Ticker LaunchIPO · KWE
DEFSEC Technologies Inc.
Formerly KWESST Micro Systems Inc.
DEFSEC Technologies Inc. (KWE) priced its initial public offering on Dec 8, 2022 at $4.13 per share, raising $10.3M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $13.6M. ThinkEquity was lead-left underwriter. Dorsey & Whitney and Fasken advised the company and Dentons advised the underwriters.
At its 2022 IPO, KWESST Micro Systems Inc. (now DEFSEC Technologies Inc.) offered non-lethal PARA OPS and ARWEN launcher products, plus digitization products such as TASCS, and services including an ATAK Centre of Excellence and a critical incident management system.
- Status
- IPO
- Ticker
- KWE
- Exchange
- Nasdaq Capital Market
- Priced
- Dec 8, 2022
- IPO price
- $4.13
- Raised
- $10.3M
- Market cap at IPO price
- $13.6M
- First filed
- Aug 16, 2022
- Underwriters
- ThinkEquity
- Company counsel
- Dorsey & Whitney and Fasken
- Underwriters' counsel
- Dentons
- Sector
- Technology
Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.
More on this listing for subscribers
- Lock-up period and expiry date
- Shares offered, over-allotment and shares outstanding after the offering
- Analyst notes on the filing
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
Then $99/month or $999/year. Cancel anytime.
Filings
- Registration statement (F-1) first filed Aug 16, 2022
- Latest amendment Nov 14, 2022
- Final prospectus (424B4) Dec 8, 2022
- All filings on EDGAR CIK 1889823
Other Technology IPOs in 2022
- Snail, Inc.SNAL · Nov 10, 2022
- Mobileye Global Inc.MBLY · Oct 27, 2022
- Wearable Devices Ltd.WLDS · Sep 15, 2022 · $15.9M
- Onfolio Holdings, IncONFO · Aug 29, 2022 · $13.8M
- Nano Labs LtdNA · Jul 13, 2022
- Lytus Technologies Holdings PTV. Ltd.LYT · Jun 16, 2022 · $12.4M