Financings
Cybeats Technologies Corp. Closes C$1.4 Million Non-Brokered Private Placement with U.S. Microcap Fund

CYBT · Price
Executive Summary
- Cybeats Technologies Corp. closed a non‑brokered private placement with IFCM MicroCap Fund LP, issuing 12 million common shares at C$0.12 per share for gross proceeds of C$1.44 million.
- The newly issued shares are subject to a hold period of four months and one day under CSE policies.
- Proceeds will be used primarily for sales and marketing activities and general corporate purposes.
Key Details
- Placement Size: 12,000,000 common shares issued.
- Price per Share: C$0.12.
- Gross Proceeds: C$1,440,000.
- Investor: IFCM MicroCap Fund LP (U.S. micro‑cap fund).
- Hold Period: Shares subject to a lock‑up of 4 months + 1 day from closing per Canadian Securities Exchange rules.
- Use of Proceeds: Allocation to sales and marketing initiatives and general corporate purposes.
- Closing Date: November 13, 2025 (as announced).
Notable Quotes
(No direct quotes were included in the release.)
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