---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-017486"
form_type: "8-K"
ticker: "ATDS"
cik: "0001068689"
company_name: "Data443 Risk Mitigation, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:30:29.302648+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Data443 acquires select Cyren assets for $3.5M total consideration, adds over $15M revenue base

## Summary
- Consideration: $500K cash, $2M in Data443 common stock, and $1M earn-out.
- Assets include Cyren's threat intelligence, URL categorization, and email security technology and clients.
- Cyren's threat intelligence service protects over 1 billion users globally.
- Onboarding customers representing over $15 million in unaudited FY 2022 revenue.
- Expected close Q3 2023; Data443 expects acquisition to be accretive.

## SEC filing metadata
- accession: 0001493152-23-017486
- form_type: 8-K
- ticker: ATDS
- cik: 0001068689
- company_name: Data443 Risk Mitigation, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1068689/000149315223017486/0001493152-23-017486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1068689/000149315223017486/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-017486
- JSON: https://secwatch.observer/filing/0001493152-23-017486.json
- Plain text: https://secwatch.observer/filing/0001493152-23-017486.txt

## Key facts
- Material Agreements
  Data443 Risk Mitigation, Inc. entered into Purchase Agreement with Appointed Receiver for the Assets of Cyren Ltd. valued at $500,000 payable in cash, shares of the Company’s common stock equivalent to $2,000,000 and $1,000,0 (effective 2023-05-11).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Appointed Receiver for the Assets of Cyren Ltd.
  - Value: $500,000 payable in cash, shares of the Company’s common stock equivalent to $2,000,000 and $1,000,0
  - Effective: 2023-05-11
  source text: On May 11, 2023, Data443 Risk Mitigation, Inc. (the “Company”) entered into an agreement to purchase certain assets (the “Purchase Agreement”) with the Appointed Receiver (the “Receiver”) for the Assets of Cyren Ltd. (“Cyren”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315223017486/0001493152-23-017486-index.htm

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