Socure Inc. announced that it will issue 9,334,976 series E preferred shares at issue price of $16.0686 per share for the gross proceeds $149,999,995.3536 in funding on October 27, 2021. The shares carry non-cumulative dividend rate of 8% per annum. The shares will be convertible in common shares at a price of $16.0686 per share. The company will issue securities pursuant to exemption provided under Regulation D.