CEO Letter to Shareholders and Investors Announcing 10Q filings, Marketable Security Holdings value update and Launch of IGAN Corp. spinout

Rhea-AI Summary

Cytta Corp (OTC:CYCA) announced several significant developments, including the successful filing of their March 31, 2025 10-Q and restated December 31, 2024 10-Q. The company reported that its marketable security holdings in Reticulate Micro/RMX Industries have increased to over $13 million, up from $6.4 million as of March 31, 2025.

The company unveiled plans for IGAN Corp, their second major spinout, focused on real-time streaming and collaboration solutions for law enforcement and military applications. Additionally, Cytta announced a $3 million share buyback program to be funded through the sale of third-party securities.

Through their Cytta Labs subsidiary, the company continues to develop a spinout model that maintains significant equity ownership in ventures while creating recurring streams of marketable securities and royalty interests.

Positive

• Marketable security holdings value increased to over $13 million from $6.4 million
• Resolution of audit issues and successful filing of delayed 10-Q reports
• Expected return to OTCQB trading
• Announcement of $3 million share buyback program
• Development of new revenue streams through spinout model and royalty interests

Negative

• Previous trading suspension and audit challenges
• Current trading limited to Expert Market
• Dependence on third-party security sales for buyback funding

Cytta's marketable security holdings current market value now exceeds $13 million dollars

LAS VEGAS, NEVADA / ACCESS Newswire / October 1, 2025 / Cytta Corp. (OTC:ExpertMarket:CYCA), It is a great pleasure to report that Cytta's auditing and accounting challenges have now been fully resolved. With the support of our new Auditors, we have successfully filed both the March 31, 2025, 10-Q and the restated December 31, 2024 10-Q, which had been delayed due to the Auditor transition. As a result, we expect OTC Markets to complete the process to allow Cytta stock to promptly return to the OTCQB, where normal trading will resume.

The most exciting development in the March 31, 2025, filing is that we are now able to report that our Reticulate Micro/RMX Industries (RM) shareholding as marketable securities under Current Assets on our Balance Sheet. At March 31, 2025, the value of Cytta's RM securities was $6.4 million. Even more encouraging, the current market value of Cytta's RM holdings has since increased to over $13 million, while RM itself now carries a market capitalization of over $120 million.

IGAN Corp. is Cytta's second major spinout, built to deliver real-time streaming, communication, and collaboration at scale for law enforcement, military and defense, education, and private networks. Recent tragic events underscore the urgent need for such solutions-technologies that allow first responders and organizations to instantly share live drone feeds, video, voice, and data in one secure ecosystem. Originally created to enhance situational awareness, IGAN Corp. is now advancing into a comprehensive Threat Identification, Surveillance, and Response (TISR) system, engineered to military specifications and designed to protect communities, institutions, governments and the military at the highest levels of security.

Cytta Labs is the engine behind this spinout model. As a wholly owned subsidiary of Cytta Corp. Cytta Labs identifies, structures, and accelerates breakthrough technologies, preparing them for independent financing and public listing. By channeling innovation through Cytta Labs, we are able to create subsidiaries like IGAN Corp., while ensuring that Cytta Corp.. retains significant equity ownership in each venture. This structure provides recurring streams of marketable securities and royalty interests, transforming Cytta into a scalable platform for exponential value creation.

In parallel, we are expanding Cytta Labs' incubator pipeline, identifying several highly promising companies with technologies that support or complement IGAN Corp's mission. We will begin introducing these companies soon, as discussions regarding their integration are already underway. In this way, Cytta is steadily evolving into a marketable equity and royalty holding company, positioned to significantly increase long-term shareholder value.

We are also strengthening our Board of Advisors by bringing in seasoned executives who can accelerate IGAN Corp.'s growth and guide future spinouts. Many of these advisors are also candidates to join IGAN's management team, ensuring expert execution from day one.

To further align shareholder interests, the Board of Directors has authorized a $3 million dollar share buyback program, funded through sales of third-party securities currently held by Cytta. This initiative ensures that our shareholders will continue to benefit from and directly participate in the significant equity gains generated by our spinouts.

Cytta's progress over the past quarter marks a turning point. With audit issues behind us, our innovative spinout model validated, and our focus squarely on delivering solutions to meet today's most urgent security challenges, we are now entering a phase of rapid growth, expanding opportunity, and lasting value creation.

We thank you for your continued trust and support as we execute on this vision.

About Cytta Corp.

Cytta Corp is a pioneering technology company specializing in developing and commercializing cutting-edge safety and security solutions, including CyttaCOMMS and CyttaCARES. Cytta's proprietary innovations redefine real-time intelligence, data security, and mission-critical communications for industries spanning defense, public safety, critical infrastructure, and enterprise operations. Cytta Corp. has now created Cytta Labs to accelerate its technologies by creating Special Purpose Vehicles as spinouts to rapidly develop and monetize technologies.

Cytta Labs is the engine behind this spinout model. As a wholly owned subsidiary of Cytta Corp., Cytta Labs identifies, structures, and accelerates breakthrough technologies, preparing them for independent financing and public listing. By channeling innovation through Cytta Labs, we are able to create subsidiaries like IGAN Corp. while ensuring that Cytta Corp.. retains significant equity ownership in each venture. This structure provides recurring streams of marketable securities and royalty interests, transforming Cytta into a scalable platform for exponential value creation.

For Cytta Corp:

Cytta Corp
Direct: +1 415-301-6644
Website: www.cytta.com
Email: info@cytta.com

SOURCE: Cytta Corp.

View the original press release on ACCESS Newswire

FAQ

What is the current value of Cytta Corp's (CYCA) marketable security holdings?

Cytta Corp's marketable security holdings in Reticulate Micro/RMX Industries have increased to over $13 million, up from $6.4 million as of March 31, 2025.

What is IGAN Corp and how does it fit into Cytta's business model?

IGAN Corp is Cytta's second major spinout, focusing on real-time streaming and collaboration solutions for law enforcement and military applications. It's being developed as a comprehensive Threat Identification, Surveillance, and Response (TISR) system.

How much is Cytta's (CYCA) share buyback program worth?

Cytta Corp announced a $3 million share buyback program, which will be funded through sales of third-party securities currently held by the company.

What are the recent regulatory developments for Cytta Corp (CYCA)?

Cytta has successfully filed both the March 31, 2025 10-Q and restated December 31, 2024 10-Q, resolving their auditing challenges. The company expects to return to OTCQB trading soon.

How does Cytta Labs contribute to the company's business strategy?

Cytta Labs, a wholly owned subsidiary, acts as an incubator that identifies, structures, and accelerates breakthrough technologies for independent financing and public listing, while maintaining significant equity ownership and creating recurring streams of marketable securities and royalty interests.