VANCOUVER, BC and SAN DIEGO, Nov. 29, 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 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“), will be filed by December 27, 2023, instead of the filing deadline of November 28, 2023 (the “Filing Deadline“).

The unforeseen delay is 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 are working diligently with its auditors and the Company anticipates that it will file the Annual Financial Filings by December 27, 2023.

Pursuant to National Policy 12-203 Management Cease Trade Orders (“NP 12-203“), the Company 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 security holders will 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Until the Annual Financial Filings are filed and the MCTO has been revoked, the Company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing status reports in the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