Core Points - LQWD Technologies Corp. has successfully closed a non-brokered private placement offering, selling 560,975 common shares at C$4.10 (US$3.00) per share, raising approximately C$2.3 million (US$1.68 million) in gross proceeds [1][3] - The proceeds from the offering will be used for acquiring Bitcoin as an operating asset for the company's Lightning Network services and for general corporate purposes [3] - The offering is subject to final approval from the TSX Venture Exchange [2] Company Overview - LQWD Technologies Corp. is focused on advancing Bitcoin adoption through the Lightning Network, which facilitates instant and low-cost transactions [6] - The company operates a network of enterprise-grade nodes designed to earn transaction fees and support network liquidity, positioning itself as one of the first public companies dedicated to Lightning infrastructure [6] - With a strategic Bitcoin treasury and scalable infrastructure, LQWD provides investors with exposure to both Bitcoin's long-term appreciation and the increasing use of Lightning as a global payment solution [7]
LQWD Announces Closing of Non-Brokered Portion of Financing
Newsfileยท2025-07-14 16:59