Scope Technologies Plans $1.05M Private Placement

Scope Carbon Corp (TSE:SCPE) has released an update.

Scope Technologies Corp. has announced a private placement to raise up to $1,050,000 through the sale of 750,000 units at $1.40 each, which includes a share and a warrant. The funds will be used to expand their sales team and for general working capital, emphasizing their commitment to growth in quantum security and machine learning.

For further insights into TSE:SCPE stock, check out TipRanks’ Stock Analysis page.