VANCOUVER, BC and SAN DIEGO, Aug. 25, 2023 /CNW/ -- CyberCatch Holdings, Inc. ("CyberCatch" or the "Company") (TSXV: CYBE), an innovative cybersecurity company offering an artificial intelligence ("AI") enabled platform solution for continuous compliance and cyber risk mitigation, announces that it proposes to extend the expiry date of 3,220,000 outstanding common share purchase warrants of the Company (the "Warrants").
These Warrants were assumed by the Company following the completion of its qualifying transaction on April 13, 2023. Each Warrant entitles the holder to purchase one common share of the Company (a "Warrant Share") at a price of $0.50 per Warrant Share for a period of two (2) years from the date of issuance. No Warrants have been exercised to date or are held by insiders of the Company.
Subject to approval of the TSX Venture Exchange, the expiration of these Warrants will be extended from September 10, 2023 to September 10, 2024. All other terms of the Warrants remain unchanged and in full force and effect.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV:CYBE) is a cybersecurity company that provides a proprietary, artificial intelligence-enabled (AI) Software-as-a-Service (SaaS) solution that enables continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
John Martin, Investor Relations Manager
Phone: 1-866-753-2923
Email: info@cybercatch.com
SOURCE CyberCatch
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