WILMINGTON, Mass., April 24, 2026 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (NASDAQ:DETX) (TSXV:SCAN) today announced the closing of its initial public offering in the United States of 3,673,638 common shares at a public offering price of $4.50 per share and to certain investors, in lieu of common shares, pre-funded warrants to purchase 770,807 common shares at a purchase price of $4.4999 per pre-funded warrant, which represented the public offering price per share, minus the $0.0001 per share exercise price of each such pre-funded warrant. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Liberty, were approximately $20 million. In connection with the offering, Liberty granted the underwriters a 30-day option to purchase up to an additional 666,666 common shares solely to cover over-allotments, if any.

The common shares began trading on the Nasdaq Capital Market on April 22, 2026 under the symbol "DETX". In connection with its listing on the Nasdaq Capital Market, the common shares ceased trading ...