LQWD announces launch of ATM equity issuance program to support Bitcoin Lightning Network expansion

On July 16, according to Globe Newswire, Canadian Bitcoin Lightning Network infrastructure company LQWD Technologies Corp. (TSXV: LQWD) announced the launch of a maximum of $10 million ATM (issued at market price) equity plan. The company will issue common shares in stages according to market conditions, and the funds raised will be used for the continued expansion of Bitcoin Lightning Network infrastructure, future acquisitions, research and development, and marketing. LQWD said that Bitcoin, as a core asset, will continue to support its global network layout. The plan is valid until December 31, 2025, or if the issuance is completed earlier. [PANews]