DealsJun 18, 2026, 05:01 PM
BTQ Technologies Launches C$150M At-The-Market Equity Program
AI Summary
BTQ Technologies Corp. has announced an at-the-market equity program (ATM Program) to offer and sell up to C$150,000,000 of its common shares. The program is established through a Sales Agreement with Cantor Fitzgerald & Co. and Cantor Fitzgerald Canada Corporation, who will act as agents. Sales will be conducted on exchanges like Cboe Canada and Nasdaq. The net proceeds are intended for working capital and to strengthen the company's balance sheet, offering flexibility for operations and potential future acquisitions.
Key Highlights
- BTQ Technologies Corp. entered into a Controlled Equity OfferingSM Sales Agreement with Cantor Fitzgerald & Co. and Cantor Fitzgerald Canada Corporation.
- The agreement allows BTQ Technologies to offer and sell up to C$150,000,000 (or equivalent) of its common shares through an at-the-market equity program.
- Sales will be conducted by Cantor Fitzgerald Canada on Cboe Canada and by Cantor Fitzgerald & Co. on Nasdaq or other marketplaces.
- Net proceeds are intended for working capital and to strengthen the balance sheet, providing flexibility for operations and potential acquisitions.
- The ATM Program is established under a prospectus supplement to the Company's short form base shelf prospectus and U.S. base prospectus.
Price Impact
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