LQWD Announces Closing of Upsized Non-Brokered Private Placement

About this update from Lqwd Technologies Corp

[{"type":"text","content":"LQWD Announces Closing of Upsized Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) (\"LQWD\" or the \"Company\") is pleased to announce that it has closed its previously announced non-brokered private placement financing of C$2,500,000 (the \"Private Placement\").Under the Private Placement, the Company issued an aggregate of 1,666,667 units of the Company (\"Units\") at a price of C$1.50 per Unit to raise gross proceeds of C$2,500,000. Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant is exercisable into one common share at an exercise price of C$2.00 per share at any time up to 12 months following the closing date of the Private Placement. The shares and warrants from the Private Placement are subject to a 4 month hold period before becoming free trading.If the volume weighted average trading price of the common shares on the TSX Venture Exchange (\"TSXV\") is equal to or greater than C$2.50 for a period of 10 consecutive trading days, the Company will have the right to accelerate the expiry date of the warrants by giving written notice that the warrants will expire on the date that is not less than 10 days from the date notice is provided by the Company to the warrant holder.The net proceeds from the Private Placement will be used for additional Bitcoin purchases, which the Company intends to deploy on the Lightning Network to generate yield and strengthen its ongoing treasury strategy, and general working capital purposes. In connection with the Private Placement, the Company paid an aggregate finder's fee of C$89,000 in cash to various finders. The Private Placement is subject to final approval from the TSX-V.About LQWD Technologies Corp.LQWD is a Canadian-domiciled public company with offices in Vancouver, Canada, and Lugano, Switzerland. The Company is audited and publicly traded on the TSXV under the symbol LQWD, and on the OTCQX Market in the United States under the symbol LQWDF.The Company is advancing Bitcoin adoption through the Lightning Network, a second-layer solution that enables instant, low-cost transactions at scale. As one of the first public companies dedicated to Lightning infrastructure, LQWD operates a network of enterprise-grade nodes...

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