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Liberty Defense Announces $5 Million Marketed Offering

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Liberty Defense Announces $5 Million Marketed Offering

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Liberty Defense Holdings ( (TSE:SCAN) ) has provided an update.

Liberty Defense Holdings Ltd. has announced the pricing and terms of its overnight marketed offering of units, aiming to raise approximately $5 million. The proceeds from this offering will be used for business development, marketing expansion, manufacturing and supply chain optimization, sustaining engineering, R&D, product innovation, general and administrative expenses, and working capital.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a leading technology provider specializing in AI-based next-generation detection solutions for concealed weapons and threats.

YTD Price Performance: 116.63%

Average Trading Volume: 80,411

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $55.5M

For detailed information about SCAN stock, go to TipRanks’ Stock Analysis page.

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