secwatch / observer
8-K filed January 30, 2023, 6:59 PM ET ticker ATDS CIK 0001068689
debt confidence high sentiment neutral materiality 0.35

Data443 Risk Mitigation, Inc. (ATDS): debt financing — Data443 issues $300K convertible note and warrants at $0.25 to accredited investor

Data443 Risk Mitigation, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Data443 Risk Mitigation, Inc. incurred convertible notes of $300,000.00 at do not bear interest maturing on 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.

Instrument
convertible notes
Principal
$300,000.00
Rate
do not bear interest
Maturity
on 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
Event
incurrence
Exact text from the filing
On January 24, 2023, 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, $300,000.00 in principal amount of unsecured convertible notes (the “ Notes ”) and warrants (the “ Warrants ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Data443 Risk Mitigation, Inc. entered into Securities Purchase Agreement with accredited investor valued at $300,000.00 principal amount of unsecured convertible notes and warrants (effective 2023-01-24).

Action
entry
Agreement
notes offering
Counterparty
accredited investor
Value
$300,000.00 principal amount of unsecured convertible notes and warrants
Effective
2023-01-24
Exact text from the filing
On January 24, 2023, 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, $300,000.00 in principal amount of unsecured convertible notes (the “ Notes ”) and warrants (the “ Warrants ”).
View on SEC.gov

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Data443 Risk Mitigation, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-002968
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