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SuperCom ( (SPCB) ) has issued an announcement.
On January 31, 2025, SuperCom Ltd. completed a registered direct offering with institutional investors, selling 545,454 ordinary shares at $11.00 each, raising approximately $6.0 million in gross proceeds. This financial move is anticipated to bolster SuperCom’s capital resources, impacting its operational capabilities and market positioning positively, which could enhance stakeholder value.
More about SuperCom
SuperCom Ltd. operates in the technology industry, focusing on providing advanced identification and security solutions. The company specializes in electronic monitoring, security, and identification products, catering primarily to government and private sector clients globally.
YTD Price Performance: 22.01%
Average Trading Volume: 1,233,056
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $32.57M
See more insights into SPCB stock on TipRanks’ Stock Analysis page.
