- Security technology provider Spectur has closed its oversubscribed share purchase plan (SPP) after successfully raising approximately $945,000
- The company first announced the SPP on July 9 and it closed on August 7, 2020
- The company received applications for just over 28 million shares, but only accepted approximately 18.9 million of them
- Spectur also recently completed a share placement in which it raised $567,248 in proceeds
- The SPP and placement proceeds will accelerate the adoption of the company’s new technology platform, drive sales and review M&A opportunities
- Spectur closed 5.36 per cent in the green today, trading for 5.9 cents per share
