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Plurilock closes $3.2M private placement to boost AI cybersecurity platform and services

Company Fundamentals
12 May 2026
Newsfile Corp
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Bullish
pluang ai news

Plurilock Security Inc. completed the final tranche of its $3.2 million private placement by issuing special warrants at $0.10 each, raising $766,000 in the last tranche. The funds will support the development of its AI-native cyber resilience platform and expand its critical services in defense and commercial sectors. The special warrants will convert into common shares upon filing a prospectus supplement or after four months. The offering is subject to TSX Venture Exchange approval and includes insider participation and finder's fees. This capital raise strengthens Plurilock's position in cybersecurity for high-stakes environments.

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