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 […]
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 […]
Cyber Security 1 Granted Extended Reconstruction Period and Appointment Of New Administrator
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 another three months. The Stockholm District Court’s decision has confirmed that the reconstruction may continue until February 12, 2021. The district court may then decide that the reconstruction shall cease, if […]
CYBER1 Q3 2020 Report: CYBER1 records 5.61m EUR for Q3 2020, whilst continuing positive developments in the reconstruction
Stockholm, Sweden– 30 November 2020 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1), an international leader in Cyber Security services today announces its Q3 2020 report, recording 5.61m EUR in revenue for the period. Group Performance Total Group revenue for CYBER1 equated to 5.61m EUR for Q3 2020. Following the […]
Cyber Security 1 Applies for Reconstruction Extension and Confirms New Administrator
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. CYBER1 has been taking proactive steps to complete the reconstruction and has now enlisted financial advisors with operations in Stockholm to provide a comprehensive financial funding package to […]
CYBER1 secures short-term liquidity Loan of €120,000 from shareholders
Stockholm, Sweden– 21 October 2020 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured a loan to provide operating capital to the ongoing restructuring process. The loan, of in total €120,000, to the Company is undertaken by four existing shareholders, Marlo Finance B.V, KAV Invest Holding […]
Cyber Security 1 – Acting CEO cessation
Cyber Security 1 announces that acting CEO Peter Gustafsson has left his position as acting CEO. Peter Gustafsson was appointed acting CEO on an interim basis on August 17, 2020 to lead the Company in the ongoing reconstruction process. The Board is actively engaged in the process of a replacement CEO and will notify as […]
CYBER1 Update on Board and Management Composition
Stockholm, Sweden – October 12, 2020 – Cyber Security 1 AB, a multi-product and multi-jurisdictional leader in cyber security advisory and solutions, today announced the appointment of Robert Brown as acting CEO, effective immediately. Brown brings over 26 years of experience in the IT security space, alongside a deep understanding of the CYBER1 business; its […]
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