Cybeats Technologies Surpasses C$1.5M Goal, Raises C$1.97M in Oversubscribed Private Placement

Private Placement Exceeds Target Amid Strong Investor Demand

On July 27, 2026, Cybeats Technologies Corp. announced the closing of its non-brokered private placement, which exceeded the company’s original financing goal. The offering was oversubscribed, resulting in gross proceeds of C$1,965,565 compared to the initially targeted C$1.5 million—approximately 31% above the original target.

The oversubscription reflects robust investor confidence in Cybeats’ business model and position within the software supply chain security market. The company issued 11,562,147 common shares at C$0.17 per share to complete the financing. Additionally, finder's fees totaling C$3,000 were paid, and 17,647 finder's warrants were granted to an eligible finder at the same C$0.17 exercise price, exercisable for one year from issuance.

Strategic Use of Capital for Growth and Commercialization

Cybeats indicated that net proceeds from the private placement will be directed toward sales and marketing initiatives, product commercialization activities, and general corporate purposes. Specific allocation percentages or timelines for fund deployment were not disclosed.

The emphasis on sales and marketing highlights a strategic focus on expanding market reach and customer acquisition, while product commercialization efforts suggest preparation to scale or enhance offerings such as the SBOM Studio platform. Allocating funds for general corporate purposes provides operational flexibility as business priorities evolve.

Overview of Cybeats’ Software Supply Chain Security Platform

Cybeats Technologies specializes in Software Bill of Material (SBOM) management and software supply chain intelligence. Its flagship product, SBOM Studio, is an enterprise-grade solution designed to help organizations document, track, and manage third-party software components. This capability is increasingly vital amid tightening regulatory requirements for software transparency and supply chain risk management across sectors including energy, healthcare, and defense.

SBOM Studio features AI-driven SBOM enrichment to automate transparency and produce structured, machine-readable SBOMs. It offers real-time vulnerability monitoring to continuously track security risks from discovery to resolution, enhancing supply chain resilience. The platform also supports regulatory compliance by simplifying adherence to cybersecurity mandates and audit processes. For enterprise users, it enables seamless integration across multi-tenant environments and complex supply chains, improving visibility from procurement through deployment.

Regulatory Hold Period and Compliance with Securities Laws

All securities issued under the private placement are subject to a statutory hold period of four months and one day from issuance, in line with Canadian securities laws and Canadian Securities Exchange (CSE) policies. This standard hold period helps maintain market integrity by restricting rapid resale of newly issued securities.

The securities have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws and cannot be offered or sold in the United States or to U.S. persons unless registered or exempt. This restriction aligns with typical Canadian private placement regulations and cross-border compliance frameworks.

Cybeats’ Position in Cybersecurity and Regulatory Compliance

Cybeats positions itself as a leading provider of software supply chain security solutions amid increasing global regulatory focus on supply chain risk. Its technology addresses growing market demand driven by evolving regulations in critical infrastructure, healthcare data security, and defense procurement.

The platform’s focus on transparency, compliance automation, and asset visibility aligns with industry trends toward zero-trust security and comprehensive supply chain oversight. By enabling organizations to track third-party software components, Cybeats helps improve operational efficiency, revenue potential, and regulatory alignment.

Finder’s Fees and Warrants Issuance Details

The company paid aggregate finder's fees of C$3,000 related to the private placement and issued 17,647 finder's warrants to an eligible finder. Each warrant has an exercise price of C$0.17 per common share, matching the subscription price, and expires one year from issuance.

Finder's warrants are standard compensation in Canadian private placements for service providers who assist in securing investors. The disclosed terms—exercise price equal to subscription price and one-year expiry—are typical. The company did not specify whether these warrants are held by a single or multiple finders.

Trading Listings on Canadian Securities Exchange and OTCQB

Cybeats Technologies is listed on the Canadian Securities Exchange under the ticker CYBT and on the OTCQB under CYBCF. The CSE listing offers Canadian investors direct access, while the OTCQB quotation provides liquidity for U.S.-based investors in a secondary market. The announcement includes a standard disclaimer noting that neither the CSE nor its Regulation Services Provider has approved or accepted responsibility for the release’s accuracy.

This dual listing approach is common among Canadian technology firms seeking access to both domestic and U.S. investor bases. Cybeats’ regulatory filings are accessible via its SEDAR+ profile, the official Canadian public company filing platform.

Forward-Looking Statements and Associated Risks

The announcement contains forward-looking information disclaimers, highlighting that anticipated use of proceeds and other statements involve risks and uncertainties beyond the company’s control. Potential delays or uncertainties in regulatory approvals, including from the CSE, could impact outcomes. There are no guarantees that commercialization plans will proceed as outlined.

The company disclaims any obligation to update forward-looking statements unless required by law and cautions investors against undue reliance on such statements. This standard caution reflects the inherent uncertainty in business projections and regulatory processes.

Timeline and Prior Announcement of Financing

This closing follows an initial announcement of the private placement dated July 17, 2026. The ten-day interval allowed for regulatory and administrative procedures before closing. The oversubscription by approximately C$465,000 indicates demand exceeded the original C$1.5 million target.

The timing aligns with typical Canadian private placement cycles, where companies announce financing plans and subsequently report closure after regulatory clearance and trade settlement. The strong investor interest underscores confidence in Cybeats’ strategic direction and market opportunity in software supply chain security.