Cybeats Partners with Sophic Capital for Capital Markets Services
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF) has appointed Sophic Capital as its investor relations partner to enhance investor awareness through comprehensive communications strategy. The 12-month agreement includes monthly payments of $8,000 and grants Sophic options to purchase 1,000,000 common shares at $0.16 per share, vesting quarterly in four tranches. The partnership aims to communicate Cybeats' growth strategy to investment advisors, dealers, institutions, and financial professionals, leveraging Sophic's established network in capital markets.
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF) ha nominato Sophic Capital come partner per le relazioni con gli investitori, al fine di migliorare la consapevolezza degli investitori tramite una strategia di comunicazione completa. L'accordo di 12 mesi prevede pagamenti mensili di $8.000 e concede a Sophic l'opzione di acquistare 1.000.000 di azioni ordinarie a $0,16 per azione, con maturazione trimestrale in quattro tranche. La partnership mira a comunicare la strategia di crescita di Cybeats a consulenti finanziari, rivenditori, istituzioni e professionisti finanziari, sfruttando la rete consolidata di Sophic nei mercati di capitali.
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF) ha designado a Sophic Capital como su socio en relaciones con inversores para mejorar la conciencia de los inversores a través de una estrategia de comunicación integral. El acuerdo de 12 meses incluye pagos mensuales de $8,000 y otorga a Sophic opciones para comprar 1,000,000 de acciones comunes a $0.16 por acción, que se adquirirán trimestralmente en cuatro tramos. La asociación tiene como objetivo comunicar la estrategia de crecimiento de Cybeats a asesores de inversión, distribuidores, instituciones y profesionales financieros, aprovechando la red establecida de Sophic en los mercados de capitales.
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF)는 투자자 인식을 높이기 위해 Sophic Capital을 투자자 관계 파트너로 임명했습니다. 12개월 계약에는 월 $8,000의 지급이 포함되며, Sophic에게 주당 $0.16에 1,000,000주 보통주를 구매할 수 있는 옵션을 부여하며, 이는 분기별로 네 번에 걸쳐 귀속됩니다. 파트너십은 Cybeats의 성장 전략을 투자 자문, 딜러, 기관 및 금융 전문가들에게 전달하는 것을 목표로 하며, Sophic의 자본 시장 내 확립된 네트워크를 활용합니다.
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF) a désigné Sophic Capital comme partenaire pour les relations avec les investisseurs afin d'améliorer la sensibilisation des investisseurs par une stratégie de communication complète. Le contrat de 12 mois comprend des paiements mensuels de 8 000 $ et accorde à Sophic des options pour acheter 1 000 000 d'actions ordinaires à 0,16 $ par action, avec une acquisition trimestrielle en quatre tranches. Le partenariat vise à communiquer la stratégie de croissance de Cybeats aux conseillers en investissement, aux distributeurs, aux institutions et aux professionnels de la finance, en s'appuyant sur le réseau établi de Sophic sur les marchés des capitaux.
Cybeats Technologies (CSE: CYBT) (OTCQB: CYBCF) hat Sophic Capital als Partner für Investor Relations ernannt, um das Investorenbewusstsein durch eine umfassende Kommunikationsstrategie zu stärken. Der 12-Monats-Vertrag umfasst monatliche Zahlungen von 8.000 $ und gewährt Sophic die Option, 1.000.000 Stammaktien zu einem Preis von 0,16 $ pro Aktie zu kaufen, die vierteljährlich in vier Tranchen fällig werden. Die Partnerschaft zielt darauf ab, die Wachstumsstrategie von Cybeats an Anlageberater, Händler, Institutionen und Finanzfachleute zu kommunizieren und dabei Sophics etablierte Netzwerk im Kapitalmarkt zu nutzen.
- Strategic partnership with established capital markets advisory firm to enhance investor visibility
- Company reports commercial momentum and significant interest in their technology
- Additional monthly expenses of $8,000 for IR services
- Potential dilution from 1,000,000 share options granted at $0.16
Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a global leader in software supply chain security, announced today that it has appointed Sophic Capital Inc. ("Sophic Capital") as its investor relations partner. Sophic is a comprehensive capital markets advisory firm for smallcap growth companies.
This partnership aims to increase investor awareness of Cybeats by implementing a comprehensive communications strategy and introducing Cybeats to investment advisors, dealers, institutions, and financial professionals.
"Sophic Capital's established network and expertise will help us communicate our value to the investment community at a critical stage of our growth," said Justin Leger, CEO of Cybeats. "We continue to see a significant interest in our technology, and given our commercial momentum, we believe now is the time to more effectively communicate our growth strategy to a broader spectrum of the investment community."
"Cybeats represents the type of innovative and high-potential company we seek to work with," said Sean Peasgood, CEO of Sophic Capital. "The company is addressing pressing global cybersecurity challenges, particularly in increasingly regulated markets in the U.S. and EU. With a unique product portfolio, and a growing blue-chip customer base, Cybeats is poised for significant growth. We look forward to working with Cybeats to bring their story to investors."
Pursuant to agreement between the Company and Sophic Capital (the "Agreement"), Sophic will receive
About Sophic Capital
Sophic Capital is a capital markets advisory firm for public and private growth companies, specializing in developing complete capital markets strategies for companies across all stages of development. Sophic Capital's depth of knowledge in the technology sector, clean technology and special situations markets combined with decades of experience working in the capital markets, makes it an ideal partner to help lower the cost of capital and accelerate growth. For more information, visit www.sophiccapital.com
About Cybeats
Cybeats (CSE: CYBT) is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Our platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency and increase revenue. Cybeats. Software Made Certain. Website: https://cybeats.com
Contact:
James Van Staveren
Corporate Development
Phone: 1-888-713-SBOM (7266)
Email: ir@cybeats.com
Sean Peasgood, Investor Relations
(905) 667-6761
Sean@SophicCapital.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information relating to, among other things, the Company's expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering, and the completion of the Offering. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for the products described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Company filings are available under the Company's SEDAR+ profile at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232101
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