Liberty Defense Raises C$1.75M via 7.94M-Unit Offering with C$0.30 Warrants
Liberty Defense closed the first tranche of a non-brokered private placement of 7,941,671 units at C$0.22 each, raising approximately C$1.75 million and granting warrants exercisable at C$0.30 per share until December 31, 2027. CA$78,136 in commissions and 356,162 finder warrants will support scaling HEXWAVE production to meet demand and fulfill backlog.
1. Company Completes First Tranche of LIFE Offering
Liberty Defense Holdings Ltd. has closed the initial tranche of its non-brokered private placement under the Listed Issuer Financing Exemption, issuing 7,941,671 units at CA$0.22 per unit for gross proceeds of CA$1,747,167. Each unit comprises one common share and one warrant exercisable for a common share. The financing was announced on December 2 and December 12, 2025, and closed on December 31, 2025, with securities issued free of any Canadian hold period.
2. Warrant Terms and Finder’s Fees
Each warrant entitles its holder to acquire one common share at CA$0.30 per share from March 2, 2026, until December 31, 2027. In connection with the offering, Liberty paid CA$78,136 in cash commissions to finders and issued 356,162 non-transferable finder’s warrants, each exercisable at CA$0.30 until December 31, 2027, subject to customary anti-dilution adjustments.
3. Strategic Use of Proceeds and Operational Outlook
Proceeds from the financing will be directed toward scaling production of Liberty’s HEXWAVE detection system to satisfy growing customer demand and to fulfill a backlog of orders. The company holds exclusive rights to key 3D radar imaging technologies licensed from MIT, and is integrating millimeter-wave scanners into its product portfolio to strengthen its position in high-volume security screening markets such as airports, stadiums and educational institutions.