Core Viewpoint - LQWD Technologies Corp. has successfully closed a brokered private placement offering, raising approximately C$10 million (or US$7.317 million) through the sale of 2,439,024 common shares at C$4.10 (or US$3.00) per share [1]. Group 1: Offering Details - The brokered offering was managed by Maxim Group LLC, which received a cash commission of US$512,195, representing 7% of the total gross proceeds [2]. - A concurrent non-brokered offering is expected to raise an additional C$2.3 million (or approximately US$1.683 million), anticipated to close around July 11, 2025 [3]. - Both offerings are subject to final approval from the TSX Venture Exchange (TSXV) and were conducted under specific exemptions from registration requirements [4]. Group 2: Use of Proceeds - The net proceeds from the offerings will be utilized for acquiring Bitcoin to support the company's scalable Lightning Network services and for general corporate purposes [5]. Group 3: Company Overview - LQWD Technologies Corp. is 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 generate transaction fees and enhance network liquidity, providing investors with exposure to Bitcoin's long-term appreciation and the growing use of Lightning as a payment solution [8].

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia , July 08, 2025 (GLOBE NEWSWIRE) -- Canada’s Bitcoin Lightning Strategy, LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) (“LQWD” or the “Company”) announces that in response to increased demand from strategic investors and existing shareholders, it has increased the size of its previously announced brokered (the “Brokered Offering”) and non-brokered (the “Non-Brokered ...