Sekur Private Data Secures CA$105,000 in Private Placement Funding for U.S. Market Expansion
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. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of CA$105,000 through the issuance of 3 million units at CA$0.035 each. Each unit consists of one common share and a full warrant exercisable at CA$0.05 for a 24-month period. The private placement was conducted without any finders' fees, making it a cost-effective capital raising initiative for the Swiss-hosted cybersecurity and privacy communications platform.
The company plans to allocate the proceeds toward expanding its U.S. marketing efforts for privacy communications solutions and supporting general working capital needs. This strategic funding comes at a critical time as cybersecurity threats continue to evolve globally, creating increased demand for secure communication tools. Sekur Private Data specializes in providing encrypted communication solutions through its platform available at https://www.sekur.com, serving a diverse global customer base that includes consumers, businesses, and government entities.
The private placement represents a significant strategic move for Sekur to enhance its market presence and continue developing its suite of secure communication technologies. By focusing specifically on U.S. market expansion, the company aims to strengthen its position in the highly competitive cybersecurity and privacy communications landscape. The funding will enable the company to increase its visibility and market penetration in one of the world's largest cybersecurity markets, where concerns about data privacy and secure communications continue to grow.
Sekur Private Data's comprehensive suite of services includes secure email, messaging, and data management solutions distributed through its own website, approved distributors, and telecommunications partners worldwide. The successful completion of this funding round demonstrates investor confidence in the company's business model and growth strategy, particularly as organizations and individuals increasingly prioritize data protection and privacy in their digital communications. The capital infusion will support the company's mission to provide reliable, Swiss-hosted privacy solutions in an era of escalating cyber threats and data privacy concerns.
Curated from InvestorBrandNetwork (IBN)
