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Corporate ActionJul 29, 2026, 08:06 AM

Liberty Defense Settles CAD$117K Debt by Issuing 23,306 Shares

AI Summary

Liberty Defense Holdings Ltd. announced the issuance of 23,306 common shares at a deemed price of $4.55 per share. This action was taken to settle an aggregate indebtedness of CAD$117,000 with a service provider. The debt was related to accounts payable incurred during the company's U.S. IPO and Nasdaq listing, and is now extinguished.

Key Highlights

  • Issued 23,306 common shares to settle indebtedness.
  • Shares were issued at a deemed price of $4.55 per share.
  • Settled an aggregate indebtedness of CAD$117,000.
  • Debt was with a service provider for U.S. IPO and Nasdaq listing.
  • Shares are subject to a statutory hold period of four months plus a day.