Cyba Completes GBP6 Mln Fundraising for Acquisition
By Anthony O. Goriainoff
Cyba PLC said Wednesday that it has completed a six million pound ($8.1 million) fundraising related to the acquisition of Narf Industries LLC at an issue price of two pence a share.
The London-listed special-purpose acquisition company said the transaction’s only remaining conditions were the passing of various resolutions, the approval of the prospectus and the readmission of its shares to the London Stock Exchange.
The company in June said it would buy computer-security research company Narf Industries LLC and Narf Industries PR LLC for $25.6 million.
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