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LQWD Technologies Corp (OTC: LQWDF) Stock In Focus After Private Placement

Mark Mckelvie

There are some companies which are likely going to be in focus among investors today, and one of those could well be LQWD Technologies Corp (OTC: LQWDF). The company was in sharp focus on Monday after it made an announcement with regards to the closure of a non-brokered private placement.

New Capital

The private placement had been originally announced by the company on November 15, 2024. Following the closure of the placement, the company managed to raise proceeds of as much as C$3,000,000. In the news release, it was announced that LQWD Technologies Corp issues a total of 2,000,000 units in the company for the price of C$1.50 each.

Further Details

It was also revealed that each unit was made up of one share of the company’s common stock and half of a common share purchase warrant. Anyone in possession of a whole warrant would be able to exercise it and get hold of a common share in LQWD Technologies Corp for the price of C$2 a share any time up until 18 months following the closure of the private placement. However, it was also noted that the shares as well as the warrants were subject to a hold period of 4 months.