Cypher Metaverse Inc. Finalizes Agreement for Acquisition

Cypher Metaverse Inc. (CSE:CODE.X) has announced a definitive agreement to acquire Noninvasix, Inc., creating a "Reverse Takeover" under Canadian Securities Exchange policies. Noninvasix will become a wholly-owned subsidiary of Cypher through a merger. Noninvasix shareholders will exchange their shares for shares in the newly formed entity, with changes in management and company name under Noninvasix's discretion.

To facilitate the acquisition, Noninvasix plans a private placement aiming to raise a minimum of US$3 million. Investors will acquire units comprising shares and purchase warrants. Concurrently, Cypher will conduct a smaller private placement for corporate purposes.

The transaction is subject to customary conditions, including approvals and financing completion. Trading of Cypher's shares will be halted until conditions are satisfied and the Canadian Securities Exchange reviews the transaction. Further updates and financial details are forthcoming.