Welcome to our dedicated page for Plurilock Sec news (Ticker: PLCKF), a resource for investors and traders seeking the latest updates and insights on Plurilock Sec stock.
Plurilock Security Inc. (OTCQB: PLCKF) is a services-led, product-enabled, AI-native cybersecurity systems integrator whose news flow centers on contracts, Critical Services growth, capital raises, and leadership updates. The company reports that it works with Five-Eyes governments, NATO-aligned agencies, Global 2000 enterprises, semiconductor manufacturers, and a large U.S. state law enforcement agency, making its announcements relevant to investors following cybersecurity in high-stakes environments.
News for Plurilock frequently covers software and services contracts, such as multi-million-dollar licensing agreements with a Nasdaq-listed semiconductor manufacturer and software and services engagements with public safety organizations. These updates often describe insider-risk solutions, data loss prevention initiatives, and Security Operations Center services that extend Plurilock’s presence within existing customer accounts.
Investors can also expect financial results releases, where Plurilock discusses revenue across hardware and systems sales, software, license and maintenance, and professional services, along with commentary on the performance of its Critical Services segment and non-IFRS measures such as EBITDA and Adjusted EBITDA. Additional news items include capital markets activity, such as convertible debenture offerings and warrant issuances, and insider share purchases by executives, directors, and employees.
Corporate developments, including executive appointments and the evolution of the Critical Services and SecOps practices, are also part of the company’s disclosures. For readers tracking PLCKF, this news page provides an organized view of contract wins, operational milestones, financing events, and governance updates that shape Plurilock’s cybersecurity business over time.
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.
Plurilock Security (OTCQB:PLCKF) has reported significant growth in its Critical Services division, securing three new customers and expanding relationships with two existing clients over the past 30 days. The company's Plurilock Critical Services (PLCS) portfolio has gained new engagements in incident response, security architecture, and data protection.
The initial 5-figure engagements are part of Plurilock's land-and-expand strategy, aimed at building trust for long-term partnerships. The company has also added over $10 million in new Critical Services pipeline, with many opportunities starting as seven-figure initial bids. Notably, Plurilock is now being invited to participate in larger opportunities, including NATO-aligned defense programs.
Plurilock Security (OTCQB: PLCKF) has announced the completion of efficiency initiatives expected to generate $2.7 million in annual cost savings. The cybersecurity services provider has implemented corporate streamlining measures following the divestiture of its CloudCodes business.
The company is adopting an AI-first approach in select departments and leveraging global talent in offshore delivery centers to improve efficiency. These measures, effective September 1, 2025, aim to reduce operating expenses, strengthen the balance sheet, and accelerate profitability while maintaining focus on its higher-margin Critical Services business.
Plurilock Security Inc. (OTCQB: PLCKF) has completed the sale of its CloudCodes assets to Scope Technologies Corp. for a total consideration of $1.78 million, comprising both cash and Scope common shares. The transaction, initially announced on August 20, 2025, includes the sale of Plurilock Security Private Limited and related CloudCodes business assets.
As part of the deal, Plurilock issued 200,000 common shares at $0.20 per share to Canaccord Genuity Corp. as a $40,000 advisory fee. The strategic divestiture aligns with Plurilock's focus on Critical Services and its commitment to serving enterprise, defense, and public sector clients in North America and allied markets.
Plurilock Security (OTCQB:PLCKF) has announced the sale of its CloudCodes business assets to Scope Technologies for total considerations of $1.78 million. The transaction includes $100,000 in cash and 4.2 million common shares of Scope Technologies.
The deal involves the sale of Plurilock Security Private Limited subsidiary and related CloudCodes assets, marking Plurilock's strategic shift from SME markets to focus on large enterprises, government, and Fortune 500 clients. The transaction is expected to close around September 15, 2025, subject to regulatory approvals.
Canaccord Genuity Corp. will receive an advisory fee of $40,000 in Plurilock common shares for the transaction.
Plurilock Security (OTCQB:PLCKF), a global cybersecurity provider, reported Q2 2025 financial results with total revenue of $16.4M, up from $14.3M in Q2 2024. The company saw a 159% increase in Critical Services revenue year-over-year and a 42% improvement in Adjusted EBITDA loss.
Revenue breakdown shows software and maintenance sales at $10.8M (65.7%), professional services at $4.3M (26%), and hardware sales at $1.4M (8.2%). Gross margin decreased to 12% from 14.7% due to a one-time lower-margin resale order. The company maintains $1.7M in cash with an additional $8.5M in unused credit facilities.
Management focuses on higher-margin offerings and expansion into NATO and Middle East markets, leveraging existing relationships with Canadian and U.S. federal clients.
Plurilock Security (OTCQB:PLCKF), a global cybersecurity services provider, has scheduled the release of its Q2 2025 financial results for Tuesday, August 19, 2025, after market close. The results will cover the three and six months ended June 30, 2025.
The company will host a live webinar on Wednesday, August 20, 2025, at 11:00 AM ET (8:00 AM PT), where CEO Ian L. Paterson and CFO Scott Meyers will present the results, provide company updates, and conduct a Q&A session. A recording and supporting materials will be available on the company's investor relations website after the event.
Plurilock Security (OTCQB: PLCKF) has achieved certification as a Forcepoint Services Partner, expanding its role in providing managed cybersecurity solutions. The partnership enables Plurilock to offer integrated Critical Services to Forcepoint customers, including implementation, policy tuning, hosting, and fully managed services for Forcepoint's AI-powered data security platform.
The collaboration is already generating leads across enterprise and public sector accounts. Plurilock's certified services encompass Data Loss Prevention (DLP), Data Security Posture Management (DSPM), and Enterprise Security Posture Management (ESPM), all integrated into their Data Protection as a Service (DPaaS) platform.
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