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KWESST Micro SystemsNASDAQ: KWE

Profile

Country:

Canada

IPO:

08 January 2021

Next earnings report:

N/A

Last dividends:

N/A

Next dividends:

N/A
$947.99 K
-98%vs. 3y high
2%vs. sector
-vs. 3y high
-vs. sector
-97%vs. 3y high
15%vs. sector
-98%vs. 3y high
33%vs. sector

Price

after hours | 16 min ago
$0.60-$0.05(-7.65%)

Dividend

No data over the past 3 years
$240.70 K-$849.00 K

Analysts recommendations

Institutional Ownership

KWE Latest News

KWESST Receives NASDAQ Minimum Bid Price Requirement Extension
newsfilecorp.com13 November 2024 Sentiment: POSITIVE

Ottawa, Ontario--(Newsfile Corp. - November 13, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company") announced today that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until May 12, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1 per share for 30 consecutive trading days under Nasdaq Listing Rule 5550(a)(2) on May 16, 2024, and was given until November 12, 2024 to regain compliance.

KWESST Announces Issuance of Shares in Payment of Certain Debts
newsfilecorp.com11 November 2024 Sentiment: NEUTRAL

Ottawa, Ontario--(Newsfile Corp. - November 11, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U)("KWESST" or the "Company") today announces that it intends to issue a total of 119,047 common shares at a deemed price per common share of $0.84 per share (the "Shares"), representing a 20% discount on the closing price of the Shares on the TSX Venture Exchange (the "TSXV") on the last trading day prior to this news release, for settlement for reimbursement of business expenses incurred while representing the Company in an aggregate amount of $100,000 owed to a company controlled by Mr. David Luxton, Executive Chairman of the Company (the "Debt Settlement").

KWESST Micro Systems Inc. Announces Closing of Public Offering
newsfilecorp.com01 November 2024 Sentiment: POSITIVE

Ottawa, Ontario--(Newsfile Corp. - November 1, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company"), today announced the closing of its previously announced best efforts public offering of 3,889,000 common shares ("Common Shares") (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof,) at a public offering price of US$0.90 per Common Share (or Pre-funded Warrant (inclusive of the Pre-Funded Warrant exercise price)), less the placement agent fees. The gross proceeds from the offering were approximately US$3,500,000, before deducting placement agent fees of US$0.0675 per Common Share (being an aggregate of US$262,508 or 7.5% of the public offering price of the securities) and estimated offering expenses were approximately US$300,000.

KWESST Micro Systems Inc. Announces Pricing of Public Offering
newsfilecorp.com30 October 2024 Sentiment: POSITIVE

Ottawa, Ontario--(Newsfile Corp. - October 30, 2024) - KWESST Micro Systems Inc.  (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company"), today announced the pricing of a best efforts public offering of 3,889,000 common shares (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at a public offering price of US$0.90 per common share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of approximately US$3,500,000, before deducting placement agent fees and offering expenses. All of the common shares (or Pre-funded Warrants) are being offered by the Company.

KWESST Announces Completion of Volume Production Ramp-Up for Arwen Cartridges Through Outsourcing with Ammunition Manufacturer to Meet Growing Demand
newsfilecorp.com23 October 2024 Sentiment: POSITIVE

Company also establishes financing facility for its programmatic military contracts Ottawa, Ontario--(Newsfile Corp. - October 23, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company") today announced it has completed its plan to ramp up volume production of ARWEN cartridges, including the new 40mm baton round following successful characterization testing by a recognized ballistics laboratory. The ARWEN system is long-established in the law enforcement community and was designed as an alternative to lethal force for maintaining public order in the event of riots and civil unrest during protests and demonstrations.

KWESST Announces Share Consolidation Effective Date
newsfilecorp.com21 October 2024 Sentiment: NEUTRAL

Ottawa, Ontario--(Newsfile Corp. - October 21, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company") announces that, further to the Company's press release on October 10, 2024, the Company has received approval of the TSX Venture Exchange (the "TSX-V") for the consolidation of the Company's issued and outstanding common shares (each, a "Share") on the basis of ten (10) pre-consolidation Shares for each one (1) post-consolidation Share (the "Consolidation"). The Consolidation was effected pursuant to a resolution of the board of directors of the Company dated October 9, 2024.

KWESST Announces Proposed Share Consolidation
newsfilecorp.com10 October 2024 Sentiment: NEUTRAL

Ottawa, Ontario--(Newsfile Corp. - October 10, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company") announces that its board of directors (the "Board") has authorized a plan to proceed with a consolidation of its outstanding common shares (each, a "Share") on the basis of ten (10) pre-consolidation Shares for each one (1) post-consolidation Share (the "Consolidation"). The Consolidation is subject to approval of the TSX Venture Exchange (the "Exchange").

KWESST Updates Investors on Programmatic Business Ramp-Up
newsfilecorp.com01 October 2024 Sentiment: POSITIVE

A strong start to the Thales sub-contract over the first few months since award. Ottawa, Ontario--(Newsfile Corp. - October 1, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company") today updated investors on the ramp-up of activity on its sub-contract to Thales Canada in support of the Canadian Department of National Defence Land C4ISR series of contracts to modernize the Canadian Army's capabilities through advanced land command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) systems program.

KWESST Announces Postponement of Special Meeting of Shareholders
newsfilecorp.com27 September 2024 Sentiment: NEUTRAL

Ottawa, Ontario--(Newsfile Corp. - September 27, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company") announces the postponement of the special meeting (the "Meeting") of KWESST shareholders (the "Shareholders") in connection with the proposed consolidation of the Company's share capital (the "Consolidation"). The Meeting will reconvene on October 7, 2024, at 3:00 p.m.

KWESST Micro Systems Announces Q3 2024 Financial Results
newsfilecorp.com15 August 2024 Sentiment: POSITIVE

Ottawa, Ontario--(Newsfile Corp. - August 15, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") is pleased to announce the highlights of its fiscal 2024 ("Fiscal 2024") third quarter ("Q3") results. This announcement is a summary only and should be read in conjunction with KWESST's unaudited condensed consolidated financial statements and related management discussion and analysis, for the three- and nine-month period ended June 30, 2024 ("Q3 2024 FS").

What type of business is KWESST Micro Systems?

KWESST Micro Systems Inc. engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. The company non-lethal products, including PARA OPS devices and ARWEN products. KWESST Micro Systems Inc. was incorporated in 2017 and is headquartered in Ottawa, Canada.

What sector is KWESST Micro Systems in?

KWESST Micro Systems is in the Industrials sector

What industry is KWESST Micro Systems in?

KWESST Micro Systems is in the Aerospace & Defense industry

What country is KWESST Micro Systems from?

KWESST Micro Systems is headquartered in Canada

When did KWESST Micro Systems go public?

KWESST Micro Systems initial public offering (IPO) was on 08 January 2021

What is KWESST Micro Systems website?

https://www.kwesst.com

Is KWESST Micro Systems in the S&P 500?

No, KWESST Micro Systems is not included in the S&P 500 index

Is KWESST Micro Systems in the NASDAQ 100?

No, KWESST Micro Systems is not included in the NASDAQ 100 index

Is KWESST Micro Systems in the Dow Jones?

No, KWESST Micro Systems is not included in the Dow Jones index

When was KWESST Micro Systems the previous earnings report?

No data

When does KWESST Micro Systems earnings report?

Next earnings report date is not announced yet