KWESST Micro Systems (KWE) Announces 4.715M Share Offering at $0.20/sh

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KWESST Micro Systems Inc. Announces Registered Direct Offering

August 12, 2024 7:01 AM EDT

Ottawa, Ontario--(Newsfile Corp. - August 12, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company"), today announced that it has entered into definitive agreements for the purchase and sale of 4,715,000 common shares at a purchase price of US$0.20 per common share in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 4,715,000 common shares at an exercise price of US$0.25 per share that will be immediately exercisable upon issuance... More