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Liberty Announces Amended Terms of Listed Issuer Financing Exemption (LIFE) Private Placement of Units
NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, Britis...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"Liberty Announces Amended Terms of Listed Issuer Financing Exemption (LIFE) Private Placement of Units\nNOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia and WILMINGTON, Mass., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that it is amending the terms of its non-brokered private placement (the “Offering”) previously announced on December 2, 2025 and December 12, 2025. The amended Offering will be for a minimum of 6,818,182 units (“Units”) and up to a maximum of 13,636,364 Units at a price of $0.22 per Unit for minimum gross proceeds of approximately $1,500,000 up to maximum gross proceeds of approximately $3,000,000. Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a “Warrant Share”) at an exercise price of C$0.30 per Warrant Share from the date that is 61 days after the closing date of the Offering until the date that is 24 months following the date of closing of the Offering. The Warrants will be subject to ten percent (10%) blocker provision that restricts the exercise of any Warrants in the event that such exercise would result in the applicable securityholder holding ten percent (10%) or more of the issued and outstanding Common Shares at such time. The Warrants are subject to an accelerated expiry if, any time after the date that is 61 days following the closing date of the Offering, the closing price of the Common Shares on the TSX Venture Exchange (“TSXV”), or such other market as the Common Shares may trade from time to time, is or exceeds $0.75 for any five (5) consecutive trading days, in which event the holders of the Warrant may, at the Company’s election, be given notice and the Company will issue a press release announcing that the Warrants will expire 5 days following the date of such press release. The Warrants may be exercised by the ...