Sekur Private Data Secures CA$105,000 in Private Placement to Expand U.S. Cybersecurity Market Presence
TL;DR
Investors benefit from Sekur Private Data's successful private placement, raising CA$105,000 for U.S. marketing and growth.
Sekur Private Data closed a non-brokered private placement, issuing 3 million units at CA$0.035 each with a full warrant.
Sekur's privacy solutions advance secure communications globally, enhancing data protection for consumers, businesses, and governments.
Sekur Private Data's Swiss-hosted cybersecurity platform raises CA$105,000 in a successful private placement, driving innovation in secure communication tools.
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Sekur Private Data Ltd., a Swiss-hosted cybersecurity and privacy communications platform, has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of CA$105,000. The company issued 3 million units at CA$0.035 each, with each unit comprising one common share and a full warrant exercisable at CA$0.05 for a 24-month period. This funding round was completed without any finders' fees, allowing the company to maximize the capital raised for its strategic initiatives.
The proceeds from this private placement will be strategically allocated toward expanding Sekur Private Data's U.S. marketing efforts for its privacy communications solutions and supporting general working capital needs. This targeted approach reflects the company's focus on strengthening its position in the competitive cybersecurity and privacy communications landscape. The U.S. market represents a significant growth opportunity for secure communication technologies, particularly as privacy concerns continue to escalate globally.
Sekur Private Data specializes in providing encrypted communication tools through its comprehensive suite of services, including secure email, messaging, and data management solutions. The company serves a diverse global customer base that includes consumers, businesses, and government entities through multiple distribution channels. These include direct sales via the company's own website, approved distributors, and telecommunications partners worldwide, ensuring broad accessibility to its security solutions.
The successful completion of this private placement represents a strategic move for Sekur to enhance its market presence and continue developing its suite of secure communication technologies. By focusing resources on U.S. market expansion, the company aims to capitalize on growing demand for privacy-focused communication tools in one of the world's largest cybersecurity markets. This funding initiative supports Sekur's ongoing commitment to providing robust privacy solutions in an increasingly interconnected digital environment where data protection has become paramount for organizations and individuals alike.
Curated from InvestorBrandNetwork (IBN)
