STOCK TITAN

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

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

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.

Cytta Corp (OTC:CYCA) ha annunciato diversi sviluppi significativi, tra cui la presentazione riuscita del loro 10-Q al 31 marzo 2025 e il 10-Q rettificato al 31 dicembre 2024. L'azienda ha riferito che le sue partecipazioni in titoli negoziabili in Reticulate Micro/RMX Industries sono aumentate a oltre 13 milioni di dollari, rispetto ai 6,4 milioni al 31 marzo 2025. L'azienda ha svelato piani per IGAN Corp, la loro seconda spinout importante, focalizzata su soluzioni di streaming in tempo reale e collaborazione per applicazioni di forze dell'ordine e militari. Inoltre, Cytta ha annunciato un programma di riacquisto azioni da 3 milioni di dollari da finanziare tramite la vendita di titoli di terze parti. Attraverso la loro controllata Cytta Labs, l'azienda continua a sviluppare un modello di spinout che mantiene una notevole partecipazione azionaria nelle imprese creando al contempo flussi ricorrenti di titoli negoziabili e interessi su royalties.

Cytta Corp (OTC:CYCA) anunció varios desarrollos significativos, incluida la presentación exitosa de su 10-Q correspondiente al 31 de marzo de 2025 y el 10-Q corregido correspondiente al 31 de diciembre de 2024. La empresa informó que sus participaciones en valores negociables en Reticulate Micro/RMX Industries han aumentado a más de 13 millones de dólares, desde 6,4 millones de dólares al 31 de marzo de 2025. La empresa dio a conocer planes para IGAN Corp, su segunda spinout importante, centrada en soluciones de transmisión en tiempo real y colaboración para aplicaciones de policías y militares. Además, Cytta anunció un programa de recompra de acciones por 3 millones de dólares para ser financiado mediante la venta de valores de terceros. A través de su filial Cytta Labs, la empresa continúa desarrollando un modelo de spinout que mantiene una participación accionaria significativa en las empresas, al mismo tiempo que crea flujos recurrentes de valores negociables y derechos de regalías.

Cytta Corp (OTC:CYCA)은 2025년 3월 31일자 10-Q 및 수정된 2024년 12월 31일자 10-Q의 성공적인 제출을 포함한 여러 중요한 발전을 발표했습니다. 회사는 Reticulate Micro/RMX Industries에서의 매매가능 증권 보유가 1300만 달러를 넘어 증가했다고 보고했으며, 2025년 3월 31일 기준 640만 달러에서 상승했습니다. 또한 법집행 및 군용 응용 분야를 위한 실시간 스트리밍 및 협업 솔루션에 초점을 맞춘 두 번째 주요 분사인 IGAN Corp의 계획을 공개했습니다. 더불어 제3자 증권 매각으로 자금을 조달하는 300만 달러의 자사주 매입 프로그램를 발표했습니다. Cytta Labs 자회사를 통해 회사는 벤처에 대한 상당한 지분을 유지하면서도 거래 가능한 증권 및 로열티 이익의 반복적인 흐름을 창출하는 spinout 모델을 계속 개발하고 있습니다.

Cytta Corp (OTC:CYCA) a annoncé plusieurs développements importants, notamment le dépôt réussi de leur 10-Q au 31 mars 2025 et le 10-Q rectifié au 31 décembre 2024. L'entreprise a indiqué que ses participations en valeurs mobilières négociables dans Reticulate Micro/RMX Industries ont augmenté à plus de 13 millions de dollars, contre 6,4 millions au 31 mars 2025. L'entreprise a dévoilé des plans pour IGAN Corp, leur deuxième spin-out majeure, axée sur des solutions de diffusion en temps réel et de collaboration pour des applications de l'application de la loi et militaire. De plus, Cytta a annoncé un programme de rachat d'actions de 3 millions de dollars, financé par la vente de titres tiers. Via leur filiale Cytta Labs, l'entreprise continue de développer un modèle de spin-out qui conserve une participation importante dans les entreprises tout en créant des flux récurrents de valeurs mobilières et d'intérêts de redevances.

Cytta Corp (OTC:CYCA) kündigte mehrere bedeutende Entwicklungen an, darunter die erfolgreiche Einreichung des am 31. März 2025 fälligen 10-Q sowie des korrigierten 10-Q zum 31. Dezember 2024. Das Unternehmen berichtete, dass seine marktfähigen Wertpapierbestände bei Reticulate Micro/RMX Industries auf über 13 Millionen Dollar gestiegen sind, gegenüber 6,4 Millionen Dollar zum 31. März 2025. Das Unternehmen stellte Pläne für IGAN Corp vor, seine zweite bedeutende Spin-out, fokussiert auf Echtzeit-Streaming- und Kollaborationslösungen für Anwendungen der Strafverfolgung und des Militärs. Zusätzlich kündigte Cytta ein 3-Millionen-Dollar-Aktienrückkaufprogramm an, das durch den Verkauf von Wertpapieren Dritter finanziert wird. Über ihre Tochtergesellschaft Cytta Labs entwickelt das Unternehmen weiterhin ein Spin-out-Modell, das eine bedeutende Eigenkapitalbeteiligung an Unternehmen beibehält und gleichzeitig fortlaufende Erträge aus handelbaren Wertpapieren und Royalties generiert.

Cytta Corp (OTC:CYCA) أعلنت عن عدة تطورات مهمة، بما في ذلك تقديم تقرير 10-Q الخاص بهم حتى 31 مارس 2025 بنجاح وتقرير 10-Q المعدل حتى 31 ديسمبر 2024. ذكرت الشركة أن موجوداتها من الأوراق المالية القابلة للتداول في Reticulate Micro/RMX Industries ارتفعت إلى أكثر من 13 مليون دولار، مقارنة بـ 6.4 مليون دولار حتى 31 مارس 2025. كشفت الشركة عن خطط لـ IGAN Corp، وهي ثاني تقسيم رئيسي لهم، يركز على حلول البث في الوقت الحقيقي والتعاون من أجل تطبيقات إنفاذ القانون والجيش. بالإضافة إلى ذلك، أعلنت Cytta عن برنامج شراء أسهم بقيمة 3 ملايين دولار سيتم تمويله من خلال بيع أوراق مالية من طرف ثالث. من خلال شركة Cytta Labs التابعة، تواصل الشركة تطوير نموذج spinout يحافظ على ملكية كبيرة في الشركات مع خلق تدفقات مستمرة من الأوراق المالية القابلة للتداول ومصالح حقوق الملكية.

Cytta Corp (OTC:CYCA) 公布了若干重大进展,包括成功提交至2025年3月31日的10-Q以及修订后的2024年12月31日的10-Q。公司报告称,其在 Reticulate Micro/RMX Industries 的可交易证券持有额已增至超过 1300万美元,较2025年3月31日的640万美元有所增加。公司揭露了 IGAN Corp 的计划,这是他们的第二个主要分拆,专注于用于执法和军事应用的实时流媒体与协作解决方案。此外,Cytta 还宣布了一项 300万美元的股票回购计划,将通过出售第三方证券来融资。通过其 Cytta Labs 子公司,公司继续发展一个 spinout 模型,在 ventures 保持显著股权的同时,创造可交易证券和特许权收益的持续流。

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.
Cytta Corp

OTC:CYCA

CYCA Rankings

CYCA Latest News

CYCA Stock Data

94.05k
338.98M
27.91%
Software - Application
Technology
Link
United States
Las Vegas