Scryb Reports Financial Results for Q1 2025
Toronto, Ontario--(Newsfile Corp. - March 4, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company") announced it has filed financial results for its first quarter ended December 31, 2024 ("Q1 2025"). Q1 2025 Financial HighlightsTotal Assets: $13.5 million, a 54% increase from $8.8 million in the previous quarterInvestment in Cybeats Technologies Corp.: Scryb holds approximately 63 million shares, representing ~49% of Cybeats' outstanding sharesCybeats Accounting Separation: Reported a $9.3 million gain due to a change of accounting for Cybeats,...
2025-03-04 8:00 AM EST
Scryb Increases its Ownership Position in Cybeats with a $500,000 Investment, and Open-Market Share Purchases
Toronto, Ontario--(Newsfile Corp. - February 24, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company") is pleased to provide an update on its continued investment and support of Cybeats Technologies Corp. ("Cybeats"), a leading cybersecurity company.Scryb invested $500,000 in Cybeats' private placement on November 28, 2024 at $0.16 per share and has since increased its position through open-market purchases, acquiring over 300,000 common shares in the month of February 2025. This strategic approach reinforces Scryb's confidence in Cybeats' long-term...
2025-02-24 7:00 AM EST
Scryb Secures Over $1.1M in Convertible Debenture Financing, Led by Plaza Capital
Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), announces that, further to its press release of January 5, 2025, it has successfully completed a non-brokered private placement offering of secured convertible debentures (the "Debentures") on Friday January 31, 2025, for gross proceeds of $1,175,300 (the "Offering").The Debentures bear interest at an annual rate of 12% and the outstanding principal and interest can be converted into common shares...
2025-02-03 7:00 AM EST
Scryb Announces Non-Brokered Private Placement of Secured Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - January 5, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb" or the "Company"), is pleased to announce its intention to complete a non-brokered private placement offering of secured convertible debentures (the "Debentures") for gross proceeds of up to $2,000,000 (the "Offering").The Debentures will bear interest at an annual rate of 12% and the outstanding principal and interest can be converted into common shares of the Company (the "Shares") at a conversion price of $0.05 per Share. The Debentures will...
2025-01-05 9:02 PM EST
Scryb Announces Sale of its Joint Venture Interest in Fionet Rapid Response Group for CAD$3.5 million plus a Royalty
Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce that on December 6, 2024, it completed a transaction (the "Transaction") to sell its joint venture interest in Fionet Rapid Response Group Inc. ("FRR Group") to a private corporate development company ("Acquirer").FRR Group is a recognized developer and marketer of a mobile software platform for delivering primary healthcare at the community level. FRR Group's technology is developed and now...
2024-12-09 7:00 AM EST
Scryb Launches New AI Governance Technology Business Unit, 'Raidian'
Toronto, Ontario--(Newsfile Corp. - December 8, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), is pleased to announce the launch of Raidian, a newly formed business unit delivering AI governance and compliance solutions for enterprises.Radian empowers businesses with software to manage AI risks, streamline compliance efforts, and unlock operational efficiencies, enabling them to deploy AI with confidence in highly regulated and complex environments. With the growing demand for businesses to manage AI risks and comply with...
2024-12-08 11:58 AM EST
Scryb Announces Closing of Offering
Toronto, Ontario--(Newsfile Corp. - November 6, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), announces that, further to its press releases of August 6, 2024 and September 23, 2024, it has successfully completed its non-brokered private placement financing through the issuance of 29,696,000 units (each, a "Unit") at a price of $0.025 per Unit for gross proceeds of $742,400 (the "Offering").Each Unit was comprised of one common share in the capital of the Company...
2024-11-06 5:05 PM EST
Scryb Announces Extension to Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), announces that, further to its press release of August 6, 2024, it has extended its non-brokered private placement financing for gross proceeds of up to $1,000,000 through the issuance of up to 40,000,000 units in the capital of the Company (the "Units") at a price of $0.025 per Unit (the "Offering") until November 7, 2024. Each Unit shall be...
2024-09-23 9:47 PM EDT
Scryb Announces Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - August 6, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,000,000 through the issuance of up to 40,000,000 units in the capital of the Company (the "Units") at a price of $0.025 per Unit (the "Offering"). Each Unit shall be comprised of one common share in the capital of the...
2024-08-06 8:05 PM EDT
Scryb Appoints Michael Kitchen, Banking and Technology Leader, to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - June 28, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce the appointment of Michael Kitchen as a new independent director to the Board of Directors, effective June 26, 2024.With over 25 years of experience in executive and leadership roles, including at BMO Financial Group1, Mr. Kitchen is an accomplished builder of successful cultures and companies, bringing a track record of driving revenue growth, business expansion...
2024-06-28 7:15 PM EDT
Scryb Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - June 5, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of up to $1,000,000 through the issuance of up to 40,000,000 units in the capital of the Company (the "Units") at a price of $0.025 per Unit (the "Offering"). Each Unit shall be comprised of one common share in the capital of the Company (each, a "Common...
2024-06-05 9:03 PM EDT
Scryb Applauds New Bipartisan $32B Roadmap for AI Policy from U.S. Senate; Driving the Market for Scryb's AI Compliance Solution
Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) (Scryb'' or the "Company") is pleased to share that after several months of anticipation the U.S. Senate has released a $32 Billion "Bipartisan Roadmap for AI Policy'' highlighting the support and critical need for AI regulation and governance solutions to catch up to industry. These developments further validate the expanding market opportunity and Scryb's focus in providing robust AI governance solutions to industry, and mark...
2024-06-03 8:55 AM EDT
Scryb Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - May 31, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), is pleased to announce that, further to its press releases of April 1, 2024 and May 9, 2024, the Company has completed its previously announced non-brokered private placement financing through the issuance of 33,874,800 units in the capital of the Company (the "Units") at a price of $0.025 per Unit for gross proceeds of $846,870 (the "Offering").Each Unit was comprised of...
2024-05-31 7:05 PM EDT
Scryb Announces Private Placement Extension
Toronto, Ontario--(Newsfile Corp. - May 9, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), is pleased to announce that, further to its press release of April 1, 2024, the Company's non-brokered private placement financing for gross proceeds of up to $1,500,000 through the issuance of up to 60,000,000 units in the capital of the Company (the "Units") at a price of $0.025 per Unit (the "Offering"), has been extended to May 31, 2024.Each Unit shall...
2024-05-09 12:58 PM EDT
Scryb Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - April 1, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company"), is pleased to announce a non-brokered private placement financing for gross proceeds of up to $1,500,000 through the issuance of up to 60,000,000 units in the capital of the Company (the "Units") at a price of $0.025 per Unit (the "Offering"). Each Unit shall be comprised of one common share in the capital of the Company (each, a "Common Share") and...
2024-04-01 5:30 PM EDT
Scryb Appoints Yoav Raiter, CEO, to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 10, 2024) - Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce the appointment of Yoav Raiter to its Board of Directors, effective immediately. Yoav remains the Chief Executive Officer of Scryb.In addition, the Company would like to announce that Mr. Medhanie Tekeste has resigned as a Director of Scryb. The Company wishes to thank Mr. Tekeste for his valuable contribution to the Company and wishes him...
2024-03-10 9:02 PM EDT
Scryb Announces Development of New Enterprise AI Venture
Toronto, Ontario--(Newsfile Corp. - February 14, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce the development of a new Artificial Intelligence (AI) software product, to enhance AI safety and trustworthiness for enterprises that are managing multiple AI systems, and provide management tools for compliance with impending AI regulation.The new AI product will provide organizations with proactive tools for compliance with AI regulation, such as those from NIST[1] and very recently, the EU...
2024-02-14 8:30 AM EST
Scryb Announces Late Filing
Toronto, Ontario--(Newsfile Corp. - February 5, 2024) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") announces that on Friday, February 2, 2024, the Ontario Securities Commission (the "OSC") issued a failure to file cease trade order against the Company in respect of the Company's securities under Multilateral Instrument 11-103 - Failure-to-File Cease Trade Orders in Multiple Jurisdictions (the "CTO"). The Company has since rectified the deficiency by filing its Audited Annual Financial Statements on Sunday, February 4,...
2024-02-05 11:57 AM EST
Scryb Announces Closing of Private Placement For Gross Proceeds of Over $2 Million
Toronto, Ontario--(Newsfile Corp. - May 10, 2023) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce that further to its press release of March 20, 2023, the Company has completed the second and final tranche of its previously announced non-brokered private placement (the "Offering") through the issuance of 6,765,000 units ("Units") of the Company at a price of $0.125 per Unit for gross proceeds of 845,625. In total, an aggregate of 17,320,000...
2023-05-10 6:19 PM EDT
Scryb Announces Private Placement and Closing of First Tranche
Toronto, Ontario--(Newsfile Corp. - March 20, 2023) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to announce that the Company intends to complete a non-brokered financing of up to 40,000,000 units (each, a "Unit") in the capital of the Company at a price of $0.125 per Unit for gross proceeds of up to $5,000,000. Each Unit is comprised of: (i) one common share in the capital of the Company (each a "Common Share");...
2023-03-20 5:50 PM EDT