Cybeats and Scryb Announce Debt Settlement Agreement

Core Viewpoint - Cybeats Technologies Corp. and Scryb Inc. have entered into a debt settlement agreement to settle a secured debenture of $1,200,000 through the issuance of 10,000,000 common shares at a deemed price of $0.12 per share, aimed at improving Cybeats' financial position for future growth [1][2]. Group 1: Debt Settlement Details - The debt settlement agreement is dated December 30, 2025, and involves the issuance of 10,000,000 common shares of Cybeats at a price of $0.12 per share [1]. - The debt settlement is subject to acceptance for filing by the Canadian Securities Exchange, and the issued shares will be subject to a four-month and one-day hold [2]. - The transaction is classified as a "related party transaction" since Scryb is a control person of Cybeats, and the companies will rely on exemptions from certain requirements under Multilateral Instrument 61-101 [3]. Group 2: Company Backgrounds - Cybeats Technologies Corp. specializes in cybersecurity, providing Software Bill of Material (SBOM) management and software supply chain intelligence technology to help organizations manage risk and comply with regulations [5]. - Scryb Inc. invests in and supports a portfolio of innovative ventures in the technology sector [6].