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 […]
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 The creditor has withdrawn the bankruptcy application.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 […]
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 […]
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