KWESST Micro Systems Inc. Announces Upsizing of Private Placement and Closing of First Tranche
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KWESST Micro Systems Inc. announced the closing of the first tranche of a private placement, raising approximately CAD$3.5 million. The company issued 903,700 common shares and 2,884,179 pre-funded warrants at CAD$0.928 per share or warrant.
February 22, 2025 | 3:45 am
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KWESST Micro Systems Inc. completed the first tranche of a private placement, raising CAD$3.5 million by issuing shares and pre-funded warrants.
The successful closing of the first tranche of a private placement indicates investor confidence and provides additional capital for KWESST, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100