09:50:54 EST Mon 19 Jan 2026
Enter Symbol
or Name
USA
CA



Cybeats Technologies Corp. - Common Shares
Symbol CYBT
Shares Issued 204,880,745
Close 2026-01-16 C$ 0.16
Market Cap C$ 32,780,919
Recent Sedar+ Documents

ORIGINAL: Cybeats Technologies Corp. Announces Grant of Stock Options

2026-01-19 07:01 ET - News Release

Toronto, Ontario--(Newsfile Corp. - January 19, 2026) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats" or the "Company"), a leading provider of software supply-chain security and SBOM management solutions, today announces the granting of 12,950,000 stock options (the "Options") under the terms of the Company's Omnibus Long-Term Incentive Plan to various employees, directors, officers and consultants of the Company. Each Option is exercisable at a price of $0.16 for one common share of the Company (each a "Common Share") for a period of five years from the date of grant. The Options, and any Common Shares issued upon exercise of the Options, are subject to a four-month and one day resale restriction from the date of grant under applicable securities laws and the policies of the Canadian Securities Exchange.

The Company also announces that it has renewed its engagement with Sophic Capital Inc. ("Sophic Capital") as its investor relations partner under a new agreement dated January 19, 2026. Sophic Capital is a comprehensive capital markets advisory firm specializing in small-cap growth companies.

Pursuant to the agreement between the Company and Sophic Capital (the "Agreement"), Sophic will receive $8,000 per month for a term of 12 months. In addition, Cybeats has granted the firm options to purchase up to 1,250,000 common shares at a price of $0.16 per share. The options vest quarterly in four equal tranches of 312,500 and expire on the earlier of (i) 90 days after the termination of the engagement, or (ii) January 16, 2031. The options are governed by the provisions of Cybeats' stock option plan and the policies of the Canadian Securities Exchange (CSE).

The grant of options to certain directors and officers is a "related party transaction" ‎under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special ‎Transactions ("MI 61-101"). The Company relied on the exemptions from the formal valuation and minority ‎shareholder approval requirements of MI 61-101 contained in Sections 5.5(a) and 5.7(1)(a) of MI ‎‎61-101 in respect of related party matters, as the Company is listed on the Canadian Securities Exchange and neither the fair ‎market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of ‎the consideration for, the transaction, insofar as it involves the related parties, exceeded 25% of the ‎Company's market capitalization (as determined under MI 61-101).‎

Board of Directors Update

The Company also announces that Mr. Medhanie Tekeste has resigned from the Board of Directors of Cybeats, effective January 12, 2026. The Company thanks Mr. Tekeste for his service and contributions.

About Cybeats SBOM Studio

Cybeats SBOM Studio is the management solution for your software security lifecycle. SBOM Studio is an enterprise-class solution that helps our customers understand and track third-party components that are an integral part of their own software. Use SBOM Studio to map what you have and where it came from, and plan maintenance to prevent degradation of your software's security posture over its lifecycle. Features include:

  • Quality Analysis & Auto-Correction of Data: AI-Driven SBOM Enrichment automates software transparency, making SBOMs more structured, actionable, and machine-readable. Reclassify software components and applications for accuracy, verification, and enhanced usability.
  • Real-Time Vulnerability Monitoring: Continuous tracking of security risks from discovery to resolution, enhancing software supply chain resilience.
  • Regulatory Compliance & Secure Distribution: Streamlines adherence to cybersecurity mandates, simplifies audits, ensures structured data management, and enables secure SBOM sharing across stakeholders.
  • Scalable Enterprise Deployment: Support seamless integration across multi-tenant environments and complex supply chains, improving visibility from procurement to deployment.
  • Enhanced Security & Asset Visibility: Provides a structured way to ingest machine-readable SBOMs, strengthening software risk assessment for critical infrastructure across the energy, healthcare, telecom, automotive, and defense sectors.

Contact:
Justin Leger, CEO
Phone: 1-888-713-SBOM (7266)
Email: ir@cybeats.com

Sean Peasgood, Investor Relations
Phone: (905) 667-6761
Email: Sean@SophicCapital.com

Forward-looking Information Cautionary Statement

This press release contains statements which constitute "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future activities. Forward‐looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) statements regarding the future direction of the Company (ii) the ability of the Company to successfully achieve its business and financial objectives, and (iii) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward‐looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of the Company's products; decreases in the prevailing prices for the Company's products; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; and other risks described in the Company's public disclosure documents filed on SEDAR+ at www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward‐looking information except as otherwise required by applicable law.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280767

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