03:38 AM EDT, 06/05/2026 (MT Newswires) -- LiqTech International ( LIQT ) said late Thursday it priced an underwritten public offering of 20 million shares at $1 per share, raising gross proceeds of about $20 million.

The company said it also granted the underwriter a 45-day option to buy up to 3 million additional shares to cover over-allotments.

The offering is expected to close on Monday, the company said.

LiqTech ( LIQT ) said it plans to use the proceeds to repay about $4.1 million in senior notes, support business development and growth initiatives, fund working capital, and cover general corporate purposes.