mNAVwatch

LQWD · CAD · filings as of May 31, 2026

LQWD Technologies Corp.

Share price C$0.690 · $0.491₿267.15 heldSource: filings and releases
Trades below liquidation value

Assets against the capital stack

Liquidation value to commonC$34.4MC$1.04 per share
Market value of commonC$22.8MC$0.690 per share
Share price move to match liquidation value+50.8%discount C$11.6M · +51% upon liquidation
Assets, if sold todayClaims + common at market+50.8%share price to matchassets C$33.8McommonC$34.4MBitcoinC$31.4MCashC$2.4MCommon at marketC$22.8MAssetsClaims + market+50.8%to matchC$33.8McommonC$34.4MBitcoinC$31.4MCash, otherC$2.4MCommon atmarketC$22.8M

Hover or tap a block for detail.

  • Left out of the bars for simplicity: payables C$70,957; other assets and option exercise cash C$761,250.
  • Not in the stack: warrants and stock options, for simplicity and non-material anyway.
% gain/loss upon liquidation+51%Liquidation mNAV 0.66x
Liquidation value / shareC$1.04$0.741 in US$
Market priceC$0.690$0.491 in US$
Wipe-out BTC pricenonecash covers every claim
$83,632live
Lightning BTC haircut

Who gets paid, in order

RankClaimPosition in the stack (teal paid, red unpaid)RecoveryImpaired below BTC
–Assets realized₿267.15 BTC C$31.4M + cash and other C$2.4M
C$33.8M
–Common shareholders33,097,158 shares incl. 765,000 from exercised instruments
C$34.4MC$1.04 / share

Payables and other liabilities (C$70,957, 0.2% of assets) are left out of this table for simplicity. They are immaterial, and they are still deducted in every figure on this page.

Does LQWD Technologies Corp. try to beat BTC?

  • Deploys BTC on Lightning for routing fees source
  • Buys back common (approved, none yet) source

Inputs and sources

InputValueSource
BTC holdings₿267.15
Q1 FY2027 Condensed Interim Financial Statements (qtr ended May 31, 2026), p.16 · May 31, 2026
Note 7: 267.15 BTC, all held without debt; press release confirms ~267 unencumbered
CashC$2.4M
Q1 FY2027 Condensed Interim Financial Statements (qtr ended May 31, 2026), p.2 · May 31, 2026
Cash and cash equivalents
Common shares32,332,158
Preliminary Short Form Base Shelf Prospectus, p.16 · Aug 27, 2026
As of prospectus date Aug 27, 2026; same as MD&A at May 31 and Jul 30 (p.11)

All figures from company dashboards unless only available from the most recently filed financials.