Scryb Inc. Provides Early Warning Update on Holdings in Cybeats Technologies Corp.
Toronto, Ontario--(Newsfile Corp. - January 14, 2026) - Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) ("Scryb'' or the "Company"), is issuing this release to report information concerning its holdings in Cybeats Technologies Corp. (the "Issuer" or "Cybeats"). Scryb's total share ownership position of Cybeats is unchanged following all transactions outlined in this press release. Scryb outlines below that it accepted common shares in lieu of cash repayment from Cybeats Technologies Corp. due to Scryb's strong belief in the company's fundamentals and opportunity, and the continued support of its exciting growth trajectory.
This press release is issued pursuant to Multilateral Instrument 62- 104 - Take-Over Bids and Issuer Bids ("NI 62-104") and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103").
On January 9, 2026, Scryb acquired 10,000,000 common shares ("Common Shares") of the Issuer in settlement of $1,200,000 at a deemed price of $0.12 per Common Share (the "Debt Settlement"), of debt owing under a secured debenture held by Scryb. The Common Shares issued in connection with the Debt Settlement are subject to a statutory four-month and one-day hold period in accordance with applicable securities laws. Completion of the Debt Settlement did not create any new control person of Cybeats.
As at the date of this press release, the Issuer reports having 214,880,745 Common Shares issued and outstanding.
Prior to the Debt Settlement, on December 29, 2025, and December 30, 2025, Scryb disposed of a total of 10,000,000 Common Shares of Cybeats through three transactions. The Common Shares were disposed through the facilities of the CSE as follows: on December 29, 120,000 Common Shares were disposed of at a sale price of $0.125 per Common Share; on December 30, 34,000 Common Shares were disposed of at a sale price of $0.125 per Common Share; and on December 30, 9,846,000 Common Shares were disposed of at a sale price of $0.12 per Common Share, for an aggregate sale price of $1,200,770.
Prior to the disposition, Scryb owned or exercised control or direction over 74,838,950 Common Shares and 13,125,000 common share purchase warrants (the "Warrants") representing approximately 36.53% and 40.35% of the issued and outstanding Common Shares of Cybeats on an undiluted and partially diluted basis, respectively (based on 204,880,745 Common Shares outstanding prior to the disposition).

