An anonymous director reports
CYBERCATCH CORPORATE ANNOUNCEMENTS
Cybercatch Holdings Inc.'s audited annual financial statements for the year ended July 31, 2024, including the related management discussion and analysis, and chief executive officer and chief financial certifications (collectively, the annual financial filings) will not be filed by the required filing deadline of Nov. 28, 2024 (the filing deadline).
The annual financial filings will not be filed before the filing deadline due to unforeseen circumstances. Both the company's personnel and the auditor needed more resources and time to enable completion of the audit within 60 days. The company expects it will file the audited annual financial filings on or prior to Jan. 27, 2025.
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) related to the company's securities 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 securityholders 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Until the annual financial filings are filed and the MCTO has been revoked, the company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing default status reports in the form of further press releases every two weeks.
About Cybercatch Holdings Inc.
Cybercatch Holdings is a cybersecurity company that provides a proprietary, AI-enabled (artificial intelligence) 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 cyberthreats. 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.
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