Cybeats Technologies (CYBT.CN) shares rose 5.4% on Thursday after it signed a major enterprise agreement to deploy its flagship platform, SBOM Studio, with a "global leader" in industrial software and critical infrastructure solutions. No financial details were given.
"This inherent "land-and-expand" dynamic accelerates sales cycles, simplifies corporate procurement, and drives compounding revenue growth without the traditional friction of net-new market entry," said the company in a statement.
Shares of the company were last seen up $0.01 tot $0.20 on the Canadian Securities Exchange.
Price: $0.20, Change: $+0.01, Percent Change: +5.41%