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CYBER ENVIRO-TECH RESCINDS SEC REGULATION A OFFERING, REMOVING SIGNIFICANT DILUTION OVERHANG AND POSITIONING COMPANY FOR FUTURE GROWTH
CYBER ENVIRO-TECH RESCINDS SEC REGULATION A OFFERING, REMOVING SIGNIFICANT DILUTION OVERHANG AND POSITIONING COMPANY FOR FUTURE GROWTH.
About this update from Cyber Enviro-tech Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n CYBER ENVIRO-TECH RESCINDS SEC REGULATION A OFFERING, REMOVING SIGNIFICANT DILUTION OVERHANG AND POSITIONING COMPANY FOR FUTURE GROWTH\r\n \r\n \r\n\r\n\r\nCYBER ENVIRO-TECH RESCINDS SEC REGULATION A OFFERING, REMOVING SIGNIFICANT DILUTION OVERHANG AND POSITIONING COMPANY FOR FUTURE GROWTH\r\n\r\n\r\n\r\n\r\n\r\n\r\nSCOTTSDALE, Ariz., March 16, 2026 /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB: CETI), an environmental remediation oil/water treatment technology company, today announced that it has formally cancelled its previously filed SEC Regulation A offering, removing what management believes had become a significant dilution overhang affecting the Company's share price.\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\nThe SEC Regulation A offering was initially pursued as a temporary financing vehicle while the Company evaluated strategic alternatives during its corporate reorganization. However, the structure of the offering created substantial potential dilution in the market, which management believes contributed to a sharp decline in the Company's share price following the filing.\r\n Prior to the SEC Regulation A filing, CETI's shares were trading at approximately $0.05 (five cents). Following the filing, the stock declined significantly, at one point reaching $0.004. With the cancellation of the SEC Regulation A offering and the Company's renewed focus on alternative financing strategies, CETI's share price has since recovered and recently traded in the $0.06 range.\r\n Management believes the cancellation of the offering removes a major source of uncertainty for investors and allows the Company to pursue more strategic, investor-friendly financing alternatives that better align with long-term shareholder value.\r\n \"We always viewed the Regulation A offering as a temporary option while we reorganized and evaluated other financing alternatives,\" said Kim D. Southworth, Co-Founder and CEO of Cyber Enviro-Tech. \"After careful consideration, we determined that cancelling the offering was the right decision for our shareholders. Removing that source of dilution allows us to move forward with financing strategies that better support our growth plans and shareholder interests.\"\r\n Building on the strategic repositioning announced earlier this week, CETI is advancing several projects currently in its devel...