Cyber Security 1 – creditor withdraws bankruptcy application

Cyber Security 1 was earlier today notified of a bankruptcy application that was submitted to the Stockholm District Court by a creditor, related to an older disputed claim. The creditor has withdrawn the bankruptcy application. Both clear and disputed claims have been produced in the ongoing corporate reconstruction. The company’s new Board and CEO are […]

Cyber Security 1 has today been notified of a bankruptcy application – refers to older disputed claim. In the ongoing reconstruction, disputed claims are being investigated

Cyber Security 1 has been notified of an application for bankruptcy which has been submitted to the Stockholm District Court by a creditor and relates to an older claim that is in dispute. Both clear and disputed claims have been produced in the ongoing corporate reconstruction. The disputed claims are currently being investigated within the […]

Cyber Security 1 announces changes in Board of Directors

Cyber Security 1 AB (Publ) (Nasdaq First North: CYB1), announces that Thomas Bennett, at his own request and for personal reasons, has elected not to accept his appointment as a board member. Mr. Bennett was elected as a member of the Board at an Extraordinary General Meeting on August 27, 2020. For further information, please […]

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 […]

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 […]

CYBER1 Appoints Special Advisor to the Board

Stockholm Sweden –27 July 2020 – Cyber Security 1 AB (Publ) (the “Company”) (Nasdaq First North: CYB1), today announces the appointment of Mr. Peter Gustafsson as Special Advisor to the Board (“Advisor”) to support the Company in the ongoing reconstruction process (the “Rekonstruktion”) and further stabilisation of the business. The Board has concluded that the […]