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Joel Freudman, President & CEO of NextGen, remarked, “We are pleased to have successfully closed the Financing despite generally challenging market conditions for venture-stage companies, raising in excess of our fundraising target. This achievement underscores the confidence investors have placed in our vision and capabilities.
The securities issued pursuant to the Financing have not been, and will not be, registered under the United States Securities Act of 1933, as amended , or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws.
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