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CyberCatch Holdings, Inc. (TSXV: CYBHD), a cybersecurity company offering an AI-enabled platform for compliance and cyber risk mitigation, has appointed Doug Kerr as Head of Corporate Development. With over 25 years of experience in corporate development and capital markets, Kerr will lead the company's corporate finance initiatives, including an upcoming private placement capital raise, and business development activities. CEO Sai Huda expressed enthusiasm about Kerr's expertise and its potential impact on the company's growth and shareholder value.
CyberCatch Holdings, Inc. (TSXV: CYBE) has announced a debt settlement of US$ 720,000 through the issuance of 4,900,000 common shares at a deemed price of $0.20 per share to the company's Founder and CEO, Sai Huda. This settlement improves the company's balance sheet and demonstrates the CEO's commitment to shareholders. The transaction, which constitutes a related party transaction, is subject to TSXV approval and relies on exemptions from MI 61-101 due to financial hardship. CyberCatch reported a 194.46% increase in revenues over nine months this fiscal year compared to the previous year and anticipates continued growth momentum with a robust sales pipeline.
CyberCatch Holdings, Inc. (TSXV: CYBE), an AI-enabled cybersecurity platform provider, has announced significant changes to its board and senior management. The company has appointed Ali Zarei, a CPA and CA with over 16 years of financial leadership experience, as a new Director. Simultaneously, three directors and the CMO have resigned to pursue other opportunities. CEO Sai Huda expressed gratitude to the departing members and anticipates adding more board members and senior management soon. The current board consists of four members, including Huda and Zarei, while the senior management team comprises four executives.
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