LQWD Technologies Announces Filing of Preliminary Base Shelf Prospectus

VANCOUVER, BC - LQWD Technologies Corp. has recently filed a preliminary short-form base shelf prospectus across Canada, excluding Quebec. This move, pending final approval, will enable the fintech company to offer up to C$50 million in securities over a span of 25 months. These offerings could include common shares, warrants, and more, aiming to enhance the company's financial flexibility, particularly as it continues to develop its work on the Lightning Network.

Despite this significant step towards financial mobilization, LQWD Technologies has indicated that there are no immediate plans to initiate an offering. The company's strategic approach ensures readiness to capitalize on market conditions while advancing their core projects. Notably, the securities mentioned will not be registered under the U.S. Securities Act of 1933, implying that any potential offerings may be limited geographically due to regulatory requirements.

In addition to the shelf prospectus announcement, LQWD Technologies disclosed the grant of 75,000 stock options to directors and senior officers, exercisable at C$0.97 per share for five years, demonstrating an ongoing commitment to its leadership's investment in the company's growth.