- Scryb’s (SCYB) Cybeats subsidiary will begin trading on the CSE on November 21
- Cybeats is a supply chain intelligence technology provider with an active pipeline and a growing client base of industry-leading companies
- As Cybeats’ majority owner, Scryb is aligned with shareholders and positioned to benefit from its future growth
- Scryb offers a cloud-based platform to power businesses and technologies with applied intelligence, real-time analytics and actionable insights
- Scryb (SCYB) opened with a gain of 5 per cent, trading at $0.105 per share
Scryb’s (SCYB) Cybeats subsidiary will begin trading on the CSE on November 21.
The spin-out will trade under the symbol CYBT.
Cybeats is a supply chain intelligence technology provider helping organizations manage risk, meet compliance and secure software from procurement to development to operations.
Scryb onboarded Cybeats in March 2021. Since then, it has grown to a team of over 50, with an active pipeline and a growing client base of industry leaders and billion-dollar multinationals.
Management believes Cybeats has the potential to shape the standard of software supply chain security and detection response in IoT security. It views a public listing as an efficient way to highlight this value and accelerate growth.
Scryb will maintain its majority ownership in Cybeats and continue to support the company where needed.
Scryb offers a cloud-based platform to power businesses and technologies with applied intelligence, real-time analytics and actionable insights.
Scryb (SCYB) opened with a gain of 5 per cent, trading at $0.105 per share.