CYBER1 announces the outcome of the exercise of warrants of series TO1
Cyber Security 1 AB (“Cyber1” or “the Company”) today announces the outcome of the exercise of warrants of series TO1 (the “Warrants”). A total of 310,511,425 shares were subscribed for with the support of the Warrants, implying a utilization rate of approximately 85,8 percent. Total proceeds from the exercise of the Warrants of series TO1 […]
CYBER1 H1 Report 2022: CYBER1 Maintains Double Digit Revenue Growth
Stockholm, Sweden– 09 August 2022 – Cyber Security 1 AB recording €19.5m revenue in H1 2022 for the period, which is an increase of 22% compared to the same period last year. During the second quarter, the company reached the milestone of completing the commitments around the reconstruction process, following the settlement of the creditors […]
CYBER1: First day to subscribe for shares using the warrants of series TO1
Stockholm, Sweden– 25th July, 2022- During the third quarter of 2021, Cyber Security 1 AB (publ) (“CYBER1” or the “Company”) carried out a rights issue in the form of shares and free warrants. Those who subscribed for one share in the new share issue during the period 5 July 2021 to 19 July 2021 thus […]
CYBER1: Growing need for Cyber Security in the Middle East, with market estimated to double in the coming years
Digitisation in the Middle East has progressed, but this development also means increased risk exposure. The region has experienced a huge increase of cyber-attacks in recent years. The threat also rises as Europe shifts from Russia, as a supplier of oil and natural gas, to other nations. The heightened security threat means growth opportunities for […]
CYBER1 Formally Concludes Reconstruction Process, Following the Settlement Of Remaining Creditors Dividend
Stockholm, Sweden– 28th June 2022 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1), an international leader in Cyber Security has confirmed that it has formally completed the obligations under the reconstruction process. On June the 28th, 2021, the Stockholm District Court confirmed a compulsory composition agreement, entailing a 75 percent […]
CYBER1 Secures Operating Capital Of €3,500,000 From Shareholders For Next Stage Of Company’s Growth
Stockholm, Sweden– 10th June 2022 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured operating capital towards strategic growth initiatives of the Company, as well as relating to the conclusion of the reconstruction. Loan amount and availability The loan, of in total €3,500,000, to the […]
CYBER1 Fast growing Fintech companies need cybersecurity in Africa
Fintech and start-ups have been one of the fastest-growing industries in Africa over the last couple of years. Many businesses since the pandemic are adapting to the cloud and need cybersecurity solutions to be secure in this environment. CYBER1 has great potential in this area. Kenya, along with Nigeria and South Africa, is one of […]
Bulletin from the Annual General Meeting of Cyber Security 1 AB (publ)
The Annual General Meeting in Cyber Security 1 AB (publ), reg. no 556135–4811, was held on 25 May 2022. The general meeting was conducted without the physical presence of shareholders, representatives and third parties pursuant to temporary regulations and the shareholders were able to exercise their voting rights only by post before the general meeting. […]
Q1 2022 Report: CYBER1 Records 21% Revenue Growth
Stockholm, Sweden, 23 May 2022 – Cyber Security 1 AB had a strong demand for software solutions and services for cyber security during the first quarter. Revenue increased to € 9.6m, which is an increase of 21 percent compared to the same period last year. If the last two years have been characterized by the […]
CYBER1: Investment in Cyber Security must increase in Africa
Africa has pinned its hopes for development of the fourth industrial revolution, 4IR, where internet of things is a crucial part. However, it is estimated that over 90% of African businesses are operating without the necessary cyber security measures in place. To mitigate cyber risks, more investment is required in cyber security as well as […]
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