Highlights 

  • 12M common shares issued at CAD 0.12 per share raise total proceeds of CAD 1.44M. 
  • Funds from the placement will support sales, marketing, and general corporate purposes. 
  • Shares are subject to a four-month-and-one-day hold period under CSE policies. 

Cybeats Technologies Corp. (CSE:CYBT), a provider of software supply-chain security solutions, announced a CAD 1.44M non-brokered private placement with IFCM MicroCap Fund LP, managed by Intelligent Fanatics Capital Management. The company will issue 12,000,000 common shares at a price of CAD 0.12 per share, generating aggregate proceeds of CAD 1,440,000.  

About Cybeats Technologies Corp. 

Cybeats Technologies provides solutions for software supply chain security, including Software Bill of Material management and supply chain intelligence technology. The platform enables organizations to manage risks, comply with regulations, and secure software from procurement through development and operations. Cybeats’ solutions provide transparency across the software supply chain, supporting operational efficiency and regulatory adherence. 

Cybeats SBOM Studio 

Cybeats SBOM Studio is an enterprise-class solution for tracking third-party software components and managing security throughout the software lifecycle. Its main features include: 

  • Quality Analysis & Auto-Correction of Data: AI-powered SBOM enrichment automates transparency, improving structure, verification, and usability of data. 
  • Real-Time Vulnerability Monitoring: Continuous monitoring of software risks from discovery to resolution enhances supply-chain resilience. 
  • Regulatory Compliance & Secure Distribution: Simplifies adherence to cybersecurity requirements, supports audits, manages structured data, and enables secure SBOM sharing. 
  • Scalable Enterprise Deployment: Facilitates integration across multi-tenant environments and complex supply chains for comprehensive visibility. 
  • Enhanced Security & Asset Visibility: Machine-readable SBOMs improve risk assessment for critical infrastructure in energy, healthcare, and defense sectors. 

The private placement provides funding to support Cybeats’ ongoing initiatives to sustain and expand its software supply-chain security offerings while supporting corporate operations.