Supercom Raises $7.5 Million, Fueling $80 Million in Government Tech Projects

Supercom (NASDAQ: SPCB) announced a registered direct offering to raise approximately $7.5 million in gross proceeds.

The company entered an agreement to sell 732,683 ordinary shares to institutional investors.

The purchase price is set at $10.25 per share.

The offering is expected to close on or about July 14, 2026.

Supercom will use the net proceeds for working capital and to expand government technology projects in the U.S. and Europe.

These projects feature combined published budgets exceeding $80 million.