SuperCom Raises $7.5 Million in Registered Direct Offering

The company intends to allocate the net proceeds toward general corporate requirements and working capital. These funds will specifically support the rollout and expansion of government contracts in the United States and Europe, markets where the firm currently manages projects with combined published budgets exceeding $80 million. Maxim Group LLC is serving as the sole placement agent for the transaction.

The shares are being issued under an existing shelf registration statement on Form F-3, which the U.S. Securities and Exchange Commission declared effective in January 2025. Following the completion of this offering, the company will file a prospectus supplement detailing the final terms of the sale with federal regulators.