Excite Technology Secures $1 Million Funding

Cipherpoint Ltd (AU:EXT) has released an update.

Excite Technology Services Limited has successfully secured $1 million in funding through a share placement to sophisticated investors, aiming to boost the company’s working capital. This capital will enhance the Group’s sales efforts and market reach, particularly in the digital forensics and incident response sectors. The issue of the new shares, priced at $0.01 each, is anticipated to be completed by the following Wednesday.

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