SCOUT SECURITY LIMITED

SCOUT SECURITY LIMITED (ASX: SCT)

Scout Security enters into a new finance facility with a syndicate of mostly US-based investors, providing additional funding for working capital and growth opportunities.
The facility involves a rollover of existing secured debt and a new note facility of USD $1.72 million (AU$2.59m) with associated warrants at AU$0.05 and AU$0.07 per share.
The interest rate on the new facility is 12.0% per annum with a term of four years, and it is senior and secured by all the assets of the Company.

2023-04-28 09:38:00

Scout Security has expanded its addressable market by partnering with Windstream.
Windstream customers with internet connections as low as 10 Mbps are now eligible for Scout products.
The e-commerce sales to existing Windstream customers are set to launch in May 2023.

2023-03-15 09:31:00

Ryan McCall has 14 years of business and people leadership experience in consumer technology.
Since his appointment as an executive 12 months ago he has led the Company in scaling up its commercial partnerships.
The company today reported $1.1 million in revenue.

2023-02-01 09:38:00