Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CISO Global, Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $4.0 million (effective 2023-05-16).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain institutional investors
- Value
- approximately $4.0 million
- Effective
- 2023-05-16
Exact text from the filing
On May 16, 2023, CISO Global, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Company agreed to sell and issue to the Purchasers an aggregate of 20,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), in a registered direct offering (the “Offering”) at an offering price of $0.20 per share.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CISO Global, Inc. entered into Placement Agency Agreement with Titan Partners Group LLC, a division of American Capital Partners, LLC (effective 2023-05-16).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Titan Partners Group LLC, a division of American Capital Partners, LLC
- Effective
- 2023-05-16
Exact text from the filing
In connection with the Offering, the Company entered into a placement agency agreement dated May 16, 2023 (the “Placement Agency Agreement”), with Titan Partners Group LLC, a division of American Capital Partners, LLC (the “Placement Agent”) pursuant to which the Company agreed to pay the Placement Agent a cash fee equal to 6.0% of the gross proceeds of the Offering and $60,000 for out-of-pocket expenses for legal fees and other expenses.
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