---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030763"
form_type: "8-K"
ticker: "ATDS"
cik: "0001068689"
company_name: "Data443 Risk Mitigation, Inc."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T04:58:58.161007+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Data443 closes private placement raising ~$931K via 931,000 shares at $1.00 each

## Summary
- Sold 931,000 shares of common stock to accredited investors in reliance on Rule 506(b) of Regulation D.
- Gross proceeds of approximately $931,000; net proceeds to be used for general corporate purposes.
- Shares are unregistered but carry piggyback registration rights for inclusion in future underwritten offerings.
- Closing date November 4, 2022; placement agent fees payable to Dawson James Securities, Inc.

## SEC filing metadata
- accession: 0001493152-22-030763
- form_type: 8-K
- ticker: ATDS
- cik: 0001068689
- company_name: Data443 Risk Mitigation, Inc.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1068689/000149315222030763/0001493152-22-030763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1068689/000149315222030763/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030763
- JSON: https://secwatch.observer/filing/0001493152-22-030763.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030763.txt

## Key facts
- Material Agreements
  Data443 Risk Mitigation, Inc. entered into Securities Purchase Agreement with certain "accredited investors" valued at aggregate gross proceeds of approximately $931,000 (effective 2022-11-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain "accredited investors"
  - Value: aggregate gross proceeds of approximately $931,000
  - Effective: 2022-11-04
  source text: On November 4, 2022, Data443 Risk Mitigation, Inc., a Nevada corporation (“we” or “our”) closed a private placement transaction (the “ Offering ”) with certain “accredited investors,” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended (the “ Securities Act ”) (each an “ Investor ”). In connection with the Offering, we entered into a securities purchase agreement (“ Securities Purchase Agreement ”) with each Investor pursuant to which we offered and sold to the Investors a total of 931,000 shares of our common stock, par value $0.001 (the “ Common Stock ”), at a purchase price of $1.00 per share, for aggregate gross proceeds of approximately $931,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315222030763/0001493152-22-030763-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.