KWESST Secures CAD$3.4 Million in Private Placement
Company Announcements

KWESST Secures CAD$3.4 Million in Private Placement

Story Highlights

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

KWESST Micro Systems Inc. successfully closed a CAD$3.4 million private placement with an institutional investor in the U.S., issuing pre-funded warrants and common share purchase warrants. The company plans to use the proceeds for general working capital. The offering was facilitated by ThinkEquity and is pending approval from the TSX Venture Exchange.

For further insights into TSE:KWE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskKWESST Issues Shares for Debt Settlement
TipRanks Canadian Auto-Generated NewsdeskKWESST Micro Systems Plans $3.5 Million Public Offering
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App