Debt Settlement
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CACIOUS Replaces Carrefour as Suning.com Takes Full Control
Carrefour China’s official WeChat account has been rebranded to “CACIOUS,” the name of Carrefour’s membership store private label. This follows Suning.com’s announcement of a debt settlement with Carrefour Group, where Suning will pay RMB 220 million to resolve disputes and solidify its 100% ownership of Carrefour China. The rebrand and debt settlement mark a turning point for Carrefour’s operations in China and represent a significant financial closing for both Suning and Carrefour.
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Revive Therapeutics Completes First Tranche of Private Placement and Debt Settlement
Revive Therapeutics (RVVTF) closed the first tranche of its private placement, raising $60,900 by issuing 2.9 million units at $0.021 each. It also settled $67,400 in debt by issuing 3.2 million units at the same price. Each unit includes a share and a warrant exercisable at $0.05 for 36 months. The proceeds will fund working capital and payables. Securities are subject to a hold period expiring December 9, 2025. The offering included 100,000 compensation options to an investment dealer.
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Scryb Inc. Issues Early Warning on Cybeats Technologies Corp. Holdings
Scryb Inc. adjusted its stake in Cybeats Technologies on August 5, 2025, acquiring 9,788,450 shares to settle $978,845 in debt as part of a $1.5 million debt settlement. Post-settlement, Scryb holds 74,431,950 shares and 13,125,000 warrants, representing 38.59% ownership (42.50% partially diluted) of Cybeats, which has 192,880,745 shares outstanding. The acquired shares are subject to a four-month and one-day hold period. Scryb maintains flexibility to adjust its Cybeats stake in the future.
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Search Minerals Inc. Announces Settlement with Certain Creditors
Search Minerals (TSXV: SMY | OTC: SHCMD) has reached a settlement regarding approximately $100,000 in outstanding debt with Kee Scarp Ltd. and Todd Burlingame. The company will issue 203,688 common shares to Burlingame and pay $26,600 to Kee Scarp. The share issuance is subject to TSX Venture Exchange approval and a four-month hold period. This move balances debt reduction with potential shareholder dilution.