Patriot One Technologies (TSE:XTRA) has released an update.
Xtract One Technologies Inc. has successfully completed the full exercise of its over-allotment option, raising an additional $1.2 million through the sale of units, with the proceeds intended for working capital and general corporate purposes. The company also finished a concurrent private placement with MSG Sports Ventures, LLC, adding another $199,793 to its funds. These financial moves are designed to bolster Xtract One’s position as a leader in AI-driven security and threat detection solutions.
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