AI assistant
Cybeats Technologies Corp. — Capital/Financing Update 2025
Nov 18, 2025
46778_rns_2025-11-18_6ba7c1c2-d49e-4480-ba01-ce1c9b9025d3.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
FORM 51-102F3 MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Cybeats Technologies Corp. (the “Company”)
65 International Blvd, Suite 103
Etobicoke, Ontario M9W 6L9
Item 2 Date of Material Change
November 13, 2025
Item 3 News Releases
A news release was issued by the Company on November 13, 2025, in respect of the material change and was disseminated through the facilities of Newsfile and filed on SEDAR+.
Item 4 Summary of Material Changes
The Company announced that further to its press release dated November 6, 2025, it closed its previously announced non-brokered private placement with IFCM MicroCap Fund LP, issuing 12,000,000 common shares of the Company (each, a “Common Share”), at a price of C$0.12 per Common Share, for gross proceeds of C$1,440,000 (the “Private Placement”).
Item 5 Full Description of Material Changes
The Company closed its previously announced non-brokered private placement with IFCM MicroCap Fund LP, issuing 12,000,000 Common Shares of the Company at a price of C$0.12 per Common Share, for gross proceeds of C$1,440,000.
The Common Shares issued in respect of the Private Placement are subject to a hold period of four (4) months and a day from closing in accordance with the policies of the Canadian Securities Exchange. The Company intends to use the proceeds raised from the Private Placement for sales and marketing and general corporate purposes.
No finder’s fees or finder’s warrants were incurred or issued by the Company for the Private Placement.
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable.
Item 7 Omitted Information
Not applicable.
Item 8 Executive Officer
For further information, contact Justin Leger, Chief Executive Officer at 1-888-713-SBOM (7266).
Item 9 Date of Report
November 18, 2025
DISCLAIMER & READER ADVISORY
Except for statements of historic fact, this report contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this report contains forward-looking information relating to, among other things, the Company's expectations with respect to the use of proceeds and the use of the available funds following completion of the Private Placement. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. These risk factors are described in the Company's filings under the Company's SEDAR+ profile at www.sedarplus.ca. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements.