Plurilock Sec Stock Price, News & Analysis

Plurilock (OTCQB: PLCKF) announced a $1,242,462 contract with a Nasdaq-listed semiconductor manufacturer to provide software licensing and professional services. The contract comprises a $922,008 one-year licensing renewal for a Data Loss Prevention (DLP) platform and an $320,454 eight-month professional services engagement for Security Operations Support (SOC).

The deal expands a long-standing customer relationship, represents a licensing increase, and adds net-new Professional Services inside the account, consistent with Plurilock’s stated land-and-expand strategy. Plurilock expects fulfillment costs and gross margin profiles to align with historical performance. Specific contract terms remain confidential.

Plurilock Security (OTCQB: PLCKF) reported Q3 2025 results for the quarter and nine months ended September 30, 2025. Q3 revenue was $15.39M (nine months: $50.50M$2.69M in Q3 (Q3 2024: $1.01M), reflecting a 165% year‑over‑year increase. Adjusted EBITDA loss improved to $(1.61M) in Q3 (prior $(1.82M)), a ~11.5% improvement year‑over‑year.

Gross margin was 8.8% in Q3. Cash and restricted cash totaled $1.52M at Sept 30, 2025. Subsequent events include a $3.0M strategic convertible debenture investment (Oct 31, 2025) and new U.S. contracts announced in November 2025. Management hosted a results webinar on Nov 27, 2025.

Plurilock (OTCQB: PLCKF) will release its Q3 2025 financial results for the three and nine months ended September 30, 2025 after market close on Wednesday, November 26, 2025.

Management will host a live webinar on Thursday, November 27, 2025 at 11:00 AM ET (8:00 AM PT) where CEO Ian L. Paterson and CFO Scott Meyers will review results, provide company updates, and answer investor questions. A recording and supporting materials will be posted on the company investor relations page.

Plurilock (OTCQB: PLCKF) announced follow-on Critical Services contracts totaling US$868,600 with an existing Nasdaq-listed semiconductor manufacturer on November 5, 2025. The awards comprise an 8-month US$676,000 direct services engagement and a 6-month US$192,600 resell services expansion to deliver a 24/7 Security Operations Center (SOC) for continuous threat detection, proactive defense, and incident response. The work expands Plurilock's footprint in semiconductor and high-technology manufacturing sectors and leverages integrated endpoint detection and response (EDR) technology through a cybersecurity partner. Contract terms remain confidential; Plurilock expects fulfillment costs and gross margin profiles to align with historical MD&A disclosures.

Plurilock (OTCQB: PLCKF) announced a one-year US$624,000 software and services contract with a large U.S. state law enforcement agency on November 3, 2025.

Under the agreement Plurilock will deliver software solutions and dedicated engineering support to strengthen the agency's security posture and protect sensitive law enforcement and public safety data. The customer is an existing Plurilock client and the state's largest employer of law enforcement officers and operator of correctional and parole systems.

Plurilock expects fulfillment costs and gross margins to be consistent with its historic Solutions and Professional Services businesses; detailed contract terms remain subject to confidentiality and non-disclosure.

Plurilock (OTCQB: PLCKF) closed a $3,000,000 non-brokered private placement on October 31, 2025 by issuing 3,000 debenture units at $1,000 per unit to a strategic investor.

Each unit includes a 10% unsecured convertible debenture (convertible at $0.23 until October 30, 2028) and 4,000 warrants exercisable at $0.25 until October 30, 2028. Interest on the debentures is 10% per annum, payable quarterly in cash, shares, or combination based on the 10-day VWAP, subject to TSXV policies. Conversion/exercise is limited to avoid >9.99% beneficial ownership.

The proceeds are earmarked to accelerate growth initiatives, expand Critical Services, and strengthen working capital. Securities are subject to TSXV approval and a statutory four-month plus one-day hold.

Plurilock (OTCQB: PLCKF) announced that company insiders, executives, directors and certain employees purchased a combined approximately 531,000 common shares on the open market on October 27, 2025. Insiders accounted for roughly 344,000 shares and employees about 187,000 shares.

The company said these purchases reflect broad-based confidence in Plurilock's long-term strategy as it focuses on expanding its Critical Services business, pursuing federal and commercial opportunities, and driving toward profitability. The CEO, Ian L. Paterson, commented on leadership commitment to shareholder value. All purchases complied with securities laws and insider trading policy; transaction details are available on SEDI.

Plurilock (OTCQB: PLCKF) provided a corporate update on October 9, 2025 outlining progress in defence-focused initiatives and Critical Services growth. The company established a dedicated federal capture team led by new CTO and Critical Services GM Michael Ruiz to pursue government cybersecurity contracts across the U.S., Canada, NATO and allied nations. Plurilock reported adding 3 new Critical Services customers, expanding work with 2 existing clients, and recording one of its strongest months for new business pipeline. The company secured repeat orders from U.S. and Canadian federal agencies. Management additions include Dr. Chase Cunningham to the Industry Advisory Council and equity awards totaling 600,000 options at $0.25 and 850,000 RSUs.

Plurilock Security (OTCQB:PLCKF) has appointed Michael Ruiz as Chief Technology Officer and General Manager of Critical Services, effective September 26, 2025. Ruiz, a cybersecurity veteran with over 20 years of experience from companies like Raytheon and Booz Allen Hamilton, will spearhead the company's margin expansion strategy.

The new executive brings significant expertise in cybersecurity, defense technology, and digital transformation, along with a background as a U.S. Army Signals Intelligence Analyst. His appointment aims to scale Plurilock's Critical Services business across North America and allied markets, focusing on large-scale public sector and defense opportunities.