Xtract One Secures $8.5M in Funding Rounds

Patriot One Technologies (TSE:XTRA) has released an update.

Xtract One Technologies Inc. has successfully completed a public offering and a strategic private placement, raising a total of $8.54 million. In the public offering, over 14 million units were sold, including common shares and warrants, while Madison Square Garden Sports Corp.’s subsidiary MSG Sports invested $1.4 million privately. The company plans to use the funds raised for working capital and general corporate purposes.

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