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Plurilock Security Inc. Raises Over $6 Million Through Warrant Exercises

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Plurilock Security Inc ( (TSE:PLUR) ) has issued an announcement.

Plurilock Security Inc. announced that over 22 million $0.25 warrants have been exercised since the free trading announcement, raising more than $6 million. The company’s management and board have also shown confidence by exercising their own warrants. The first tranche of $0.25 warrants is set to ratchet to $0.40 on April 25, 2025, encouraging shareholders to act before the deadline. This financial activity supports Plurilock’s strategic growth initiatives and its focus on expanding its cybersecurity footprint while delivering long-term shareholder value.

More about Plurilock Security Inc

Plurilock Security Inc. is a global cybersecurity services and solutions provider that sells its unique brand of critical services to the United States and Canadian Federal Governments, as well as Global 2000 companies. The company focuses on defending against, detecting, and preventing costly data breaches and cyberattacks.

YTD Price Performance: -41.18%

Average Trading Volume: 166,480

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$18.6M

For a thorough assessment of PLUR stock, go to TipRanks’ Stock Analysis page.

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