Cryptocurrency Infrastructure

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LQWD Announces ATM Program to Support Ongoing Growth Initiatives
Globenewswireยท 2025-07-15 18:46
Core Viewpoint - LQWD Technologies Corp. has launched an at-the-market equity program allowing the issuance of up to $10,000,000 in common shares to support its strategy of accumulating Bitcoin and expanding its Lightning Network infrastructure [1][2]. Group 1: Equity Program Details - The ATM Program enables the company to issue common shares from treasury to the public at its discretion [1]. - Distributions will be made under an equity distribution agreement with Haywood Securities Inc., and sales will occur only in Canada [3][4]. - The program will remain effective until either all shares are sold or until December 31, 2025, unless terminated earlier [5]. Group 2: Strategic Importance - The ATM Program is designed to enhance LQWD's ability to execute its strategy of rapidly accumulating Bitcoin, which is essential for powering the Lightning Network [2]. - The company aims to lead in the Lightning Network ecosystem, with Bitcoin holdings as a core component of its strategy [4]. Group 3: Financial Use of Proceeds - Net proceeds from the ATM Program are intended for the continued development and growth of the company, including acquisitions, research and development, and marketing initiatives [5]. - Until utilized, proceeds may be held as cash or invested at the company's discretion [5]. Group 4: Company Overview - LQWD Technologies Corp. focuses on advancing Bitcoin adoption through the Lightning Network, which facilitates instant, low-cost transactions [11]. - The company operates a network of enterprise-grade nodes designed to earn transaction fees and support network liquidity [11]. - LQWD offers investors exposure to both the long-term appreciation of Bitcoin and the growing use of Lightning as a global payments solution [12].