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LQwD Announces Marketed Public Offering
LQwD Announces Marketed Public Offering Canada NewsWire /NOT FOR DIST...
About this update from Lqwd Technologies Corp
[{"type":"text","content":"\n \n \n \n LQwD Announces Marketed Public Offering\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 20, 2021\n \n /CNW/ - Lightning Network focused company, LQwD FinTech Corp. (TSXV: LQWD) (OTC: LQWDF) (\"LQwD\" or the \"Company\") is pleased to announce that it is commencing a marketed offering (the \"Offering\") of units (the \"Units\") of the Company.  Each Unit will consist of one common share (a \"Common Share\") and one-half of one common share purchase warrant of the Company (each whole such warrant, a \"Warrant\"), with each Warrant being exercisable to acquire one additional common share of the Company (a \"Warrant Share\"). The Offering is being conducted by a syndicate of underwriters (the \"Underwriters\") led by Canaccord Genuity Corp. as lead underwriter.\n \n \n The Offering is expected to be priced in the context of the market, with the final terms of the Offering to be ‎determined at the time of pricing. There can be no assurance as to whether or when the Offering may be ‎completed, or as to the actual size or terms of the Offering. The closing of the Offering will be subject to ‎market and other customary conditions, including approval of the TSX Venture Exchange (the \"TSXV\").‎\n \n \n The Company has granted the underwriters an option (the \"Over-Allotment Option\"), exercisable at any time for a period of 30 days after and including the closing of the Offering, to purchase up to an additional 15% of the Units sold pursuant to the Offering on the same terms and conditions of the Offering.  The Over-Allotment Option may be exercisable to acquire Units, Common Shares and/or Warrants (or any combination thereof) at the discretion of the underwriters.\n \n \n The Units will be offered in each of the provinces and territories of\n \n Canada\n \n , other than Québec, pursuant to a prospectus ...