Adisyn Ltd (ASX: AL1) announces a successful placement to raise AU$400,000, issuing 20,000,000 fully paid ordinary shares at AU$0.02 per share, reflecting no discount to the 15-day VWAP. The funds will support the expansion of Adisyn Cyber, the newly formed cybersecurity division, focusing on increased sales, marketing efforts, and the development of AI-powered cybersecurity services.
The company aims to address privacy obligations under the Privacy Legislation Amendment Act 2022, offering services like threat intelligence, contextual security operations, and an AI-powered Personally Identifiable Information (PII) de-identification tool. Following the acquisition of Thomas Cyber, Adisyn has engaged in cybersecurity services for clients such as EMVision Medical Devices, Hazer Group, The Agency, and the Fremantle Football Club. Additionally, Adisyn Cyber has entered an MOU with Al Nasr Technical Trading Agencies (ATTA Group) to explore IT and cybersecurity systems supply in the UAE, Saudi Arabia, and Oman.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
