Item 8.01. Other Events
On May 27, 2026, Cyber App Solutions Corp. (the "Company") entered into an
agreement with Kips Bay Select, LP ("Kips Bay") and Cyber One, LTD ("Cyber
One" and together with Kips Bay, the "Investors"), to defer the Foreclosure
originally scheduled for 11.30 a.m. on June 2, 2026. The revised auction date
will be July 7, 2026 if a settlement of the convertible promissory notes dated
November 21, 2023 (the "Convertible Notes") has not been concluded by that
time.
The Company continues to evaluate its options and intends to further engage
with the Investors regarding potential alternatives. No assurance can be given
regarding the outcome of these discussions or the foreclosure process.Cyber App Solutions Corp. - 8-K
Accession
0001851048-26-0000088.01
Item 8.01 - Other Events
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