Plurilock Security Inc (TSE:PLUR) has released an update.
Plurilock Security Inc. has successfully completed two private placement financings, raising a total of $5.5 million. These financings involved issuing units that combine a share with a two-year warrant, aimed at funding the company’s Business Transformation Plan and reorganizing its capital structure. The capital will be utilized to reduce payables and provide working capital for the company’s marketing and development efforts in cybersecurity solutions.
For further insights into TSE:PLUR stock, check out TipRanks’ Stock Analysis page.
