On April 12, 2024, Cybeats Technologies Corp closed the transaction. The company issued 8,532,333 units at a price of CAD 0.15 per unit for gross proceeds CAD 1,279,849.95 in its final tranche. In connection with the Offering, the Company paid certain eligible persons a cash commission in the aggregate of CAD 27,540; and an aggregate of 160,200 finder warrants.

Each Finder Warrant is exercisable at a price of CAD 0.20 per Common Share until October 12, 2025.