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CyberCatch Holdings Inc ( (TSE:CYBE) ) has provided an update.
CyberCatch Holdings Inc. has successfully completed a non-brokered private placement, raising CDN $1,088,742 through the issuance of 7,258,280 units. The company plans to use these funds to bolster its working capital, expand its sales team, and increase marketing efforts, aiming to grow its sales both directly and through strategic partnerships. The private placement is subject to final approval from the TSX Venture Exchange, and the issued securities are subject to a hold period before becoming freely tradable.
More about CyberCatch Holdings Inc
CyberCatch Holdings Inc. operates in the cybersecurity industry, providing an AI-enabled platform solution focused on compliance and cyber risk mitigation. The company is dedicated to enhancing security frameworks and protecting organizations from cyber threats.
YTD Price Performance: 10.0%
Average Trading Volume: 25,500
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$1.98M
See more data about CYBE stock on TipRanks’ Stock Analysis page.
