Sekur Private Data Ltd. Announces Closing Of First Tranche Of Non-Brokered Private Placement

9/12/2024 8:16:30 PM

(MENAFN- Newsfile Corp) Miami, Florida and Toronto, Ontario--(Newsfile Corp. - September 12, 2024) - Sekur Private Data Ltd. (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT0) ("Sekur" or the "Company"), a leading Swiss hosted cybersecurity and privacy communications platform, is pleased to announce the closing of a first tranche of $961,863,94, of its non-brokered private placement announced August 26 2024 (the "Private Placement").

The Company issued 28,290,116 units at a price of $0.034 (the "Units") for gross proceeds of $961,863,94. 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 $0.055 for a period of 24 months following the closing.

The Company intends to use the net proceeds of the Private Placement for the marketing of its Sekur privacy solutions in the United States, its launch of Sekur Enterprise in Q4 2024, and for general purposes.

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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 Private Data Ltd. sells its products through its own website, , approved distributors and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide. or
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