secwatch.observer — SEC 8-K summary
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Issuer:     Data443 Risk Mitigation, Inc. (ATDS)
CIK:        0001068689
Form:       8-K
Filed at:   2022-03-11T23:59:59+00:00
Accession:  0001493152-22-006663
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data443 effects 1-for-8 reverse stock split to pursue Nasdaq listing
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- Reverse split ratio 1-for-8, effective March 8, 2022; outstanding shares reduced from ~981k to ~123k.
- Authorized common shares reduced from 1B to 125M; preferred unchanged at 337.5k shares.
- Purpose: meet Nasdaq minimum bid price requirement for listing application submitted.
- Trading symbol temporarily changed to ATDSD for 20 trading days, then reverts to ATDS.
- No fractional shares; whole share issued instead; no cash consideration paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1068689/000149315222006663/0001493152-22-006663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1068689/000149315222006663/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006663

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