secwatch.observer — SEC 8-K summary
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Issuer:     Data443 Risk Mitigation, Inc. (ATDS)
CIK:        0001068689
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001493152-23-002968
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/0001493152-23-002968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1068689/000149315223002968/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002968

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