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KWESST Micro Systems (KWE) - 2024 Q4 - Annual Report
2024-12-30 16:39
KWESST MICRO SYSTEMS INC. KWESST Micro Systems Announces Fiscal 2024 Financial Results OTTAWA, December 30, 2024 - KWESST Micro Systems Inc. (TSXV: KWE and KWE.WT.U; NASDAQ: KWE and KWESW) ("KWESST" or the "Company") is pleased to announce the highlights of its fiscal 2024 year-end results. This announcement is a summary only and should be read in conjunction with KWESST's audited consolidated financial statements, related management discussion and analysis, and Form 20-F Annual Report for the year ended Se ...
KWESST Micro Systems Announces Fiscal 2024 Financial Results
Newsfile· 2024-12-30 13:38
Ottawa, Ontario--(Newsfile Corp. - December 30, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) (FSE: 62U) ("KWESST" or the "Company") is pleased to announce the highlights of its fiscal 2024 year-end results. This announcement is a summary only and should be read in conjunction with KWESST's audited consolidated financial statements, related management discussion and analysis, and Form 20-F Annual Report for the year ended September 30, 2024 ("Fiscal 2024 FS"), ...
KWESST Micro Systems (KWE) - 2024 Q4 - Annual Report
2024-12-28 02:52
ITEM 17. FINANCIAL STATEMENTS See Item 18 - Financial Statements. ITEM 18. FINANCIAL STATEMENTS 100 Consolidated Financial Statements of Years ended September 30, 2024, 2023, and 2022 (Expressed in Canadian Dollars) KWESST MICRO SYSTEMS INC. Table of contents for the years ended September 30, 2024, 2023, and 2022 | --- | --- | |------------------------------------------------------------------------------------|---------| | | Page | | Independent Auditor's Report | F-1 | | FINANCIAL STATEMENTS | | | Consoli ...
KWESST Comments on Recent Market Activity
Newsfile· 2024-12-17 16:51
Ottawa, Ontario--(Newsfile Corp. - December 17, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company") wishes to confirm at the request of CIRO that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.About KWESSTKWESST (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) develops and commercializes breakthrough next-generation tactical systems for military ...
KWESST Receives NASDAQ Minimum Bid Price Requirement Extension
Newsfile· 2024-11-13 23:56
Ottawa, Ontario--(Newsfile Corp. - November 13, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company") announced today that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until May 12, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement.The Company was first notified by Nasdaq of its failure to mainta ...
KWESST Announces Closing of CAD$3.4 Million Private Placement in the United States
Newsfile· 2024-11-13 02:57
Ottawa, Ontario--(Newsfile Corp. - November 12, 2024) - KWESST Micro Systems Inc.  (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company"), today announced the closing of a brokered private placement offering to an institutional accredited investor for aggregate gross proceeds of approximately CAD$3.4 million (approximately US$2.5 million) (the "Offering"). As a part of the Offering, the Company issued 4,145,200 pre-funded warrants to acquire one common share of the Company, ...
KWESST Announces Issuance of Shares in Payment of Certain Debts
Newsfile· 2024-11-11 13:19
Ottawa, Ontario--(Newsfile Corp. - November 11, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U)("KWESST" or the "Company") today announces that it intends to issue a total of 119,047 common shares at a deemed price per common share of $0.84 per share (the "Shares"), representing a 20% discount on the closing price of the Shares on the TSX Venture Exchange (the "TSXV") on the last trading day prior to this news release, for settlement for reimbursement of busines ...
KWESST Micro Systems Inc. Announces Closing of Public Offering
Newsfile· 2024-11-01 21:20
Ottawa, Ontario--(Newsfile Corp. - November 1, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company"), today announced the closing of its previously announced best efforts public offering of 3,889,000 common shares ("Common Shares") (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof,) at a public offering price of US$0.90 per Common Share (or Pre-funded Warrant (inclusive of the Pre-Funded Warrant exercise price)), less the placement agent fees. ...
KWESST Micro Systems Inc. Announces Pricing of Public Offering
Newsfile· 2024-10-31 00:00
Ottawa, Ontario--(Newsfile Corp. - October 30, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company"), today announced the pricing of a best efforts public offering of 3,889,000 common shares (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at a public offering price of US$0.90 per common share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of approximately US$3,500,000, before deducting placement agent fees and offer ...
KWESST Announces Completion of Volume Production Ramp-Up for Arwen Cartridges Through Outsourcing with Ammunition Manufacturer to Meet Growing Demand
Newsfile· 2024-10-23 21:05
KWESST Announces Completion of Volume Production Ramp-Up for Arwen Cartridges Through Outsourcing with Ammunition Manufacturer to Meet Growing DemandOctober 23, 2024 5:05 PM EDT | Source: KWESST Micro Systems Inc.Company also establishes financing facility for its programmatic military contractsOttawa, Ontario--(Newsfile Corp. - October 23, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company") today announced it has completed its plan to ramp u ...