---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-035103"
form_type: "8-K"
ticker: "ATDS"
cik: "0001068689"
company_name: "Data443 Risk Mitigation, Inc."
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T05:55:36.840130+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Data443 issues $750K convertible notes at $0.50 conversion with 20% OID and warrants at $1.155

## Summary
- Sold $750K principal of unsecured convertible notes with 20% original issue discount, net $600K.
- Notes convertible at $0.50 per share, zero interest, mature in 12 months or upon listing on NYSE/Nasdaq.
- Warrants to purchase up to 100% of conversion shares at $1.155, exercisable from 4 months after uplisting, 5-year term.
- Piggyback registration rights granted for underlying shares.
- Offered in unregistered transaction under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001493152-22-035103
- form_type: 8-K
- ticker: ATDS
- cik: 0001068689
- company_name: Data443 Risk Mitigation, Inc.
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1068689/000149315222035103/0001493152-22-035103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1068689/000149315222035103/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035103
- JSON: https://secwatch.observer/filing/0001493152-22-035103.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035103.txt

## Key facts
- Debt Financings
  Data443 Risk Mitigation, Inc. incurred convertible notes of $750,000.00 with a certain accredited investor at do not bear interest maturing the earlier of (i) twelve months from the date of issuance or (ii) the date that the Common Stock is listed for trading on any of The New York Stock Exchange, T.
  - Instrument: convertible notes
  - Principal: $750,000.00
  - Counterparty: a certain accredited investor
  - Rate: do not bear interest
  - Maturity: the earlier of (i) twelve months from the date of issuance or (ii) the date that the Common Stock is listed for trading on any of The New York Stock Exchange, T
  - Event: incurrence
  source text: On December 7, 2022, Data443 Risk Mitigation, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with a certain accredited investor as purchaser (the “ Investor ”). Pursuant to the Securities Purchase Agreement, the Company sold, and the Investor purchased, $750,000.00 in principal amount of unsecured convertible notes (the “ Notes ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315222035103/0001493152-22-035103-index.htm
- Material Agreements
  Data443 Risk Mitigation, Inc. entered into Securities Purchase Agreement with a certain accredited investor valued at $750,000.00 (effective 2022-12-07).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a certain accredited investor
  - Value: $750,000.00
  - Effective: 2022-12-07
  source text: On December 7, 2022, Data443 Risk Mitigation, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with a certain accredited investor as purchaser (the “ Investor ”). Pursuant to the Securities Purchase Agreement, the Company sold, and the Investor purchased, $750,000.00 in principal amount of unsecured convertible notes (the “ Notes ”) and warrants (the “ Warrants ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315222035103/0001493152-22-035103-index.htm

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