Yahoo Finance CyberCatch Corporate Announcement
VANCOUVER, BC and SAN DIEGO, Dec. 13, 2023 /PRNewswire/ -- 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 the Company and its auditors continue to work diligently toward completing the filing of its audited annual financial statements for the year ended July 31, 2023, including the related management discussion and analysis, and Chief Executive Officer and Chief Financial Officer certifications (collectively, the "Annual Financial Filings"), and anticipates that it will file the Annual Financial Filings by December 27, 2023.
As previously announced on November 29, 2023, the unforeseen delay was due to limited audit resources and auditors requiring additional time to review the recently completed reverse takeover with Hopefield Ventures and currency items due to the parent being in Canada and subsidiary being in the United States of America. The Company's staff continue to work diligently with its auditors and the Company expects to file no later than December 27, 2023.
Also as previously announced on November 29, 2023, pursuant to National Policy 12-203 Management Cease Trade Orders ("NP 12-203"), the Company had voluntarily applied to the applicable securities regulatory authorities and received approval for a management cease trade order ("MCTO") and extension of Annual Financial Filing, under which the Chief Executive Officer and Chief Financial Officer of the Company will be restricted from trading securities of the Company until the Annual Financial Filings are filed.
All other securityholders are still be able to trade in the securities of the Company in accordance with applicable securities laws.
Until the Annual Financial Filings are filed and the MCTO has been revoked, the Company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing status reports in the form of further press releases every two weeks.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV:CYBE) is a cybersecurity company that provides a proprietary, AI-enabled 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:
Investor Relations
Phone: 1-866-753-2923
Email: info@cybercatch.com
SOURCE CyberCatch
