Cybeats closes oversubscribed private placement

Cybeats Technologies Corporation, a provider of software supply-chain security, announced and closed a non-brokered private placement. Initially announced on July 17, 2026, the offering targeted up to C$1.5 million by issuing up to 8,823,530 common shares at C$0.17 per share. On July 27, 2026, the company announced the closing of the placement, which was oversubscribed: it issued 11,562,147 common shares for gross proceeds of C$1,965,565. The company paid C$3,000 in finder's fees and issued 17,647 finder's warrants exercisable at C$0.17 per share for one year. Proceeds will be used for sales and marketing, product commercialization, and general corporate purposes.