Sekur Private Data Ltd. Completes Final Private Placement Round

Author: Ryan Hughes Updated: 03-31-2025 07:43 AM

Closing of Final Tranche of Private Placement

In a significant move for its future, Sekur Private Data Ltd. (OTCQB: SWISF) has closed the last tranche of its non-brokered private placement. This milestone event was marked by gross proceeds of CA$237,106, furthering Sekur's commitment to enhancing privacy communications.

Details of the Private Placement

A total of 6,973,705 units were issued at a price of CA$0.034 per unit. Each unit consists of one common share and one common share purchase warrant. The warrants allow holders to purchase additional common shares at a price of CA$0.055 for the next 24 months post-closure.

Insider Participation

Highlighting confidence in the company, insiders including the CEO and CFO participated by purchasing a total of 2,050,000 units. Their involvement emphasizes the strong belief in Sekur’s vision and future initiatives.

Finders' Fees

In conjunction with this financing, finders' fees amounting to 200,000 broker warrants were paid to Research Capital Corp. This strategic move reflects Sekur's broader financial strategy without issuing cash or shares.

Use of Proceeds

The net proceeds from this private placement will be allocated towards marketing efforts for Sekur's privacy communications solutions, ensuring they reach a wider audience. Enhanced marketing efforts will target a broader consumer base looking for secure communication methods.

About Sekur Private Data Ltd.

Sekur Private Data Ltd. is recognized as an innovative cybersecurity provider, specializing in Internet privacy solutions hosted in Switzerland. The company offers a robust suite of encrypted emails, secure messengers, and communication tools designed for user safety. Their products are accessible through their main website and a network of approved distributors, catering to both individual consumers and businesses globally.

Follow Sekur for More Updates

Stay updated on Sekur's progress by following them on social media platforms like Twitter and LinkedIn. Engaging with the company online is a great way to learn more about their latest advancements in cybersecurity.

Contact Information

For inquiries, contact Alain Ghiai, President and CEO of Sekur Private Data Ltd. You can reach him directly through the company’s website or by phone at +1.305.347.5114.

Frequently Asked Questions

What does Sekur Private Data Ltd. do?

Sekur Private Data Ltd. is a leading cybersecurity provider focused on secure communication solutions and Internet privacy.

How much did Sekur raise in its private placement?

Sekur raised gross proceeds of CA$237,106 from the closing of its last tranche of private placement.

Who participated in this funding round?

Insiders including the CEO and CFO purchased a total of 2,050,000 units in this placement, showing internal confidence in the company's future.

What can the funds from the private placement be used for?

The funds will primarily be used for marketing Sekur's privacy communications solutions and other general corporate purposes.

Where can I find more information about Sekur?

More information about Sekur and its products can be found on their official website.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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