Liberty Defense Holdings, Ltd. (Uplisting) (DETX)

HEXWAVE™ – Flagship SystemUnlike traditional walk-through metal detectors, HEXWAVE™ uses advanced sensors, 3D image reconstruction and AI software to reliably detect dangerous weapons while ignoring harmless items like keys, wallets, cell phones and jackets. This means that visitors can walk through HEXWAVE™ without stopping, without removing items from their pockets. HEXWAVE™ significantly reduces the number of false alarms, allowing security staff to focus their attention on high probability threats and increase customer throughput.They believe that the increasing frequency and severity of violent incidents in public venues is prompting both businesses and governments to adopt more proactive and scalable security screening solutions. This shift is creating a growing, market-driven need for effective, efficient and non-invasive detection technologies that can be broadly deployed across both public and private settings. As a result, they believe that they are well-positioned to become a market leader in the rapidly growing market for next-generation urban security screening technologies.HEXWAVE™ is currently in early commercial deployment. For the nine months ended September  30, 2025 and the year ended December 31, 2024, they have generated approximately US$0.91 million and US$1.01 million, respectively, in revenue from sales of HEXWAVE™ to early-adopter customers mainly in North America. These include deliveries to customers in the stadium, transportation, and government facility sectors. HEXWAVE™ is not yet in full-scale mass production, and they continue to focus on optimizing unit economics, reducing production costs, and enhancing system performance through ongoing engineering and supply chain improvements.Their marketing and sales activities to date have included participation in major security and public safety trade shows, targeted pilot programs at customer venues, and direct sales outreach to key sectors. They are actively expanding their commercial team and building channel partnerships to support broader market rollout in 2026.HD-AIT Upgrade KitOur HD-AIT Upgrade Kit is being developed pursuant to contracts awarded by the U.S. Transportation Security Administration (“TSA”) to create a solution to aging high-definition advanced imaging technology (“HD-AIT”) systems currently in use in airports throughout North America. The TSA has announced plans to upgrade over 1,000 body scanners installed at U.S. airports over the next five years, which they believe creates a near-term market opportunity representing approximately US$125 million of potential revenue, based on a target sales price of US$125,000 per HD-AIT Upgrade Kit unit. In addition, they believe there is global demand for similar upgrades to installed base systems internationally.As of the date of this prospectus, the HD-AIT Upgrade Kit remains in the product development and TSA certification phase and has not yet been commercialized. In August 2025, they delivered their first unit to the TSA for formal evaluation and testing at the Transportation Security Lab. In December 2025, the TSA exercised its contract option for the completion of design improvements to the HD-AIT Upgrade Kit. Initial commercial sales are anticipated in 2026, subject to successful completion of the TSA’s certification process.Note: Net loss and revenue are in U.S. dollars for the 12 months that ended Sept. 30, 2025. (Note: Liberty Defense Holdings Ltd. priced its U.S. public offering – a NASDAQ Uplisting – of 3.67 million shares – at $4.50 a share – and to certain investors, in lieu of common stock, the company sold pre-funded warrants to buy 777,808 common shares at $4.4999 per pre-funded warrant – and raised a total of about $20 million on Tuesday night, April 21, 2026. Liberty Defense Holdings’ uplisted stock offering alone raised about $16.52 million. Liberty Defense Holdings’ stock started trading on Wednesday, April 22, 2026, on the NASDAQ under the symbol “DETX,” according to its SEC filing. As a result of the NASDAQ Uplisting, Liberty Defense Holdings’ stock will no longer trade on the OTCQB Venture Market under the symbol LDDFF, the company said. However, LIberty Defense Holdings’ stock will continue to trade on the TSX Venture Exchange in Toronto under the symbol “SCAN,” the company said.)(Background: Liberty Defense Holding, Ltd. planned to offer 3.89 million shares at a price range of $4.00 to $5.00 to raise $17.51 million, according to its F-1/A filing dated March 26, 2026. Initial Filing: Liberty Defense Holdings, incorporated in British Columbia, filed its F-1 for its NASDAQ Uplisting and public offering on Feb. 4, 2026.)

Industry
Search, Detection, Navagation, Guidance, Aeronautical Systems

CEO	CFO
-

Employees	Founded
20	2012

Address: 187 Ballardvale Street, Suite 110 Wilmington, Massachusetts 01887

Telephone: (888) 617-7226

Web page: https://www.libertydefense.com/

First Trade Date	4/22/2026
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

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The lead left underwriter: Benchmark

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Underwriters
Benchmark (A StoneX Company)
CO-Managers