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Integrated Cyber Solutions, Inc. ( (TSE:ICS) ) just unveiled an update.
Integrated Cyber Solutions Inc. has successfully closed a non-brokered private placement, raising CDN$500,000 through the sale of convertible debenture units. The offering is expected to enhance the company’s financial position, allowing it to further its mission of empowering businesses with advanced cybersecurity solutions. The convertible debentures come with a 20% annual interest rate and offer flexibility for conversion into common shares, which could potentially strengthen the company’s market presence and appeal to investors.
More about Integrated Cyber Solutions, Inc.
Integrated Cyber Solutions Inc. is a global managed security service provider (MSSP) that focuses on small-to-medium businesses and enterprises. The company emphasizes a people-centered approach to cybersecurity, offering comprehensive training and awareness programs to empower employees as the first line of defense against cyber threats. Through its IC360 platform and strategic global partnerships, Integrated Cyber combines AI-driven threat detection, behavior-based training, and real-time intelligence to transform cybersecurity into a people-driven solution.
Average Trading Volume: 25,846
Technical Sentiment Signal: Strong Buy
Learn more about ICS stock on TipRanks’ Stock Analysis page.