CyberCatch Announces Private Placement
CyberCatch Holdings, Inc. (TSXV: CYBE) has announced a non-brokered private placement to raise up to $1,500,000. The offering consists of 10,000,000 units priced at $0.15 per unit, with each unit comprising one common share and one warrant. Each warrant is exercisable at $0.25 for two years, subject to acceleration if the stock price reaches $0.35 for 10 consecutive trading days. The company may pay finder's fees and close in multiple tranches. Proceeds will be used to hire sales staff, increase digital marketing, and support international growth. The private placement is subject to regulatory approvals and will be offered under exemptions from prospectus requirements.
CyberCatch Holdings, Inc. (TSXV: CYBE) ha annunciato un collocamento privato non intermediauto per raccogliere fino a $1.500.000. L'offerta consiste in 10.000.000 unità a un prezzo di $0,15 per unità, con ciascuna unità composta da un'azione ordinaria e un warrant. Ogni warrant è esercitabile a $0,25 per due anni, soggetto ad accelerazione se il prezzo dell'azione raggiunge $0,35 per 10 giorni di negoziazione consecutivi. La società potrebbe pagare commissioni ai procacciatori e chiudere in più tranche. I proventi saranno utilizzati per assumere personale di vendita, aumentare il marketing digitale e supportare la crescita internazionale. Il collocamento privato è soggetto ad approvazioni normative e sarà offerto sotto esenzioni dai requisiti di prospetto.
CyberCatch Holdings, Inc. (TSXV: CYBE) ha anunciado un colocación privada no intermediada para recaudar hasta $1,500,000. La oferta consiste en 10,000,000 unidades a un precio de $0.15 por unidad, con cada unidad compuesta por una acción común y un warrant. Cada warrant se puede ejercer a $0.25 durante dos años, sujeto a aceleración si el precio de las acciones alcanza $0.35 durante 10 días hábiles consecutivos. La empresa puede pagar comisiones a buscadores y cerrar en múltiples tramos. Los ingresos se utilizarán para contratar personal de ventas, aumentar el marketing digital y apoyar el crecimiento internacional. La colocación privada está sujeta a aprobaciones regulatorias y se ofrecerá bajo exenciones de los requisitos de prospecto.
CyberCatch Holdings, Inc. (TSXV: CYBE)는 최대 $1,500,000을 모집하기 위한 비중개 사모 배정을 발표했습니다. 이번 공모는 10,000,000 단위로 구성되며, 각 단위는 $0.15에 가격이 책정되어 있으며, 각 단위는 보통주 1주와 워런트 1개로 구성됩니다. 각 워런트는 $0.25에 2년 동안 행사할 수 있으며, 주가가 10일 연속으로 $0.35에 도달할 경우 조기 행사될 수 있습니다. 회사는 중개 수수료를 지급할 수 있으며, 여러 트랜치로 마감할 수 있습니다. 수익금은 판매 직원 고용, 디지털 마케팅 증대, 국제 성장 지원에 사용될 예정입니다. 사모 배정은 규제 승인을 받아야 하며, 투자설명서 요건에서 면제된 조건으로 제공될 것입니다.
CyberCatch Holdings, Inc. (TSXV: CYBE) a annoncé un placement privé non intermédiaire visant à lever jusqu'à 1 500 000 $. L'offre se compose de 10 000 000 unités au prix de 0,15 $ par unité, chaque unité étant composée d'une action ordinaire et d'un bon de souscription. Chaque bon de souscription est exerçable à 0,25 $ pendant deux ans, sous réserve d'accélération si le prix de l'action atteint 0,35 $ pendant 10 jours de bourse consécutifs. La société peut verser des frais d'apporteur d'affaires et fermer en plusieurs tranches. Les produits seront utilisés pour recruter du personnel de vente, augmenter le marketing numérique et soutenir la croissance internationale. Le placement privé est soumis à des approbations réglementaires et sera proposé sous des exceptions aux exigences de prospectus.
CyberCatch Holdings, Inc. (TSXV: CYBE) hat eine nicht vermittelte Private Placement angekündigt, um bis zu 1.500.000 USD zu sammeln. Das Angebot besteht aus 10.000.000 Einheiten, die zu einem Preis von 0,15 USD pro Einheit angeboten werden, wobei jede Einheit aus einer Stammaktie und einem Warrant besteht. Jeder Warrant kann für zwei Jahre zu 0,25 USD ausgeübt werden, beschleunigt, wenn der Aktienkurs für 10 aufeinanderfolgende Handelstage 0,35 USD erreicht. Das Unternehmen kann Findergebühren zahlen und in mehreren Tranchen schließen. Die Einnahmen werden verwendet, um Vertriebspersonal einzustellen, die digitale Vermarktung zu erhöhen und das internationale Wachstum zu unterstützen. Die Private Placement unterliegt behördlichen Genehmigungen und wird unter Ausnahmen von den Prospektanforderungen angeboten.
- Raising up to $1,500,000 in capital through private placement
- Potential for accelerated warrant exercise if stock price reaches $0.35
- Funds allocated for sales team expansion and digital marketing growth
- Focus on international growth and strategic partnerships
- Potential dilution of existing shareholders due to issuance of new shares
- Warrants may lead to further dilution if exercised
Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - September 6, 2024) - CyberCatch Holdings, Inc. (TSXV: CYBE) ("CyberCatch'' or the "Company"), a cybersecurity company offering an AI-enabled platform solution for compliance and cyber risk mitigation, announced today it intends to undertake a non-brokered private placement (the "Private Placement") for gross proceeds of up to
In connection with the Private Placement, the Company may pay a finder's fee within the maximum amount permitted by the policies of the TSX Venture Exchange. The Private Placement may close in multiple tranches as subscriptions are received.
Closing of the Private Placement is subject to certain customary corporate and regulatory approvals, including, without limitation, approval of the TSX Venture Exchange. The securities to be issued under the Private Placement will be offered pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Private Placement will be subject to a hold period which will expire four months and one day from the date of closing of the Private Placement. The Private Placement will be available under the accredited investor exemption as well as the existing shareholder exemption.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Company intends to use the proceeds to hire additional sales staff and increase digital marketing to grow sales directly and indirectly with strategic partners and for operating expenses to support international growth.
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: 1-866-756-2923
Email: info@cybercatch.com
SOURCE CyberCatch
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222309
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