---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-018004"
form_type: "8-K"
ticker: "CISO"
cik: "0001777319"
company_name: "CISO Global, Inc."
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:32:07.560912+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CISO Global raises $4M in registered direct offering of 20M shares at $0.20 per share

## Summary
- Gross proceeds ~$4M from sale of 20M shares of common stock at $0.20/share.
- Net proceeds to repay $2M short-term debt incurred March 2023 and for general corporate purposes.
- Placement agent Titan Partners receives 6% cash fee ($240k) plus warrants for 600k shares at $0.25 exercise price.
- Offering expected to close on or about May 19, 2023, subject to customary conditions.

## SEC filing metadata
- accession: 0001493152-23-018004
- form_type: 8-K
- ticker: CISO
- cik: 0001777319
- company_name: CISO Global, Inc.
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777319/000149315223018004/0001493152-23-018004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777319/000149315223018004/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-018004
- JSON: https://secwatch.observer/filing/0001493152-23-018004.json
- Plain text: https://secwatch.observer/filing/0001493152-23-018004.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777319/000149315223018004/0001493152-23-018004-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777319/000149315223018004/0001493152-23-018004-index.htm

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