KWESST Announces Closing of CAD$3.4 Million Private Placement in the United States
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KWESST Micro Systems Inc. has successfully closed a CAD$3.4 million private placement in the US, issuing 4,145,200 pre-funded warrants to an institutional investor.
November 13, 2024 | 3:15 am
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KWESST Micro Systems Inc. completed a CAD$3.4 million private placement, issuing 4,145,200 pre-funded warrants to an institutional investor. This capital raise could support the company's growth and operational plans.
The successful closing of a CAD$3.4 million private placement indicates strong investor interest and provides KWESST with additional capital. This can be used for growth initiatives, potentially boosting the company's stock price in the short term.
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IMPORTANCE 80
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