Cybeats closes oversubscribed C$1.97 million private placement at C$0.17/share

Reuters2026/07/27 21:30

By:Reuters

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Cybeats Technologies closed an oversubscribed non-brokered private placement, issuing 11,562,147 common shares at C$ 0.17 each.
Gross proceeds totaled C$ 1.97 million, exceeding the prior C$ 1.5 million financing target.
Finder’s fees of C$ 3,000 paid; 17,647 finder’s warrants issued, exercisable at C$ 0.17 for one year.
Net proceeds earmarked for sales and marketing, product commercialization, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cybeats Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607271730NEWSFILECNPR____20260727_306768_1) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cybeats closes oversubscribed C$1.97 million private placement at C$0.17/share

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