Welcome to our dedicated page for CYBEATS TECHNOLOGIES news (Ticker: CYBCF), a resource for investors and traders seeking the latest updates and insights on CYBEATS TECHNOLOGIES stock.
Cybeats Technologies Corp. (CYBCF) is a global leader in cybersecurity technology, offering industry-leading solutions in SBOM management and software supply chain intelligence. The company recently announced its inclusion in the 'Secure by Design' initiative by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), highlighting its commitment to enhancing security standards across various tech sectors. With a focus on securing enterprise software realms, Cybeats is at the forefront of promoting secure configurations and transparency in software supply chains. Their innovative platform provides customers with visibility and transparency into their software supply chain, empowering them to manage risk, ensure compliance, and secure their software throughout its lifecycle.Rhea-AI Summary
Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) announces a non-brokered private placement of up to 1,500 debenture units for gross proceeds of up to $1,500,000. The net proceeds will be used for working capital and general corporate purposes. Each debenture unit consists of $1,000 in principal amount of unsecured convertible debentures and 3,333 common share purchase warrants. The debentures accrue interest at 12% per annum and mature in 24 months, with the option to convert into common shares at a conversion price of $0.30 per share. The company may force conversion if the shares trade at or above $0.60 for 20 consecutive trading days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
-
Rhea-AI Summary
Cybeats Technologies Corp. (CYBT) partners with Health Information Sharing and Analysis Center (Health-ISAC) to offer SBOM management solution for healthcare industry, creating significant revenue opportunity. SBOM Studio is already commercially validated and used by top global Medical Device Manufacturers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.67%
Tags
-
Rhea-AI Summary
Cybeats Technologies Corp. provides an overview of recent U.S. cybersecurity policy advancements that support the Company's mission of Software Bill of Materials (SBOM) Management. The company is actively participating in the SBOM standard by contributing to working groups by CISA and is pleased to observe the U.S. administration's push for the adoption of SBOM.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
Rhea-AI Summary
Cybeats Technologies Corp. has successfully completed SOC 2 Type II certification, demonstrating organizational maturity and information security. This certification enhances Cybeats' ability to meet industry-specific needs and assures customers that their data is protected. SOC 2 compliance is crucial for tech companies, and Cybeats' certification strengthens its credibility in target verticals such as industrial controls, healthcare, and automotive industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.92%
Tags
-
Rhea-AI Summary
Cybeats Technologies Corp. announces the appointment of Justin Leger as CEO. Leger's primary mandates are to optimize commercial operations and accelerate the company's U.S. infrastructure. The appointment follows the successful launch of SBOM Studio. Leger is an accomplished operator with experience in government contracts and will focus on streamlining operations and driving sales results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
-
Rhea-AI Summary
Cybeats Technologies Corp. announces that it has been requested by OTC Markets Group Inc. to issue a statement about promotional activity concerning its common shares traded on the OTCQB market. The Company entered into an advertising agreement with Gold Standard Media, LLC and its affiliates. The Company does not believe the statements in the marketing materials and newsletter emails were materially false or misleading. The promotional activity coincided with increased trading activity in the common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
Tags
Rhea-AI Summary
Cybeats announces new pilot engagement for its SBOM Studio platform with an international technology and infrastructure company. The company has achieved significant growth in Monthly Recurring Revenue (MRR) and has a high pilot conversion rate. The average contract size for its SBOM Studio enterprise is over $700,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.12%
Tags
-
Rhea-AI Summary
Cybeats and CodeSecure partner to automate software supply chain security management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.71%
Tags
-
Rhea-AI Summary
Cybeats announces engagement with global smart manufacturing leader and provides commercial update highlighting 237% MRR growth
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
Rhea-AI Summary
Cybeats renews software licence agreement with Bullish, showcasing the value of SBOM Studio in enhancing cybersecurity measures. Bullish's focus on institutional digital assets sector and regulated framework contributes to market transparency. Cybeats reports 213% MRR growth YTD, 85% pilot conversion rate, and $707,428 average enterprise contract value for SBOM Studio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.54%
Tags
FAQ
What is the current stock price of CYBEATS TECHNOLOGIES (CYBCF)?
The current stock price of CYBEATS TECHNOLOGIES (CYBCF) is $0.1188 as of October 15, 2024.
What is the market cap of CYBEATS TECHNOLOGIES (CYBCF)?
The market cap of CYBEATS TECHNOLOGIES (CYBCF) is approximately 14.1M.
What is Cybeats Technologies Corp. known for?
Cybeats Technologies Corp. is known for being a global leader in cybersecurity technology, offering solutions in SBOM management and software supply chain intelligence.
What recent initiative has Cybeats Technologies Corp. been included in?
Cybeats Technologies Corp. has been included in the 'Secure by Design' initiative by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), aligning with industry giants to raise security standards across diverse tech sectors.
How does Cybeats' platform benefit customers?
Cybeats' platform provides customers with visibility and transparency into their software supply chain, enabling them to manage risk, ensure compliance, and secure their software throughout its lifecycle.
What sets Cybeats Technologies Corp. apart in the cybersecurity industry?
Cybeats Technologies Corp. stands out in the cybersecurity industry for its commitment to secure configurations, transparency in software supply chains, and innovative solutions for enhancing security in enterprise software realms.
What makes Cybeats Technologies Corp. a trusted partner for its clients?
Cybeats Technologies Corp. has achieved a 100% client retention rate, demonstrating its leadership role in the ICS sector and continued success in delivering operational efficiencies and comprehensive solutions to its diverse blue-chip customer base.
CYBEATS TECHNOLOGIES CORP