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WhiteHawk Secures A$2 Million to Boost AI/ML Cyber Solutions

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WhiteHawk Secures A$2 Million to Boost AI/ML Cyber Solutions

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WhiteHawk Ltd. ( (AU:WHK) ) has provided an update.

WhiteHawk Limited has successfully completed a share placement to raise A$2 million from sophisticated and professional investors. The funds will be used to advance the company’s AI/ML-based cyber risk solutions, including automation of its Cyber Resilience Moonshot portfolio analytics and support for new contracts and marketing initiatives. This strategic move aims to enhance WhiteHawk’s market position and expand its operational capabilities, including the potential establishment of a new office in Perth, Australia, to support AUKUS Defense Company Cyber Compliance.

More about WhiteHawk Ltd.

WhiteHawk Limited is a global online AI-based cybersecurity exchange that enables businesses and organizations to proactively prevent cybercrime, fraud, and disruption. The company offers automated and scalable Cyber Risk Assessments, SaaS, and Platform as a Service (PaaS) product lines tailored for clients of all sizes.

Average Trading Volume: 1,971,965

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$10.01M

Find detailed analytics on WHK stock on TipRanks’ Stock Analysis page.

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