Off-market insider selling at Nexoptic Technology (NXO)

Off-market insider selling at Nexoptic Technology (V:NXO)

Darcy Daugela, a 10% Holder, disposed of 1,000,000 Common Shares on an indirect ownership basis for registered holder 3DB Inc. at a price of $0.280 through a private transaction on May 12th, 2021. This represents a $280,000 divestment of the company's shares and an account share holdings change of -3.6%.

Nexoptic Technology is in the IT Services & Consulting Sub Industry Group under the Technology Sector.

NexOptic Technology Corp. (NexOptic) is a Canada-based optics and artificial intelligence (AI) company. The Company's All Light Intelligent Imaging Solutions (ALIIS) improves image quality for an all-light performance solution. By learning a camera profile and optimally enhancing it for improvement, images and video are corrected using edge processing. ALIIS executes on edge processing enabling shutter speeds and long-range image stabilization and reductions in image noise and motion blur. In the process, file sizes and bandwidth are reduced allowing better storage and streaming capabilities. ALIIS can also enhance downstream applications such as computational imaging, facial recognition, object detection, and visual mapping. NexOptic is also engaged in the development of its sports-optic device, DoubleTake as well as mobile lens solutions.