LQWD Upsizes Non-Brokered Private Placement

Core Viewpoint - LQWD Technologies Corp. has announced an upsized non-brokered private placement aiming to raise up to C$2,500,000 through the issuance of units priced at C$1.50 each [1][4]. Group 1: Private Placement Details - The private placement will consist of up to 1,666,667 units, each unit comprising one common share and one common share purchase warrant [2]. - Each warrant can be exercised into one common share at an exercise price of C$2.00, valid for 12 months post-closing [2]. - The company can accelerate the expiry of the warrants if the volume weighted average trading price of the common shares reaches C$2.50 for 10 consecutive trading days [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated for additional Bitcoin purchases to be deployed on the Lightning Network, aimed at generating yield and enhancing the company's treasury strategy, along with general corporate purposes [4]. Group 3: Company Overview - LQWD Technologies Corp. is a Canadian public company focused on advancing Bitcoin adoption through the Lightning Network, which facilitates instant, low-cost transactions [7]. - The company operates a network of enterprise-grade nodes designed to earn transaction fees and support network liquidity, positioning itself as a leader in Lightning infrastructure [7]. - With a strategic Bitcoin treasury and scalable infrastructure, LQWD offers investors exposure to Bitcoin's long-term appreciation and the revenue potential of Lightning-based payment technology [8].