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Liberty Announces Warrants to Commence Trading on March 31, 2025, Following Completion of $1.65 Unit Prospectus Offering with $2.05 Exercise Price Warrants to Trade under Symbol SCAN.WT
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANC...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"Liberty Announces Warrants to Commence Trading on March 31, 2025, Following Completion of $1.65 Unit Prospectus Offering with $2.05 Exercise Price Warrants to Trade under Symbol SCAN.WT\n\n\n\n\n NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.\n \n\n\n VANCOUVER, British Columbia and WILMINGTON, Mass., March 31, 2025 (GLOBE NEWSWIRE) --\n \n Liberty Defense Holdings Ltd.\n \n (“\n \n Liberty\n \n ” or the “\n \n Company\n \n ”) (\n \n TSXV: SCAN\n \n ,\n \n OTCQB: LDDFF\n \n ,\n \n FRANKFURT: LD2A\n \n ), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that the warrants (the “\n \n Warrants\n \n ”) issued in connection with its over-night marketed public offering of 3,031,000 units of the Company (“\n \n Units\n \n ”) that completed March 20, 2025, will commence trading on the TSX Venture Exchange at the open of market on April 2, 2025. The Warrants are governed by a warrant indenture (the “\n \n Warrant Indenture\n \n ”) entered into between the Company and Computershare Trust Company of Canada. In accordance with, and subject to the terms and conditions, the Warrant Indenture, each Warrant entitles the holder to purchase one common share of the Company at an exercise price of $2.05 at any time before March 20, 2027. As of the date hereof, 1,515,500 Warrants (CUSIP: 53044R172 ISIN: CA53044R1727) have been issued and will be posted for trading. An additional 227,325 Warrants are issuable upon the exercise of the underwriter’s over-allotment option, if exercised.\n \n\n The Units were sold under a short form prospectus filed in all of the provinces of Canada except Quebec pursuant to National Instrument 44-101\n \n Short Form Prospectus Distributions\n \n .\n \n\n The securities referred to in this news release have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"\n \n U.S. Securities Act\n \n \"), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or exemptions from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news ...