Cypher Metaverse Inc. has completed a financing round, raising over $247,000 through the sale of units on the Canadian Securities Exchange. The company issued 749,258 units at $0.33 each, including shares and warrants. This closure follows a previously announced private placement.
Cypher Metaverse Inc., listed on the Canadian Securities Exchange under the ticker CSE:CODE, announced on December 22, 2025, from its base in Vancouver, British Columbia, the successful closing of its non-brokered private placement.
The financing involved the issuance of 749,258 units priced at $0.33 per unit, generating aggregate gross proceeds of $247,256.14. Each unit comprises one common share in the company's capital and one common share purchase warrant. The warrants entitle holders to acquire additional shares, though specific exercise terms were not detailed in the announcement.
"Cypher Metaverse Inc. is pleased to announce that it has closed its previously announced non-brokered private placement," the company stated via ACCESS Newswire. This move supports the firm's activities in the blockchain and metaverse sectors, as indicated by its investment focus.
The proceeds are expected to bolster ongoing operations, though no further allocation details were provided. Investors in blockchain-related stocks may view this as a positive development for Cypher Metaverse's growth trajectory.
