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Sekur Private Data Ltd. Announces Closing of an Additional Tranche of its Non-Brokered Private Placement

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Sekur Private Data has closed a second tranche of its non-brokered private placement, raising CA$433,588.98 through the issuance of 12,752,617 units at CA$0.034 each. Each unit includes one common share and one warrant, with warrants exercisable at CA$0.055 for 24 months. Combined with the first tranche, total proceeds reached CA$1,395,452.92 from 41,042,733 units. Finders' fees of CA$32,214.90 were paid in cash. The company plans to use proceeds for marketing its privacy communications solutions in the United States and general purposes.

Sekur Private Data ha chiuso una seconda tranche del suo collocamento privato non mediato, raccogliendo CA$433,588.98 attraverso l'emissione di 12,752,617 unità a CA$0.034 ciascuna. Ogni unità comprende un'azione comune e un warrant, con i warrant esercitabili a CA$0.055 per 24 mesi. Combinata con la prima tranche, il totale dei proventi ha raggiunto CA$1,395,452.92 da 41,042,733 unità. Sono state pagate commissioni per intermediazione di CA$32,214.90 in contante. La società prevede di utilizzare i proventi per la commercializzazione delle sue soluzioni di comunicazione della privacy negli Stati Uniti e per scopi generali.

Sekur Private Data ha cerrado una segunda tranche de su colocación privada no mediada, recaudando CA$433,588.98 mediante la emisión de 12,752,617 unidades a CA$0.034 cada una. Cada unidad incluye una acción ordinaria y un warrant, con warrants exercitables a CA$0.055 durante 24 meses. Junto con la primera tranche, el total de ingresos alcanzó CA$1,395,452.92 por 41,042,733 unidades. Se pagaron honorarios de buscadores de CA$32,214.90 en efectivo. La empresa planea utilizar los ingresos para comercializar sus soluciones de comunicación de privacidad en los Estados Unidos y para fines generales.

세CUR 프라이빗 데이터는 중개인이 없는 두 번째 사모 배치를 마감하고, CA$433,588.98를 모금하여 각각 CA$0.034에 12,752,617 단위를 발행하였습니다. 각 단위에는 하나의 보통주와 하나의 워런트가 포함되어 있으며, 워런트는 24개월 동안 CA$0.055에 행사할 수 있습니다. 첫 번째 트랜치와 합쳐서, 총 수익은 CA$1,395,452.92로 41,042,733 단위에 달했습니다. 수수료로 CA$32,214.90가 현금으로 지급되었습니다. 회사는 이 수익을 미국에서 개인 정보 보호 통신 솔루션을 마케팅하고 일반적인 목적에 사용할 계획입니다.

Sekur Private Data a clôturé une deuxième tranche de son placement privé non intermédiaire, levant CA$433,588.98 grâce à l'émission de 12,752,617 unités au prix de CA$0.034 chacune. Chaque unité comprend une action ordinaire et un bon de souscription, avec des bons pouvant être exercés à CA$0.055 pendant 24 mois. En combinant avec la première tranche, le produit total atteint CA$1,395,452.92 provenant de 41,042,733 unités. Des frais de recherche de CA$32,214.90 ont été payés en espèces. L'entreprise prévoit d'utiliser les produits pour commercialiser ses solutions de communication sur la vie privée aux États-Unis et à des fins générales.

Sekur Private Data hat eine zweite Tranche seiner nicht vermittelte Privatplatzierung abgeschlossen und CA$433,588.98 durch die Ausgabe von 12,752,617 Einheiten zu je CA$0.034 gesammelt. Jede Einheit umfasst eine Stammaktie und eine Option, wobei die Optionen zu einem Preis von CA$0.055 über einen Zeitraum von 24 Monaten ausgeübt werden können. Zusammen mit der ersten Tranche belief sich der Gesamterlös auf CA$1,395,452.92 aus 41,042,733 Einheiten. Es wurden Vermittlungsgebühren von CA$32,214.90 in bar gezahlt. Das Unternehmen plant, die Erlöse für die Vermarktung seiner Datenschutzkommunikationslösungen in den Vereinigten Staaten und für allgemeine Zwecke zu verwenden.

Positive
  • Successfully raised CA$1.39M in total private placement funding
  • No warrant or share issuance for finders' fees, minimizing additional dilution
Negative
  • Significant shareholder dilution through issuance of 41,042,733 new units
  • Additional potential dilution from exercise of warrants at CA$0.055

Miami, Florida and Toronto, Ontario--(Newsfile Corp. - November 28, 2024) -  Sekur Private Data Ltd. (OTCQB: SWISF) (CSE: SKUR) (FSE: GDT0) ("Sekur" or the "Company"), a leading Swiss hosted cybersecurity and privacy communications platform, is pleased to announce that further to its news releases dated August 26, 2024 and September 12, 2024, the Company has closed a second tranche of its non-brokered private placement (the "Private Placement") for gross proceeds of CA$433,588.98.

The Company issued 12,752,617 units at a price of CA$0.034 (the "Units") for gross proceeds of CA$433,588.98 Each Unit is comprised of one common share (each a "Common Share") in the share capital of the Company and one full common share purchase warrant (each a "Warrant"). Each full Warrant entitles its holder to purchase one additional common share at a price of CA$0.055 for a period of 24 months following the closing.

Finders' fees of CA$32,214.90 were paid in cash in conjunction with this financing. No warrants or shares were issued.

The total units sold for the first and second tranche equals 41,042,733 units at a price of $0.034 for gross proceeds of $1,395,452.92.

The Company intends to use the net proceeds of the Private Placement for the marketing of its Sekur privacy communications solutions in the United States, and for general purposes.

To find out more about Sekur's privacy communications solutions visit: https://sekur.com

For more company information, please visit: https://sekurprivatedata.com

For sales brochure on our enterprise security solutions, or partnership opportunities, contact partners@sekur.com

About Sekur Private Data Ltd.

Sekur Private Data Ltd. is a cybersecurity and Internet privacy provider of Swiss hosted solutions for secure and private communications. The Company distributes a suite of encrypted e-mails, secure messengers and secure communication tools. Sekur sells its products through its own website, https://www.sekur.com, approved distributors and telecommunications companies worldwide. Sekur serves consumers and businesses worldwide.

Follow Sekur on X @sekurprivate

LinkedIn: https://www.linkedin.com/company/sekurprivatedata-ltd

CONTACT

Alain Ghiai,
President and Chief Executive Officer
SEKUR PRIVATE DATA LTD.
Email: corporate@sekurprivatedata.com
www.sekurprivatedata.com
Tel: +1.416.644.8690 or +1.305.347.5114

Forward-Looking Information

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws ("forward-looking statements"). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "project" and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. These statements reflect management's current estimates, beliefs, intentions and expectations; they do not guarantee future performance. Sekur cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Sekur's control. Such factors include, among other things: risks and uncertainties relating to the future of the Company's business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company's ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in Sekur's prospectus dated May 8, 2019, filed with the Canadian Securities Administrators and available on www.sedarplus.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Sekur undertakes no obligation to publicly update or revise forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231860

FAQ

How much did Sekur Private Data (SWISF) raise in its second tranche private placement?

Sekur Private Data raised CA$433,588.98 in the second tranche of its private placement through the issuance of 12,752,617 units at CA$0.034 each.

What are the terms of Sekur Private Data's (SWISF) private placement warrants?

Each warrant entitles holders to purchase one additional common share at CA$0.055 for a period of 24 months following the closing.

What is the total amount raised by Sekur Private Data (SWISF) in both tranches?

The total amount raised across both tranches was CA$1,395,452.92 through the issuance of 41,042,733 units at CA$0.034 each.

SEKUR PRIVATE DATA LTD

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