Scryb Highlights New U.S. Institutional Fund Investment in Cybeats; Strengthens Long-Term Outlook
Rhea-AI Summary
Scryb (CSE: SCYB) highlighted the closing of a $1.44 million private placement by U.S.-based IFCM MicroCap Fund LP into Cybeats Technologies on November 17, 2025. IFCM was the sole participant and established an approximate 6% equity position in Cybeats, expanding the company's U.S. institutional shareholder base.
Scryb remains the largest institutional shareholder in Cybeats, holding approximately 75 million common shares (about 37% of outstanding shares), a position valued at roughly $12 million based on the closing price on November 14, 2025. Management said they expect continued institutional interest as Cybeats advances toward profitability and scales operations.
Positive
- IFCM invested $1.44 million via private placement
- IFCM established an approximate 6% equity stake
- Scryb holds ~75 million Cybeats shares (~37%)
- Scryb position valued at ~$12 million (Nov 14, 2025)
Negative
- None.
News Market Reaction
On the day this news was published, SCYRF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - November 17, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company"), is pleased to highlight the closing of an investment by U.S.-based IFCM MicroCap Fund LP, managed by Intelligent Fanatics Capital Management, into Cybeats Technologies Corp. ("Cybeats"). The investment fund was the sole participant in this
Scryb maintains its position as the largest institutional shareholder of Cybeats and currently holds approximately 75 million common shares, representing roughly
"With IFCM joining the shareholder base, Cybeats has expanded its institutional footprint across both Canada and the United States," said Daniel Proska, President of Scryb. "We expect continued institutional interest in 2026 as Cybeats advances toward profitability and scales its operations across both enterprise and government sectors."
"Scryb continues to support the vision and long-term growth strategy of Cybeats," said James Van Staveren, CEO of Scryb. "The participation of a respected U.S. fund such as IFCM highlights the growing recognition of Cybeats' leadership in software supply chain security. Scryb continues to evaluate opportunities to further strengthen its position as a long-term shareholder."
Scryb maintains a long-term investment perspective on Cybeats and remains aligned with its mission to strengthen its presence across critical industries. The Company believes the market for software supply chain intelligence and SBOM management solutions are entering a period of accelerating industry adoption.
About Scryb
Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector.
Contact:
James Van Staveren, CEO
Phone: 647-847-5543
Email: info@scryb.ai
Forward-looking Information Cautionary Statement
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information relating to, among other things, the proposed Offering, including the terms and completion thereof. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, included in this press release, the assumption that the Canadian Securities Exchange will not object to the proposed Offering and that the Offering will be completed as currently anticipated. Although such statements are based on reasonable assumptions of the Company's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, that the Canadian Securities Exchange may object to the proposed Consolidation and use its discretion to prohibit the proposed Consolidation; that the Consolidation may not be completed by the Company; and that the board of directors of the Company retains discretion over the terms and implementation of the Consolidation. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274746
FAQ
What did Scryb announce on November 17, 2025 about Cybeats (SCYB)?
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What stake does Scryb hold in Cybeats and what is its approximate market value?
Who was the sole participant in the Cybeats private placement mentioned by Scryb?
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