CYBER1 signs Sale and Purchase Agreements for acquisitions of 50 % of Cyber Security South Africa and Cyber Security Africa Distribution
CYBER1 acquires 50% of Cyber Security South Africa (“CSSA”) and Cyber Security Africa Distribution (“CSAD”). Both CSSA and CSAD are prominent cyber security providers within Africa, with a complementing vendor portfolio, technical expertise and management with leading cyber security capabilities. Combined CSSA and CSAD revenues in 2020 were EUR 7.92m Total consideration for 50 % […]
Cyber 1 carries out a fully guaranteed rights issue of units of approximately EUR 1.774 million
Cyber Security 1 AB (publ), reg.no. 556135–4811 (“Cyber 1” or the “Company”), which is listed on Nasdaq First North Growth Market (“Nasdaq First North”), has today, subject to approval by the Annual General Meeting (“AGM”), resolved to carry out an issue of shares and warrants (“Units”) with preferential rights for existing shareholders of approximately EUR […]
CYBER1 turns a profit in Q1 as it continues to build margin growth and streamline operations
Stockholm, Sweden– 21 May 2021 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1), an international leader in Cyber Security services today announces its Q1 2021 report, recording 7.93m EUR in revenue for the period, combined with an EBITDA profit of 252k EUR. Group Performance Group Gross margin has increased year […]
CYBER1 Secures Operating Capital Of €500,000 From Shareholders
Stockholm, Sweden– 17th May 2021 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured operating capital towards the ongoing restructuring process. The loan, of in total €500,000, to the Company is undertaken by existing shareholders, Marlo Finance B.V., KAV Invest Holding AG, JFG Capital B.V. […]
CYBER1 Confirms Composition Hearing Date
Stockholm, Sweden– 12th May 2021 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has received confirmation from the Stockholm District Court on the date of the composition hearing, set for the 7th of June, 2021. Following the Company’s press release on 11th May 2021 informing on […]
CYBER1 applies for composition hearings and outlines initial process for a rights issue and the exiting of the reconstruction
Cyber Security 1 AB (publ), 556135–4811 (the “Company”) has today filed for composition hearings with the Stockholm District Court pursuant to the ongoing company reconstruction, with a proposal of a compulsory composition. The Company plans to carry out a rights issue as part of the initial steps for exiting the reconstruction process. The Company entered […]
CYBER1 Granted Extended Reconstruction Period
Stockholm District Court has today approved Cyber Security 1 AB’s (Publ) (Nasdaq First North: CYB1) application for an extension of the reconstruction period by three months. The Stockholm District Court’s decision has confirmed that the reconstruction may continue until the 12th of May, 2021. This is the last extension that is permitted under a formal […]
CYBER1 Q4 2020 Report: CYBER1 records 5% increase in Gross Margin for Q4 2020, laying a strong foundation for its growth strategy in 2021
Stockholm, Sweden– 26 February 2021 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1), an international leader in Cyber Security services today announces its Q4 2020 report, recording €5.74m EUR in revenue for the period. Group Performance Total Group revenue delivered by CYBER1 group during Q4 2020 was €5.74m. The total […]
CYBER1 revises publication date for the Q4 2020 report
Stockholm, Sweden– 16 February 2021 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) confirms that it has revised its publication date for the Q4 2020 report, to Friday the 26th of February 2021. The reason for the postponement of the publication of the Q4 2020 report, is due to the […]
Cyber Security 1 AB (Publ) (Nasdaq First North: CYB1) has today lodged an application for the extension of the Company’s reconstruction proceedings for an additional three months
The application to the Stockholm District Court, requests that the reconstruction may continue until May the 12th 2021. The district court may then decide that the reconstruction shall cease. This is the last extension that is permitted under a formal reconstruction process. The company has made positive progress during the reconstruction, through the appointment of […]
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