---
title: Press Release: Nextech AR Announces Plans For IPO Spin-Out Of  3D Design Studio Toggle3D, Targeting The $11 Billion CAD Market Shift to 3D-Commerce
description: Nextech AR Announces Plans For IPO Spin-Out Of  3D Design Studio Toggle3D, Targeting The $11 Billion CAD Market Shift to 3D-Commerce
image: https://toggle3d.com/hubfs/toggle%20copy.jpg
---

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# [Press Release: Nextech AR Announces Plans For IPO Spin-Out Of  3D Design Studio Toggle3D, Targeting The $11 Billion CAD Market Shift to 3D-Commerce](https://toggle3d.com/investors/nextech-ar-announces-plans-for-ipo-spin-out)

 By [Toggle3D.ai](https://toggle3d.com/investors/author/toggle3d) on Dec 14, 2022 6:30:00 AM

###### Topics:  [Toggle 3D](https://toggle3d.com/investors/topic/toggle-3d)

Nextech AR Solutions is pleased to announce that it has determined to pursue a direct spinout of its Toggle3D design studio SaaS Software platform through a wholly-owned subsidiary of the Company (“Subco”). 

[Read More >](https://www.nextechar.com/press-releases-and-media/nextech-ar-announces-plans-for-ipo-spin-out-of-3d-design-studio-toggle3d-targeting-the-11-billion-cad-market-shift-to-3d-commerce)

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#### Written by [Toggle3D.ai](https://toggle3d.com/investors/author/toggle3d)

###### [** Previous Post](https://toggle3d.com/investors/toggle3d-disrupting-the-rapidly-growing-cad-3d-model-market)

[![](https://toggle3d.com/hubfs/toggle%20copy.jpg) ](https://toggle3d.com/investors/toggle3d-disrupting-the-rapidly-growing-cad-3d-model-market)

###### [Press Release: Nextech AR’s Toggle-3D Disrupting The Rapidly Growing CAD-3D Model Market](https://toggle3d.com/investors/toggle3d-disrupting-the-rapidly-growing-cad-3d-model-market)

###### [Next Post **](https://toggle3d.com/investors/nextech-ar-toggle3d-launches-major-technology-advancements)

[![Nextech AR’s AI-Powered CAD to Poly Toggle3D Launches Major Technology Advancements](https://toggle3d.com/hubfs/toggle%20copy.jpg) ](https://toggle3d.com/investors/nextech-ar-toggle3d-launches-major-technology-advancements)

###### [Press Release: Nextech AR’s AI-Powered CAD to Poly Toggle3D Launches Major Technology Advancements](https://toggle3d.com/investors/nextech-ar-toggle3d-launches-major-technology-advancements)

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