LQwD FinTech Corp (TSE:LQWD) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
LQWD FinTech Corp. plans to enhance its Bitcoin Lightning Network operations by initiating a non-brokered private placement, aiming to raise up to CDN$975,000 through the sale of units. Each unit will include a common share and a half warrant, with the proceeds going towards expanding the company’s Lightning Network business and general capital needs. This strategic financial move is set to involve existing shareholders and is contingent on regulatory approvals.
For further insights into TSE:LQWD stock, check out TipRanks’ Stock Analysis page.