KWESST Announces Public Offering to Raise Funds

KWESST Micro Systems (TSE:KWE) has released an update.

KWESST Micro Systems Inc. has announced a public offering of 2.9 million common shares at $0.58 each, aiming to raise approximately $1.68 million before fees and expenses. The anticipated closing date is June 14, 2024, with the proceeds intended for working capital, general corporate purposes, and business advancement. ThinkEquity is the exclusive placement agent for this transaction.

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