Business
Scryb Approves Proposed Name Change and Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - April 15, 2026) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company"), is pleased to announce that it intends to complete its corporate name change to NorthPalm Capital Corp., marking the next phase in the Company's evolution and reflecting a renewed strategic focus on shareholder value creation and disciplined growth.Under the new NorthPalm Capital, the Company plans to focus on timing, execution, and high-growth opportunities, supported by a more disciplined.
About this update from Scryb, Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - April 15, 2026) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company"), is pleased to announce that it intends to complete its corporate name change to NorthPalm Capital Corp., marking the next phase in the Company's evolution and reflecting a renewed strategic focus on shareholder value creation and disciplined growth.","length":392,"tagName":"p"},{"type":"text","content":"Under the new NorthPalm Capital, the Company plans to focus on timing, execution, and high-growth opportunities, supported by a more disciplined investment approach and the increasing use of AI-enabled workflows to enhance operational efficiency and growth initiatives. The proposed name change follows recent changes in the Company's management team and board of directors and is intended to better align the Company's public identity with its evolving mandate. The Company believes these changes position it to pursue a more targeted strategy centered on capital allocation, discipline, and long-term value creation for shareholders.","length":643,"tagName":"p"},{"type":"text","content":"The Name Change has been approved by the Company's board of directors and was previously approved by shareholders of the Company at a meeting held on March 31, 2026 (see news release dated April 1, 2026). Pursuant to the upcoming name change, no action will be required by existing shareholders, and no share certificates of the Company will be affected or need to be exchanged. A new CUSIP number will be obtained to replace the previous CUSIP number.","length":456,"tagName":"p"},{"type":"text","content":"In connection with the Company's ongoing transition, the Company also announces that it has granted an aggregate of 4,300,000 stock options (the "Options") to certain employees, directors, officers and consultants of the Company on April 14, 2026. Each Option is exercisable into one common share of the Company at a price of $0.12 per share for a period of three years from the date of grant. The Options, and any common shares issued upon exercise thereof, are subject to a four-month and one day hold period in accordance with applicable securities laws and the policies of the Canadian Securities Exchange (the "CSE").","length":646,"tagName":"p"},{"type":"text","content":"The afore...