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LQwD FinTech introduces new C$50M Securities Shelf proposition.

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TLDR:

  • LQwD FinTech Corp has filed a preliminary base shelf prospectus to offer up to C$50 million in securities over 25 months.
  • No immediate offering is planned, and the securities will not be registered under the U.S. Securities Act of 1933.

LQwD FinTech Corp has proposed a C$50 million securities shelf to enhance financial flexibility for developing the Lightning Network. The company has filed a preliminary base shelf prospectus that will allow them to offer various securities over a 25-month period. The offering does not have any immediate plans, and the securities will not be registered under the U.S. Securities Act of 1933. In addition, the company has granted 75,000 stock options to directors and senior officers at C$0.97 per share.


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