Plurilock Provides an Update on the Status of Exercised Warrants
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Plurilock Security Inc. has announced that over 22 million $0.25 warrants have been exercised, raising more than $6 million. The remaining $0.25 warrants could bring in an additional $2 million. The first tranche of warrants will ratchet to $0.40 on April 25, 2025.
March 14, 2025 | 11:15 am
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POSITIVE IMPACT
Plurilock Security Inc. has successfully raised over $6 million from the exercise of over 22 million $0.25 warrants. The remaining warrants could generate an additional $2 million, and the first tranche will ratchet to $0.40 by April 2025.
The successful exercise of warrants indicates strong investor confidence and provides significant capital for Plurilock. The potential for additional funds and the ratcheting of the warrant price suggest positive future financial prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100