Canadian company LQWD plans to raise $10 million, launch ATM program to support growth strategy
Time:2025-07-15 22:51 Source:InternetCopy share
CoinVoice recently learned that according to LQWD Technologies Corp., the company announced on July 15, 2025 that it would launch an equity plan issued at the market (the "ATM Plan"), allowing it to issue up to $10,000,000 of common stock to the public at its discretion. This move is intended to enhance LQWD's strategic execution capabilities and support its strategy of rapidly accumulating Bitcoin in the global lightning network infrastructure. According to the equity distribution agreement, the issuance and sale of common shares will be based on market prices, and the specific issuance volume and timing will be determined by the company at its discretion. LQWD plans to use the net proceeds of the ATM plan for the continued development of the company and its business, including future acquisitions, research and development, and marketing. It should be noted that the plan is limited to Canada, and agents are not allowed to sell common shares in the United States. The ATM plan will be valid until all common shares are issued or until December 31, 2025, depending on the decision of the company or the agent.