Liberty Announces Upsize to C$4.4 Million of Equity Financing Due to Demand

Core Viewpoint - Liberty Defense Holdings Ltd. is increasing its non-brokered equity financing to raise a maximum of C$4.4 million by offering 20 million units at C$0.22 per unit [1][3]. Financing Details - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of C$0.35 [2]. - The offering is conducted under the Listed Issuer Financing Exemption, allowing for immediate resale of the units without a hold period [3]. - The company may pay a finder's fee of up to 6.0% of the gross proceeds and issue non-transferable warrants equal to 6.0% of the units issued [4]. Use of Proceeds - Proceeds from the offering will be allocated for purchasing inventory for HEXWAVE technology production, investor relations, marketing initiatives, operating expenses, and general working capital [5]. Closing Timeline - The offering is scheduled to close on or about July 22, 2025, subject to receiving a minimum of C$2,500,000 in subscriptions and necessary approvals [6]. Company Overview - Liberty provides advanced security solutions for concealed weapons detection in high-traffic areas, with products like HEXWAVE and other imaging technologies licensed from MIT [8][9].