secwatch.observer — SEC 8-K summary
======================================

Issuer:     Data443 Risk Mitigation, Inc. (ATDS)
CIK:        0001068689
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0001493152-21-019009
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data443 signs LOI to acquire Centurion Technologies, ransomware firm with ~$1M 2020 revenue
--------------------------------------------------------------------------------

- Centurion had unaudited revenues of nearly $1M in 2020 and net positive cash from operations.
- Over 3 million licenses deployed; patented SmartShield Reboot/Restore technology for ransomware recovery.
- Transaction expected to close after Data443's major market uplist, subject to due diligence and conditions.
- Acquisition to deliver IP, patents, customers, and partner portfolio to Data443's data security platform.
- CEO highlights ransomware threat and strategic fit with Data443's mission to discover, categorize, and protect data.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1068689/000149315221019009/0001493152-21-019009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1068689/000149315221019009/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-019009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer