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BALLERUP, Denmark, Sept. 30, 2024 /PRNewswire/ -- LiqTech International, Inc. LIQT, a high-tech filtration technology company that manufactures and markets highly specialized filtration products and systems, today announced that it has entered into a definitive securities purchase agreement with existing institutional investors (the "Private Placement").

LiqTech intends to use the proceeds from the Private Placement to fund the Company's ongoing commercial development in the U.S. oil & gas sector, expansion of its commercial efforts in the European and U.S. swimming pool sector, and development of a new initiative to enter the marine exhaust gas recirculation (EGR) water treatment segment, each of which are critical components to the Company's growth strategy and path to profitability.

"We would like to thank our existing institutional investors for their consistent support and strong conviction with respect to our company, our management team, and our future opportunities," commented Fei Chen, CEO of LiqTech. "We look forward to the continued execution of our strategic plan aimed at leveraging the unique capabilities of LiqTech's high-tech filtration technology in large, growing end markets in the future."

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT LIQTECH INTERNATIONAL, INC.

LiqTech International, Inc., a Nevada corporation, is a high-tech filtration technology company that provides state-of-the-art ceramic silicon carbide filtration technologies for gas and liquid purification. LiqTech's silicon carbide membranes are designed to be used in the most challenging purification applications, and its silicon carbide filters are used to control diesel exhaust soot emissions. Using nanotechnology, LiqTech develops products using its proprietary silicon carbide technology, resulting in a wide range of component membranes, membrane systems, and filters for both microfiltration and ultrafiltration applications. By incorporating LiqTech's SiC liquid membrane technology with the Company´s extensive systems design experience and capabilities, LiqTech offers unique, modular designed filtration solutions for the most difficult water purification applications.

For more information, please visit: www.liqtech.com

Follow LiqTech on Linkedln: http://www.linkedin.com/company/liqtech-international

Follow LiqTech on Twitter: https://twitter.com/LiqTech

Forward-Looking Statements

LiqTech Company Contact

Phillip Massie Price, Interim Chief Financial Officer

LiqTech International, Inc.

Phone: +45 31313993

pmp@liqtech.com

LiqTech Investor Contact

Robert Blum

Lytham Partners, LLC

Phone: 602-889-9700

liqt@lythampartners.com

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SOURCE LiqTech International, Inc.

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