Canadian company LQWD plans to raise $10 million to launch an ATM program to support its growth strategy
ChainCatcher news, according to LQWD Technologies Corp., the company announced on July 15, 2025, the launch of a market-based equity program ("ATM Program") that allows it to decide to issue up to $10,000,000 of common stock to the public. This move aims to enhance LQWD's strategic execution capabilities and support its strategy of rapidly accumulating Bitcoin within the global Lightning Network infrastructure.According to the equity distribution agreement, the issuance and sale of common stock will be based on market prices, with the specific amount and timing of issuance to be determined by the company. LQWD plans to use the net proceeds from the ATM Program for the ongoing development of the company and its business, including future acquisitions, research and development, and marketing.It is important to note that this program is limited to activities within Canada, and agents are not permitted to sell common stock within the United States. The ATM Program will remain effective until all common stock is issued or until December 31, 2025, depending on the decision of the company or the agents.
