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LQWD Announces Brokered Private Placement of up to $10 Million

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - LQWD Technologies Corp. (TSXV: LQ...

articleLqwd Technologies CorpJune 27, 20254/company/lqwd-fintech-corp/news/lqwd-announces-brokered-private-placement-of-up-to-dollar10-million
LQWD Announces Brokered Private Placement of up to $10 Million

About this update from Lqwd Technologies Corp

[{"type":"text","content":"LQWD Announces Brokered Private Placement of up to $10 MillionVancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) (\"LQWD\" or the \"Company\") is pleased to announce that it has arranged an offering up of to 1,818,181 common shares of the Company (the \"Common Shares\") at a price of $5.50 per Common Share (the \"Offering Price\") for aggregate gross proceeds of up to $10 million (the \"Offering\") on a brokered and non-brokered basis (the brokered and non-brokered portions of the Offering are hereinafter referred to as the \"Brokered Offering\" and \"Non-Brokered Offering\", respectively).The Company has entered into an agreement with Maxim Group LLC (\"Maxim\") to act as sole agent and book runner in connection with the Brokered Offering, which will be conducted on a best efforts private placement basis.Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (\"NI 45-106\"), the Offering is being made pursuant to Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the \"Listed Issuer Financing Exemption\"), to purchasers resident in Canada (other than the province of Québec) in connection with the Non-Brokered Offering. In connection with the Brokered Offering, the Common Shares will be offered to persons in the United States pursuant to exemptions from the registration requirements under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") and all applicable U.S. state securities laws, as well as outside Canada and the United States on a basis which does not require the qualification or registration of any of the Company's securities or require the Company to be subject to any ongoing disclosure requirements under any domestic securities laws. There is an offering document related to the Offering (the \"Offering Document\") that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://lqwdtech.com/. Prospective investors should read the Offering Document before making an investment decision.The Company intends to use the net proceeds from the Offering for the acquisition of Bitcoin for use as an ope...

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