secwatch.observer — SEC 8-K summary
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Issuer:     CISO Global, Inc. (CISO)
CIK:        0001777319
Form:       8-K
Filed at:   2023-08-21T23:59:59+00:00
Accession:  0001493152-23-029523
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CISO Global adopts 2023 Equity Incentive Plan with 40M shares reserved
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- Stockholders holding 90.86M shares (51% of outstanding) approved the plan via written consent on Aug 15, 2023.
- Plan reserves 40M shares plus any shares remaining under the 2019 Plan for future equity awards.
- Plan becomes effective 20 calendar days after mailing of an information statement to stockholders.
- No further awards will be made under the 2019 Plan once the 2023 Plan is effective.
- Approximately 6 directors, 445 employees, and 8 consultants are eligible to participate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777319/000149315223029523/0001493152-23-029523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777319/000149315223029523/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-029523

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer