LQwD Technologies (TSX.V: LQWD) (OTCQB: LQWDF), a Bitcoin Lightning Network service provider, has filed a preliminary short form base shelf prospectus. According to the announcement, the company has filed the prospectus with the securities commissions in each of the provinces and territories of Canada, except Quebec. The prospectus is a base-shelf prospectus and has not yet become final; however, when it is final, the prospectus will allow LQWD to offer and issue up to C$50 million of common shares, warrants, subscription receipts, units, debt securities, or any combination of such securities (collectively, the “Securities”) during the 25-month period that the Shelf Prospectus is effective. “The securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which will be set forth in a prospectus supplement to be filed,” the company noted in the announcement. “The company is filing this Shelf Prospectus to maintain financial flexibility as it advances the development of the Lightning Network but has no immediate intentions to undertake an offering.”
To view the full press release, visit https://ibn.fm/DqLyE
About LQwD Technologies Corp.
LQWD is a Bitcoin Lightning Network liquidity provider focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. LQWD also owns Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network. For more information, please visit www.LQwDFintech.com.
NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF
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