01:48 PM EDT, 07/14/2025 (MT Newswires) -- LQWD Technologies ( LQWDF ) on Monday closed a non-brokered private placement placement of share that raised $2.3 million.

The company sold 560,975 shares priced at $4.10 each in the offer.

The company plans to use the proceeds from the offering for the acquisition of Bitcoin for use as an operating asset in its scalable Lightning Network services business, and general corporate purposes.

The company's shares were last seen down $0.01 to $4.45 on the TSX Venture Exchange.

Price: 4.47, Change: +0.01, Percent Change: +0.22