Recent Updates — LIQT
LiqTech International, Inc. announced that David Noerby Foss Kowalczyk, serving as Chief Financial and Operating Officer, notified the company of his intention to resign effective November 30, 2026. The filing states that this departure is not due to any disagreement with the company regarding operations, policies, or practices. LiqTech International operates in the industrial technology sector, specializing in carbon capture solutions.
LiqTech International, Inc. received a deficiency notice from Nasdaq regarding its failure to comply with the $1 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company has an initial 180-day compliance period ending January 19, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 per share for at least ten consecutive business days. LiqTech International, Inc. operates in the semiconductor and specialty chemical processing equipment industry.
LiqTech International, Inc. entered into an Underwriting Agreement with Konik Capital Partners, LLC to issue and sell 20,000,000 shares of common stock at $1.00 per share, expected to generate approximately $18.0 million in net proceeds. The company will use the funds to repay $3.0 million in senior promissory notes, $1.1 million in 9.09% original issue discount promissory notes, and for working capital and general corporate purposes. Additionally, 3,000,000 shares were issued to Note Holders in exchange for the cancellation of $3.0 million of senior promissory notes. LiqTech International, Inc. provides advanced technology solutions for the semiconductor and specialty chemical industries.