LQWD Announces Update to Share Buyback Program

Core Viewpoint - LQWD Technologies Corp. has announced a normal course issuer bid (NCIB) that will commence on March 13, 2026, and will terminate on March 12, 2027, or earlier if the maximum number of shares is purchased [1]. Group 1: NCIB Details - The NCIB allows the company to repurchase up to approximately 2,605,548 common shares, which represents about 10% of the company's public float [2]. - Purchases under the NCIB will be conducted through the TSX Venture Exchange, with Haywood Securities Inc. appointed to manage the process [3]. - The company will pay the prevailing market price for shares purchased, with the timing and number of shares determined at its discretion [3]. Group 2: Company Rationale - The company believes that the market price of its shares may not fully reflect its underlying business value, assets, and growth prospects, making the share repurchase an attractive use of funds to enhance long-term shareholder value [4]. Group 3: Company Overview - LQWD Technologies Corp. is a Canadian public company with approximately 31.9 million shares outstanding and a strong balance sheet with no debt [5]. - The company operates in the Bitcoin sector, focusing on advancing Bitcoin adoption through the Lightning Network, which enables instant, low-cost transactions [7]. - LQWD offers investors exposure to both Bitcoin's long-term appreciation and the growth of Lightning-based payment technology [8].