LiqTech International (LIQT) Registration filing summary

Company overview and business model

• Operates as a clean technology company specializing in ceramic silicon carbide filters and membranes for gas and liquid purification, with applications in water filtration, diesel particulate filters, and plastic components for various industries.

• Utilizes proprietary nanotechnology and patented silicon carbide technology to develop innovative filtration products, serving markets in Denmark, the U.S., and China.

• Focuses on expanding product offerings and market penetration in sectors such as oil & gas, marine, chemical, automotive, and industrial wastewater.

Financial performance and metrics

• As of March 31, 2026, historic net tangible book value was $7.6 million, or $0.76 per share.

• After the offering, as adjusted net tangible book value would be approximately $25.6 million, or $1.22 per share, assuming all shares are sold at $1.80 per share.

• Immediate dilution to new investors is estimated at $0.58 per share.

Use of proceeds and capital allocation

• Net proceeds will be used to repay $3.0 million of Senior Promissory Notes (after $3.0 million is cancelled in a concurrent private placement), repay $1.1 million of 9.09% OID Notes, and for working capital and general corporate purposes.

• Any remaining proceeds may be temporarily held as cash or invested in cash equivalents.