blade Optics™ technology. NexOptic's patented and patent-pending suite of optical technologies has put the power of a telescope in a rugged handheld device.