Hyper Bit Technologies Completes Private Placement and Debt Settlement Transactions

VANCOUVER, BRITISH COLUMBIA — November 10, 2026 — Leads & Copy — Hyper Bit Technologies Ltd., publicly traded as HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC: HYPAF) (FWB: N7S0), announced the successful completion of a non-brokered private placement, raising $162,140 in gross proceeds. This offering, which consisted of 1,544,191 units at $0.105 per unit, follows up on the company's previous announcement on October 8, 2026.

Each unit comprises one common share and one share purchase warrant. These warrants are exercisable at $0.15 per share for 36 months following the issuance date. The warrants include an acceleration clause, allowing Hyper Bit to trigger early exercise if the company's shares close at or above $0.30 for five consecutive trading days.

The funds generated from this offering are earmarked for strategic investments, including the purchase of crypto mining rigs, settlement of outstanding debts, support for marketing initiatives, and general working capital.

In parallel with the private placement, Hyper Bit Technologies also finalized debt settlement transactions, exchanging 5,252,627 units for $551,526 in aggregate debt. These units were also priced at $0.105 per unit and carry the same terms as those issued in the private placement. All securities issued in connection with both the offering and the debt settlements are subject to a statutory four-month-plus-a-day hold period, as per applicable securities laws.

The debt settlement transactions included participation from two corporate subscribers wholly owned by the company's directors and officers. These insiders subscribed for 525,000 units, settling $55,125 in indebtedness owed to them. The issuance of units to these insiders qualified as related party transactions under Multilateral Instrument 61-101. Hyper Bit utilized exemptions from formal valuation and minority shareholder approval requirements, citing that the aggregate fair market value of the consideration received by the insiders did not exceed 25% of the company's market capitalization.

No finder's fees or commissions were paid in connection with the private placement. The company noted that this news release does not constitute an offer to sell or a solicitation to buy securities in the United States, emphasizing that the securities have not been registered under the U.S. Securities Act and may not be offered or sold in the U.S. without registration or an applicable exemption.

Hyper Bit Technologies Ltd. describes itself as a diversified technology company focused on acquiring, developing, and deploying crypto mining operations and blockchain innovations. The company aims to unlock value within the crypto ecosystem, driven by the growth of blockchain, decentralized finance, and increasing adoption of digital assets. Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.

The company is publicly listed in Canada (CSE: HYPE), the USA (OTC: HYPAF), and Europe (FWB: N7S0). Investors can subscribe for company updates at Hyperbit.ca and follow Hyper Bit on X.com, TikTok, Instagram, and LinkedIn.

Source: Hyper Bit Technologies Ltd.