Liberty Defense Files Final Prospectus for Public Offering

The latest announcement is out from Liberty Defense Holdings ( (TSE:SCAN) ).

Liberty Defense Holdings Ltd. has filed a final short form prospectus for its public offering of 3,031,000 units at $1.65 per unit, aiming to raise gross proceeds of $5,001,150. The offering, conditionally approved by the TSX Venture exchange, is expected to close on March 20, 2025, and involves the listing of common shares and warrants. This move is part of Liberty’s strategy to strengthen its market position in the security solutions industry, enhancing its ability to provide advanced detection technologies to high-security areas.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a technology provider specializing in AI-based detection solutions for concealed weapons and threats. The company focuses on security solutions for high foot traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. Liberty’s product portfolio includes the HEXWAVE system, licensed from MIT, which offers advanced 3D radar imaging technology for detecting metallic and non-metallic weapons, as well as other imaging technologies like the HD-AIT body scanner.

YTD Price Performance: 80.96%

Average Trading Volume: 83,490

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $47.72M

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