On March 20, 2025, Liberty Defense Holdings Ltd., a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announced the closing of its overnight marketed offering of units. It intended to issue 3,031,000 units at a price of $1.65 per unit for gross proceeds of approximately $5 million.
Canaccord Genuity Corp., a global, full-service investment bank, acted as the sole underwriter and bookrunner under the offering.
Fasken advised Canaccord Genuity Corp. with a team led by Martin Ferreira Pinho (M&A) and Mike Stephens (Information Technology), and included Sabrina Chang and Sukhvir Gill (Corporate and Securities).
Jurisdiction
- British Columbia