Scryb Announces Upsize of Private Placement Following Strong Investor Demand

Core Viewpoint - Scryb Inc. is increasing its non-brokered private placement to $1,500,000 due to strong investor demand, offering 15,000,000 units at a price of $0.10 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at $0.18 for eighteen months post-closing [2]. - The proceeds from the offering will be used for general working capital purposes, and the securities will be subject to a hold period of four months plus one day from the closing date [3]. Group 2: Finder's Fees - The company may pay a cash finder's fee of up to 7% of the gross proceeds to registered finders and issue finder's warrants equal to up to 7% of the units sourced by the finder, with each finder's warrant allowing the purchase of one common share at an exercise price of CAD$0.18 for eighteen months [4]. Group 3: Company Overview - Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector [5].