Next Dynamics Inc. announced a private placement of 1,500,000 class A common shares at an issue price of $1 per share for gross proceeds of $1,500,000 on March 7, 2023. The company is raising funding through crowd-funding platform CASTLE PLACEMENT, LLC . The company will accept oversubscriptions, with first-come, first-served basis in the transaction.

The company will issue securities pursuant to exemptions provided under Regulation C. The transaction is expected to close on February 15, 2024. The company will pay compensation of up to 7.5% as a crowd-funding fees. The equity in the company in the amount of 2% multiplied by the capital raise divided by the post-money valuation at closing.

If the proceeds of the investment commitments don't equal or exceeds the target amount at the transaction deadline, no securities will be sold in the transaction, it will be cancelled and committed fund will be returned.