PLCKF - Plurilock to acquire Aurora Systems Consulting
Plurilock Security ([[PLCKF]]) enters share purchase agreement dated March 26, 2021 to acquire all securities of Aurora Systems Consulting.Aurora is a leading U.S.-based cybersecurity solutions provider with over 140 clients and revenue of $28.11M in 2020.As a part of the growth stratergy, Aurora will operate as an additional sales force to deliver identity assurance solutions to Aurora's vast network of clients.Company will be paying a transaction fee to an arm's length third party consultant in $25,000 in cash and 46,296 common shares of the company at a deemed price of C$0.54 per share."The acquisition of Aurora will represent a significant milestone in Plurilock's development and in our M&A strategy of acquiring attractive assets that have the ability to scale," said Ian L. Paterson, CEO.
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Plurilock to acquire Aurora Systems Consulting