archTIS: Raises more than $590k from share purchase plan
- Computer security company archTIS (AR9) has completed its share purchase plan and raised more than $590,000
- Approximately 10.7 million new shares will now issued to successful applicants at a price of $0.055 per share
- The share purchase plan opened in mid-May, closed on June 9, and shares will issued by June 15
- archTIS will use the money to accelerate its commercialisation strategy and increase the uptake of its Kojensi Platform in the defence, space, and education sectors
- Kojensi is a secure contract and collaboration platform that is used to share sensitive and classified files and documents
- archTIS has dropped 7.02 per cent and shares are currently trading for 5.3 cents each
