Corporate ActionJul 29, 2026, 08:31 AM
Liberty Defense Settles CAD$117,000 Debt by Issuing Shares
AI Summary
Liberty Defense Holdings Ltd. announced the closing of a shares for debt transaction, issuing 23,306 common shares at a deemed price of $4.55 per share. This action settled an aggregate of CAD$117,000 of indebtedness related to the company's U.S. IPO and Nasdaq listing. The issued shares are subject to a statutory hold period.
Key Highlights
- Company issued 23,306 common shares to settle debt.
- Shares were issued at a deemed price of $4.55 per share.
- CAD$117,000 of indebtedness was extinguished.
- Debt was related to U.S. IPO and Nasdaq listing accounts payable.
- Shares are subject to a statutory hold period of four months plus a day.
Price Impact
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