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The latest announcement is out from Integrated Cyber Solutions, Inc. ( (TSE:ICS) ).
Integrated Cyber Solutions Inc. announced a non-brokered private placement of 10,000,000 common shares at C$0.25 per share, aiming to raise $2,500,000. The funds will be used for general working capital and software development, with the offering subject to certain conditions, including regulatory approvals. This move is expected to bolster the company’s financial position and support its ongoing technological advancements in the cybersecurity sector.
More about Integrated Cyber Solutions, Inc.
Integrated Cyber Solutions is an AI-powered cybersecurity company focused on protecting the human layer while advancing novel technologies that redefine enterprise security. The company is developing a defensible portfolio of intellectual property, including quantum-resilient AI deployment and data securitization architecture, designed to safeguard sensitive enterprise data and machine learning models against current and emerging threats.
Average Trading Volume: 44,922
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$20.36M
See more insights into ICS stock on TipRanks’ Stock Analysis page.