Kwesst Micro Systems Inc (TSE:KWE) has released an update.
KWESST Micro Systems Inc. has successfully closed a United States public offering, raising approximately $1 million through the issuance of common shares and pre-funded warrants. The capital raised is earmarked for working capital, general corporate purposes, and advancing business objectives. The offering was managed by ThinkEquity and falls under an effective shelf registration statement with the SEC.
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