Spectur Raises $1.15m in SPP
- Security and surveillance technology company Spectur (SP3) raises $1.15 million through a security purchase plan (SPP)
- The SPP, which followed a $1.9 million placement, initially aimed to raise $500,000, however, it received applications for $1.13 million
- The company is also accepting $17,000 under the shortfall offer which takes the total amount raised from the placement and SPP to $3 million
- These funds will be used for the company’s expansions plans across Australia and other development costs
- Company shares end the day five per cent in the red at 3.8 cents
