sur Cypher Metaverse Inc. (CVE:CODE)
Cypher Metaverse Inc. Completes Private Placement
On April 30, 2026, Cypher Metaverse Inc. successfully closed its previously announced private placement, raising $284,399 through subscription of 861,815 units at $0.33 each. Each unit comprises one common share and one warrant, allowing the holder to purchase an additional share at $0.45 within two years. The company may accelerate the warrant expiry if the shares trade at $0.65 for 10 consecutive days.
The funds will support general corporate operations and advance Cypher's acquisition of Noninvasix Inc. The units are subject to a hold period of four months and one day. Additionally, finder's fees of $19,847.82 were paid, alongside 60,145 broker warrants under similar terms.
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R. P.
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