CyberCatch Holdings Inc ( (TSE:CYBE) ) has issued an announcement.
CyberCatch Holdings Inc. announced proceeds of CA$932,563 from the early exercise of warrants, providing additional working capital to avoid another private placement. This capital will be used to invest in sales and marketing, accelerate revenue growth through direct and indirect channels, and launch new products targeting key vertical markets with significant growth opportunities. The company also plans to execute investor awareness campaigns to expand its investor base in North America, engaging an external expert firm, Outside the Box Capital Inc., to assist in this effort.
More about CyberCatch Holdings Inc
CyberCatch Holdings Inc. is a cybersecurity company that offers a proprietary, AI-enabled Software-as-a-Service (SaaS) platform. This platform provides continuous compliance and cyber risk mitigation for organizations in critical segments, focusing on addressing security holes from control deficiencies to prevent cyberattacks.
Average Trading Volume: 19,625
Technical Sentiment Signal: Buy
Current Market Cap: C$25.61M
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