---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002968"
form_type: "8-K"
ticker: "ATDS"
cik: "0001068689"
company_name: "Data443 Risk Mitigation, Inc."
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:22:52.598996+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Data443 issues $300K convertible note and warrants at $0.25 to accredited investor

## Summary
- Sold $300,000 principal unsecured convertible note to Walleye Opportunities Master Fund at 16.67% OID, no interest.
- Note matures earlier of 12 months or uplisting date; conversion price $0.25 per share.
- Warrants for up to 100% of conversion shares, exercisable at $0.25, term 5 years starting 4 months after uplisting.
- Purchaser paid $250,000 for the note; piggyback registration rights included.
- Securities issued under Section 4(a)(2) exemption; use of proceeds not specified.

## SEC filing metadata
- accession: 0001493152-23-002968
- form_type: 8-K
- ticker: ATDS
- cik: 0001068689
- company_name: Data443 Risk Mitigation, Inc.
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/0001493152-23-002968-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002968
- JSON: https://secwatch.observer/filing/0001493152-23-002968.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002968.txt

## Key facts
- Debt Financings
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/0001493152-23-002968-index.htm
- Material Agreements
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/0001493152-23-002968-index.htm

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