On October 18, 2024, Cyber A.I. Group, Inc. announced a definitive engagement agreement with ThinkEquity LLC for investment banking services.

ThinkEquity will focus on arranging secured debt and convertible debt offerings to support Cyber A.I. Group's acquisition strategy.

Cyber A.I. Group aims to reach $100 million in revenue through a 'Buy & Build' approach by acquiring cybersecurity service providers internationally.

As part of its growth objectives, the company has identified over 100 potential acquisition targets.

The company is pursuing a proactive strategy to acquire IT service firms, particularly those with strong cash flow and proven performance.

This partnership comes at a time of increasing global interest in A.I.-driven technologies, suggesting a favorable market environment for expansion.

Jeff Singer, Head of Debt Capital Markets at ThinkEquity, emphasized the significant growth potential for Cyber A.I. Group in the technology and artificial intelligence sectors.

ThinkEquity has a strong track record, having structured over $1 billion in debt financing across various sectors, including technology and cybersecurity.

A.J. Cervantes, Jr., Executive Chairman of Cyber A.I. Group, expressed confidence in ThinkEquity's expertise in capital markets and their ability to accelerate the company's expansion efforts.