CYBERCATCH HOLDINGS INC. Aktie

Datavault AI has signed a definitive agreement to acquire CyberCatch for $94.5 million in cash, equivalent to $3.53 per share for about 26.8 million outstanding common shares. The transaction is structured as a court‑approved plan of arrangement under British Columbia corporate law and provides for a cashless conversion of dilutive securities. CyberCatch is expected to continue operating as a subsidiary after closing; founder and CEO Sai Huda will become president of the subsidiary and report to Datavault CEO Nathaniel T. Bradley. The agreement remains subject to customary approvals and exchange permissions. » Más en de.investing.com

CyberCatch reported earnings per share of -0.08 CAD for the most recent quarter, compared with -0.010 CAD a year earlier. Revenue was 0.1 million CAD, a decrease of 53.85 percent from the year-ago quarter. The figures point to continued operational pressure. » Más en finanzen.net