Cypher Metaverse Inc. Finalizes $159,525 Financing

Cypher Metaverse Inc., based in Vancouver, has completed its previously announced non-brokered private placement, raising a total of $159,525.20. Through the sale of 1,876,767 Units, the company secured $5,100 in the final tranche. Each Unit included one common share and one purchase warrant. The warrant allows the purchase of an additional share at $0.15 within two years and can be accelerated if shares trade at or above $0.20 for ten consecutive days.

Proceeds from the financing will support general working capital requirements and fund the acquisition of Agape Luxury Brands Inc. Securities tied to this tranche are under a statutory hold until February 10, 2025. This development highlights Cypher's strategic investment moves within the blockchain and emerging technology sectors.