archTIS Limited (ASX:AR9) is pleased to announce that its shares commenced trading today on the Australian Securities Exchange.
The listing follows the successful completion of an Initial Public Offering (IPO) and $8.0m capital raise, to progress the development and commercialisation of a suite of secure content and collaboration software products, called Kojensi, for the government and commercial sectors.
The capital raise was supported by existing well known small-cap investors SG Hiscock and Merchant Group, who have both been long term supporters of the company and have increased their holdings via the IPO fund raising round.
Having generated $13m in services consulting revenue over the last six years, archTIS looks forward to scaling globally through the company’s next generation secure information sharing and collaboration technology.