CyberCatch Announces Effective Date of Share Consolidation
CyberCatch Holdings, Inc. (TSXV: CYBE) has announced a share consolidation effective July 30, 2024. The consolidation will be on a 10:1 basis, meaning every ten pre-consolidated shares will be converted into one post-consolidated share. This move aims to transform the company's capital structure, attract additional financing, and position CyberCatch for growth and increased shareholder value.
Post-consolidation, the total issued and outstanding shares will be approximately 5,692,165, subject to rounding for fractional shares. The company's name will remain unchanged, but new CUSIP and ISIN numbers will be assigned. Registered shareholders holding physical share certificates will receive instructions for exchanging their certificates, while those holding shares through brokers won't need to take action.
CyberCatch Holdings, Inc. (TSXV: CYBE) ha annunciato una consolidamento delle azioni con effetto dal 30 luglio 2024. La consolidazione avverrà su base 10:1, il che significa che ogni dieci azioni pre-consolidamento saranno convertite in una sola azione post-consolidamento. Questa mossa mira a trasformare la struttura del capitale dell'azienda, attrarre finanziamenti aggiuntivi e posizionare CyberCatch per la crescita e un aumento del valore per gli azionisti.
Dopo la consolidazione, il numero totale di azioni emesse e in circolazione sarà di circa 5.692.165, soggetto a arrotondamenti per le azioni frazionarie. Il nome dell'azienda rimarrà invariato, ma verranno assegnati nuovi numeri CUSIP e ISIN. Gli azionisti registrati che detengono certificati azionari fisici riceveranno istruzioni per il cambio dei loro certificati, mentre coloro che detengono azioni tramite broker non dovranno intraprendere alcuna azione.
CyberCatch Holdings, Inc. (TSXV: CYBE) ha anunciado una consolidación de acciones efectiva el 30 de julio de 2024. La consolidación será en una proporción de 10:1, lo que significa que cada diez acciones antes de la consolidación se convertirán en una acción después de la consolidación. Este movimiento tiene como objetivo transformar la estructura de capital de la compañía, atraer financiamiento adicional y posicionar a CyberCatch para el crecimiento y el aumento del valor para los accionistas.
Tras la consolidación, el total de acciones emitidas y en circulación será de aproximadamente 5,692,165, sujeto a redondeo por acciones fraccionarias. El nombre de la compañía permanecerá sin cambios, pero se asignarán nuevos números CUSIP e ISIN. Los accionistas registrados que posean certificados de acciones físicas recibirán instrucciones para intercambiar sus certificados, mientras que aquellos que tengan acciones a través de corredores no necesitarán tomar ninguna medida.
CyberCatch Holdings, Inc. (TSXV: CYBE)는 2024년 7월 30일부터 시행되는 주식 통합을 발표했습니다. 통합은 10:1 비율로 진행되며, 이는 10개의 통합 전 주식이 1개의 통합 후 주식으로 변환됨을 의미합니다. 이 조치는 회사의 자본 구조를 변화시키고, 추가 자금을 유치하며, CyberCatch를 성장 및 주주 가치를 증대시키기 위한 방향으로 나아가게 합니다.
통합 후 총 발행 및 유통 주식 수는 약 5,692,165 주가 될 것으로 예상되며, 부분 주식의 반올림이 적용됩니다. 회사 이름은 변경되지 않지만, 새로운 CUSIP 및 ISIN 번호가 지정됩니다. 실물 주식 인증서를 보유한 등록 주주들은 인증서 교환에 대한 지침을 받게 되며, 중개인을 통해 주식을 보유한 사람들은 별도의 조치를 취할 필요가 없습니다.
CyberCatch Holdings, Inc. (TSXV: CYBE) a annoncé une consolidation des actions qui entrera en vigueur le 30 juillet 2024. La consolidation se fera sur une base de 10:1, ce qui signifie que chaque dix actions avant consolidation seront converties en une seule action après consolidation. Ce mouvement vise à transformer la structure du capital de l'entreprise, attirer des financements supplémentaires et positionner CyberCatch pour la croissance et l'augmentation de la valeur pour les actionnaires.
Après consolidation, le nombre total d'actions émises et en circulation sera d'environ 5 692 165, sous réserve d'arrondis pour les actions fractionnaires. Le nom de la société restera inchangé, mais de nouveaux numéros CUSIP et ISIN seront attribués. Les actionnaires inscrits détiennent des certificats d'actions physiques recevront des instructions pour échanger leurs certificats, tandis que ceux qui détiennent des actions par l'intermédiaire de courtiers n'auront pas besoin d'agir.
CyberCatch Holdings, Inc. (TSXV: CYBE) hat eine Aktienzusammenlegung angekündigt, die am 30. Juli 2024 in Kraft tritt. Die Zusammenlegung erfolgt im Verhältnis 10:1, was bedeutet, dass jede zehn vor der Zusammenlegung bestehenden Aktien in eine nach der Zusammenlegung bestehende Aktie umgewandelt wird. Dieser Schritt zielt darauf ab, die Kapitalstruktur des Unternehmens zu transformieren, zusätzliche Finanzierungen anzuziehen und CyberCatch für Wachstum und einen erhöhten Shareholder-Wert zu positionieren.
Nach der Zusammenlegung wird die Gesamtzahl der ausgegebenen und ausstehenden Aktien voraussichtlich etwa 5.692.165 betragen, wobei Rundungen für Bruchaktien berücksichtigt werden. Der Name des Unternehmens bleibt unverändert, jedoch werden neue CUSIP- und ISIN-Nummern vergeben. Registrierte Aktionäre, die physische Aktienzertifikate besitzen, erhalten Anweisungen zum Austausch ihrer Zertifikate, während Aktionäre, die über Broker Aktien halten, keine Maßnahmen ergreifen müssen.
- Share consolidation aims to attract additional financing
- Consolidation positions the company for growth and potential shareholder value increase
- Total issued and outstanding shares will be reduced to approximately 5,692,165
- Shareholders will own fewer shares post-consolidation
- Potential short-term market volatility due to share structure change
Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - July 26, 2024) - CyberCatch Holdings, Inc.(TSXV: CYBE) ("CyberCatch'' or the "Company"), an innovative cybersecurity company offering an AI-enabled platform solution for continuous compliance and cyber risk mitigation, announces that the Company will implement the consolidation of its common shares in the capital of the Company (the "Shares") on the basis of ten (10) pre-consolidated Shares for every one (1) post-consolidated Share (the "Consolidation") effective as of July 30, 2024.
The Consolidation is to transform the capital structure of the Company, attract additional financing and position the Company for growth and shareholder value increase.
The Company name will remain unchanged after the Consolidation. The new CUSIP number will be 23250C201 and the new ISIN number will be CA23250C2013 for the post-Consolidation Shares.
The total issued and outstanding number of Shares post-Consolidation will be approximately 5,692,165, subject to rounding for fractional Shares.
No fractional Shares will be issued in connection with the Consolidation. In the event a holder of Shares would otherwise be entitled to receive a fractional Share in connection with the Consolidation, the fractional Share will be cancelled if it is less than one-half (1/2) of a Share, and will be changed to one whole Share if that fractional Share is equal to or greater than one-half (1/2) of a Share.
Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting that they forward pre-Consolidation Share certificates to the Company's transfer agent, Computershare Investor Services Inc. in exchange for new Share certificates representing Shares on a post-Consolidation basis. Shareholders who hold their Shares through a broker or other intermediary and do not have Shares registered in their own name will not be required to complete a letter of transmittal.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV: CYBE) provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that provides continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Investor Relations
Phone: 1-866-753-2923
Email: info@cybercatch.com
SOURCE CyberCatch
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217784
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