Cyber Digital Inc. (OTCPK: CYBD) announced a private placement of common shares for gross proceeds of $17,000,000 on September 14, 2011. The company will accept minimum investment of $25,000 from any outside investor. The securities will be issued pursuant to Regulation D. The company will pay sales commission of $1,700,000.

On September 14, 2012, Cyber Digital Inc. cancelled the transaction.