On August 12, 2026, Li-FT Power Ltd. completed a “bought deal” public offering of 7,935,000 common shares at a price of $2.90 per share for gross proceeds of approximately $23 million, which included the full exercise of the over-allotment option.
The offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter and sole bookrunner, and including BMO Capital Markets, Raymond James Ltd., ATB Cormark Capital Markets and SCP Resource Finance LP.
Cassels acted for the underwriters.