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Scryb (CSE:SCYB) subsidiary Cybeats subsidiary is now trading on the CSE

Market News, Technology
CSE:SCYB
21 November 2022 16:00 (EDT)

Source: Scryb.

Scryb (SCYB) announced that its cybersecurity company, Cybeats Technologies, is now trading on the CSE under the symbol CYBT.

Yoav Raiter, CEO of Scryb, commented on the listing.

“We are proud and excited to see Cybeats stand on its own after bringing the technology from the R&D stages to a disruptive, revenue-generating company. From very early on, we recognized the dedication and potential in the DNA of Cybeats, and I believe the company is now on course for the market to see it as well.”

Following the previously-announced spin-out, Scryb owns approximately 65 per cent of the cybersecurity company, Cybeats will continue to be a dedicated supporter of its future growth and innovations.

Cybeats is a supply chain intelligence technology provider helping organizations manage risk, meet compliance and secure software from procurement to development to operations. Scryb offers a cloud-based platform to power businesses and technologies with applied intelligence, real-time analytics and actionable insights.

Scryb Inc. (SCYB) is unchanged on the day, trading at C$0.105.

Cybeats Technologies Corp. (CYBT) is currently trading at C$1.25.


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