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August 13, 2025

Scryb SCYB Completes Reverse Stock Split to Boost Market Presence

  • Scryb Inc. (CSE:SCYB) executed a reverse stock split at a ratio of 10 for 1, reducing outstanding shares to approximately 32.3 million.
  • This move aims to enhance the companyโ€™s market presence and attract new investors by stabilizing stock prices.

Scryb Inc. (CSE:SCYB) operates as a technology firm focused on innovative solutions. On August 13, 2025, Scryb performed a reverse stock split at a ratio of 10 for 1. This consolidation means that for every ten shares previously held, shareholders now own one share. This strategic decision aims to streamline the share structure.

The reverse stock split will lower the total outstanding shares to about 32.3 million. The companyโ€™s name and trading symbol, SCYB, remain unchanged. This process is planned to take effect when the market opens on the Canadian Securities Exchange (CSE) on August 13, 2025. The new CUSIP and ISIN for the company are 81111V206 and CA81111V2066, respectively.

All open orders will be canceled at the close of business on August 12, 2025. Dealers are advised to re-enter their orders considering the share consolidation. This adjustment requires approval from the CSE, ensuring compliance with regulatory standards. The objective is to improve the company’s market visibility and attract investor interest.

Scryb Inc.’s current market capitalization is around $24.2 million, reflecting a trading volume of 80,000 shares. The reverse stock split intends to potentially stabilize the stock price and strengthen the financial standing, providing a more appealing investment opportunity for all stakeholders.

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