CyberCatch Holdings Inc (TSE:CYBE) has released an update.
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CyberCatch Holdings, Inc., a cybersecurity firm with an AI-powered compliance and risk mitigation platform, will undergo a share consolidation on July 30, 2024, at a ratio of 10-to-1 to improve its capital structure and foster growth. The company’s total issued shares will be reduced to about 5.7 million, and the move is aimed at attracting additional financing and increasing shareholder value without changing the company name.
For further insights into TSE:CYBE stock, check out TipRanks’ Stock Analysis page.
