Kwesst Micro Systems Inc (TSE:KWE) has released an update.
KWESST Micro Systems Inc. has announced an underwritten public offering of common shares and pre-funded warrants, aiming to raise approximately $1 million before expenses, with the offering expected to close around April 9, 2024. The proceeds will primarily fund working capital, general corporate purposes, and business objectives advancement. ThinkEquity is managing the offering, which is made under a shelf registration statement with the SEC.
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