Scryb Issues Stock Options

09/30/2025 – 08:04 PM

Toronto, Ontario – Scryb Inc. (CSE: SCYB) (OTC Pink: SCYRF) (FSE: EIY) (“Scryb” or the “Company”) has announced the grant of 3,870,000 stock options to its employees, directors, officers, and consultants, signaling an effort align stakeholder interests with the company’s long-term growth trajectory.

The options are exercisable at $0.12 per share, with a five-year term from the grant date, and are governed by the Company’s Omnibus Long-Term Incentive Plan. These options, along with any common shares issued upon exercise, are subject to a standard resale restriction of four months and one day, as per applicable securities laws and the policies of the Canadian Securities Exchange (CSE).

Notably, 2,910,000 of these stock options were granted to the company’s directors and officers. Scryb leveraged exemptions from specific valuation and minority shareholder approval stipulations under Multilateral Instrument 61-101, specifically sections 5.5(b) and 5.7(a), concerning insider participation, streamlining the grant process.

CNBC Analysis:

The granting of stock options can have multifaceted implications for a company like Scryb. While incentivizing key personnel and aligning their interests with shareholder value, it also introduces potential dilution for existing shareholders if these options are exercised. The $0.12 exercise price represents a key valuation point; should the company’s stock price sustainably trade above this level, it would indicate confidence in Scryb’s future performance.

The reliance on exemptions under MI 61-101, while permissible, will likely draw scrutiny from governance watchdogs. It underscores the need for transparent communication from Scryb regarding the rationale and fairness of the option grant to its stakeholders.

From a technical perspective, the Omnibus Long-Term Incentive Plan demonstrates a commitment to retaining talent, and fostering a culture of ownership within the company, deemed essential to sustaining innovation and execution in the competitive technology landscape. Investors should monitor Scryb’s cash flow expectations, and balance sheets to assess their ability to absorb any potential liquidity pressure created in the wake of these option grants.

About Scryb:

Scryb is focused on investment and proactive portfolio management of innovative technology ventures with high market potential.

Forward-Looking Information Cautionary Statement:

This communication includes statements containing “forward-looking information” under applicable securities laws. These forward-looking statements utilize terms such as “plan,” “expect,” and “estimate,” inherently subject to risks, uncertainties, and potential variances from projected outcomes. Key factors impacting results include, but are not limited to, regulatory changes, delays in approvals from bodies like the CSE, and factors outside the Company’s direct control. No guarantees are provided regarding the realization of commercialization plans for technologies mentioned herein, and the Company assumes no obligation to revise forward-looking statements, except as legally obligated. Readers should exercise caution and avoid undue reliance on these statements. Refer to the Company’s filings with Canadian securities regulators at SEDAR+ for a detailed understanding of associated risks and uncertainties.