Month: August 2020

Cyber Security 1 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 another three months. The Stockholm District Court’s decision requires that the reconstruction may continue until November 12, 2020. The district court may then decide that the reconstruction shall cease, if the […]

Cyber Security 1 signs LOI to acquire operations in Africa

Cyber Security 1 AB (Publ) (Nasdaq First North: CYB1), has signed an exclusive non-binding letter of intent to acquire the operations Cyber Security South Africa and Cyber Security Africa Distribution. A due diligence process will be initiated before a potential acquisition. As of June 30, the two companies had a combined turnover of around EUR […]

Extraordinary General Meeting in Cyber Security 1 AB (Publ)

Stockholm, Sweden – 27 August 2020, Cyber Security 1 AB (Publ) (“Cyber1” or the “Company”), (Nasdaq: CYB1, OTCQX: CYBNY), a leading supplier of cyber security solutions with operations in Europe, Africa and the Middle East, announces that the extraordinary general meeting (the “EGM”) of Cyber Security 1 AB (publ) was held on 27 August 2020 […]

CYBER1 Records H1 Revenues of 16m EUR, Whilst Making Positive Progress in the Reconstruction Process

London United Kingdom – 26 August 2020 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1), an international leader in Cyber Security services today announces its H1 report, recording 16.01m EUR in revenue for the period. Group Performance Total Group revenue for CYBER1 equated to 16.01m EUR for H1 2020. Following […]

Cyber Security 1 appoints new Chief Executive Officer and a Board member resigns

Cyber Security 1 AB (Publ) (Nasdaq First North: CYB1), today appointed Mr. Peter Gustafsson as Acting CEO to lead the Company in the ongoing reconstruction process and to further stabilize the business. The Cyber Security 1 Board of directors have reached an agreement with the current CEO and Board member, Daryn Stilwell, to leave his […]

CYBER1 Private Placement of Shares

London United Kingdom –17 August 2020 – Cyber Security 1 AB (Publ) (the “Company”) (Nasdaq First North: CYB1), today announces a private placement completion of new shares (“New Shares”) through a directed new share issue to a qualified investor (the “Private Placement”). The issue of the 53,403,744 New Shares results in the Company having 348,890,226 […]