Unaudited Condensed Consolidated Interim Financial Statements of KWESST MICRO SYSTEMS INC. Three and nine months ended June 30, 2024, and 2023 (Expressed in Canadian dollars) KWESST MICRO SYSTEMS INC. Table of contents for the three and nine months ended June 30, 2024, and 2023 | --- | --- | |----------------------------------------------------------------------------------------------------------------------|-------| | | Page | | FINANCIAL STATEMENTS | | | Unaudited Condensed Consolidated Interim Statement ...

Ottawa, Ontario--(Newsfile Corp. - August 13, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company"), today announced the closing of its previously announced registered direct offering for the purchase and sale of 4,715,000 common shares at a purchase price of $0.20 per common share. In a concurrent private placement, the Company issued unregistered warrants to purchase up to 4,715,000 common shares at an exercise price of $0.25 per share that were immediate ...

As filed with the Securities and Exchange Commission on July 19, 2024. Registration Statement No. 333-279407 (State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 KWESST MICRO SYSTEMS INC. (Exact name of registrant as specified in its charter) British Columbia 3080 98-1650180 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer ...

The Company intends to use the net proceeds from the offering primarily for working capital requirements, general corporate purposes and the advancement of its business objectives. About KWESST David Luxton, Executive Chairman: luxton@kwesst.com Forward-Looking Statements To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212780 Ottawa, Ontario--(Newsfile Corp. - June 12, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.W ...

ThinkEquity is acting as the sole placement agent for the offering. The securities will be offered and sold pursuant to a prospectus supplement to the Company's shelf registration statement on Form F-3 (File No. 333-277196), including a base prospectus, filed with the United States Securities and Exchange Commission (the "SEC") on February 20, 2024 and declared effective on March 4, 2024. The offering will be made only by means of a written prospectus. A preliminary prospectus supplement and accompanying pr ...

With today's news comes heavy trading of KWE stock. This has more than 213 million shares on the move as of this writing. That's well above its daily average trading volume of about 201,000 shares. More Monday Stock Market News Kwesst Micro Systems (NASDAQ:KWE) stock is soaring higher on Monday after the tactical systems and ammunition company secured a new contract worth up to $48 million. Kwesst Micro Systems' job will have it create specialized software services for the military. That includes advanced l ...

Ottawa, Ontario--(Newsfile Corp. - May 23, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") announces today the appointment of MNP LLP (the "Successor Auditor") as auditor for the Company until the close of the next annual general meeting. KWESST and the board of directors would like to extend their thanks to KPMG for their auditing services to date. About KWESST David Luxton, Executive Chairman: luxton@kwesst.com Sean Homuth, President ...

Ottawa, Ontario--(Newsfile Corp. - May 20, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company"), announced today that the Company received written notification (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") on May 16, 2024, indicating that the Company is not in compliance with the minimum bid price requirement set forth in the Nasdaq rules for continued listing on Nasdaq, which requires listed securities to maintain ...

Core Insights - KWESST Micro Systems Inc. has been awarded a contract to develop a situational awareness app for the Canadian Red Cross, with a project value of approximately CAD $100,000 [2][3] - The project aims to enhance real-time situational awareness for emergency and disaster relief operations, leveraging the KWESST Lightning™ app [3][4] - The project is set to commence at the end of May 2024 and is expected to be completed by October 2024 [1] Group 1 - The contract is a proof of concept project in collaboration with CounterCrisis Tech (CCT), which previously partnered with KWESST on a similar initiative for Public Safety Canada [2][3] - The KWESST Lightning™ app will be integrated into the project, facilitating interoperability among different responding organizations during critical incidents [3][5] - The project will operate under a Software as a Service (SaaS) model, where users will pay an ongoing subscription fee, similar to the model KWESST plans to introduce for law enforcement agencies [3][4] Group 2 - KWESST is scheduled to present the KWESST Lightning™ app at the Canadian Association of Chiefs of Police conference in February 2025, focusing on situational awareness and interoperability [3][4] - The company develops next-generation tactical systems for military and security forces, including products for real-time shared situational awareness and targeting information [4][6] - KWESST's offerings also include countermeasures against various threats and a new non-lethal product line branded PARA OPS, applicable across multiple segments [4][6]

Ottawa, Ontario--(Newsfile Corp. - May 16, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) (FSE: 62UA) ("KWESST" or the "Company") is pleased to announce the highlights of its fiscal 2024 ("Fiscal 2024") second quarter ("Q2") results. This announcement is a summary only and should be read in conjunction with KWESST's unaudited condensed consolidated financial statements and related management discussion and analysis, for the three- and six-month period ended Marc ...