Fintech
LQWD FinTech Expands Operations with Private Placement
FinTech Company LQwD (TSE:LQWD) has released an update.
LQWD FinTech Corp. plans to enhance its Bitcoin Lightning Network operations by initiating a non-traded private placement, aiming to raise up to CAD$975,000 through the sale of units. Each unit will include one common share and half a warrant, with proceeds earmarked for the expansion of the company’s Lightning Network business and general capital needs. This strategic financing move is intended to engage existing shareholders and is subject to regulatory approvals.
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