Scryb Stock Price, News & Analysis

Scryb Inc. (OTCQB: SCYRF; CSE: SCYB; FSE: EIY) is a technology-focused company that invests in and actively supports a growing portfolio of ventures across applied AI, digital health, cybersecurity, and biotech. According to its public disclosures, Scryb specializes in building and scaling technology ventures and positions itself as an investor and operator in high-upside technology businesses.

The company states that it invests in and supports a portfolio of innovative and high-upside ventures across the technology sector, with a particular emphasis on AI, biotech, digital health, and cybersecurity. Scryb’s approach, as described in its news releases, includes both capital investment and active support of its portfolio companies.

Business focus and portfolio

Scryb describes its core focus as building and scaling technology ventures in applied AI, digital health, cybersecurity, and biotech. Its portfolio includes Cybeats Technologies Corp., which Scryb identifies as a leading cybersecurity company in which it maintains a significant ownership stake, and an investment in Glow Lifetech Corp. Scryb has also referenced the launch of Raidian, an AI business designed to address AI regulations and support AI compliance, safety, and trust.

Public filings and news releases indicate that Scryb holds a substantial equity position in Cybeats Technologies Corp., and that Cybeats is a central asset within Scryb’s portfolio. Scryb has repeatedly highlighted its long-term investment perspective on Cybeats and its intention to support Cybeats’ growth through private placements, open-market share purchases, and debt settlements that are converted into equity.

Role as an investor and supporter

In multiple news releases, Scryb explains that it invests in portfolio companies and actively supports them. This includes providing capital through private placements and debt instruments, participating in debt settlements that convert into equity, and offering strategic and commercial support. For example, Scryb has reported:

• Investments in Cybeats through private placements and open-market share purchases.
• Participation in debt settlement transactions with Cybeats, receiving common shares in lieu of cash repayment under secured debentures.
• Ongoing evaluation of opportunities to strengthen its position as a long-term shareholder in Cybeats.

Scryb has also disclosed that it previously held an interest in the Fionet Rapid Response Group joint venture, described as a mobile healthcare software platform, and reported a gain on the sale of that stake. In addition, Scryb reports an investment in Glow Lifetech Corp., holding a meaningful equity position.

Cybeats Technologies Corp. as a key holding

Cybeats Technologies Corp. is repeatedly identified by Scryb as its largest or most significant holding. Scryb has disclosed that it maintains a large block of Cybeats common shares and common share purchase warrants. Over time, Scryb has reported changes in its percentage ownership of Cybeats as a result of dispositions, debt settlements, and Cybeats’ own financings.

According to early warning updates and financial reporting, Scryb has:

• Acquired Cybeats common shares through settlement of debt under secured debentures.
• Disposed of Cybeats shares through transactions on the Canadian Securities Exchange.
• Maintained a significant percentage of Cybeats’ issued and outstanding common shares on both an undiluted and partially diluted basis.

Scryb has highlighted Cybeats’ operational progress, including revenue growth, customer retention metrics, contract commitments, and multi-year agreements, based on Cybeats’ own public disclosures. Scryb presents these developments as part of its rationale for maintaining and, at times, increasing its ownership position.

Capital markets activity and share structure

Scryb’s news releases describe several corporate and capital markets actions. These include:

• Share consolidation: Scryb announced a proposed consolidation of its common shares on a ten-for-one basis and later announced the effective date of this consolidation. The company indicated that post-consolidation shares would continue to trade on the Canadian Securities Exchange under its existing name and trading symbol, subject to CSE approval.
• Convertible debentures and financings: Scryb has reported offerings of secured convertible debentures and other financings, including a financing round led by Plaza Capital. These financings are described as providing additional flexibility to support existing portfolio investments and pursue new opportunities.
• Stock options and incentive plans: Scryb has granted stock options to employees, directors, officers, and consultants under its Omnibus Long-Term Incentive Plan. These options have defined exercise prices, terms, and resale restrictions, and Scryb has noted reliance on exemptions under Multilateral Instrument 61-101 for insider participation.

Regulatory disclosures and early warning reports

Scryb has issued early warning news releases under Canadian securities regulations, specifically referencing Multilateral Instrument 62-104 and National Instrument 62-103. These releases provide details on Scryb’s acquisitions and dispositions of Cybeats securities, including:

• Number of Cybeats common shares acquired or disposed.
• Percentage ownership on an undiluted and partially diluted basis before and after transactions.
• Use of debt settlements to convert outstanding amounts under secured debentures into equity.

The company states that these transactions are undertaken for investment purposes and that, depending on market and other conditions, Scryb may increase or decrease its ownership of Cybeats securities through market transactions, private agreements, or other means.

Sector focus and technology orientation

Across its public communications, Scryb consistently describes its sector focus as applied AI, digital health, cybersecurity, and biotech. It characterizes its portfolio ventures as innovative and high-upside within the broader technology sector. The launch of Raidian, described as an AI business addressing AI regulations and AI risk management, reflects Scryb’s stated interest in AI-related opportunities and regulatory-driven technology themes.

Scryb also notes that its leadership has experience in scaling technology-driven companies, structuring strategic deals, and raising capital in public markets. This experience is presented as relevant to Scryb’s role in supporting portfolio companies and pursuing technology-focused investments.

Exchange listings and jurisdiction

Scryb’s news releases state that its common shares trade on the Canadian Securities Exchange under the symbol SCYB, on the OTC Pink/OTCQB markets under the symbol SCYRF, and on the Frankfurt Stock Exchange under the symbol EIY. The company issues its news releases from Toronto, Ontario, and references Canadian securities law instruments and the Canadian Securities Exchange in connection with its corporate actions and regulatory filings.

Risk and forward-looking information

Scryb’s disclosures include cautionary statements regarding forward-looking information. The company notes that statements about proposed share consolidations, financings, portfolio company performance, and other future events are subject to risks, uncertainties, and assumptions. It refers readers to its filings on SEDAR+ for additional risk disclosures and detailed financial information.

FAQs

The following frequently asked questions summarize key points about Scryb Inc. based on its public disclosures.