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Liberty Defense Launches Amended Financing to Raise Up to $3 Million via Unit Offering

Story Highlights
  • Liberty Defense is offering 6.8–13.6 million units at $0.22 each to raise up to $3 million.
  • Each unit includes a share and warrant exercisable at $0.30, with ownership limits and accelerated expiry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Liberty Defense Launches Amended Financing to Raise Up to $3 Million via Unit Offering

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

Liberty Defense Holdings, Ltd. has launched an amended and restated equity financing, offering between 6.82 million and 13.64 million units at $0.22 per unit to raise gross proceeds of approximately $1.5 million to $3 million under a listed issuer financing exemption. Each unit consists of one common share and one warrant exercisable at $0.30 per share for 24 months after closing, with a 10% ownership blocker and an accelerated expiry feature if the share price trades at or above $0.75 for five consecutive days, positioning the structure to provide investors with upside participation while potentially bolstering Liberty’s balance sheet and market liquidity ahead of the expected initial closing around December 23, 2025.

The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.

Spark’s Take on TSE:SCAN Stock

According to Spark, TipRanks’ AI Analyst, TSE:SCAN is a Underperform.

The overall stock score is heavily influenced by the company’s poor financial performance, including declining revenues and negative profitability margins. Technical analysis also indicates bearish trends, with the stock trading below key moving averages and weak market momentum. The valuation is unattractive due to a negative P/E ratio and no dividend yield.

To see Spark’s full report on TSE:SCAN stock, click here.

More about Liberty Defense Holdings

Liberty Defense Holdings, Ltd., which trades on the TSX Venture Exchange under the symbol “SCAN”, is a listed issuer that raises capital through equity offerings involving common shares and share purchase warrants. The company operates in the capital markets as a small-cap security issuer, targeting eligible investors under Canadian prospectus exemption rules to fund its ongoing business activities and growth initiatives.

Average Trading Volume: 849,310

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$16.25M

See more insights into SCAN stock on TipRanks’ Stock Analysis page.

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