{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-045301","form_type":"8-K","ticker":"ATDS","cik":"0001068689","company_name":"Data443 Risk Mitigation, Inc.","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.107483+00:00","generated_at":"2026-06-07T11:08:38.338630+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Data443 completes Cyren asset purchase; amended terms reduce cash, increase earn-out","bullets":["Amended Purchase Agreement: cash consideration cut to $430k (from $500k), earn-out raised to $1.1M (from $1M), $2M in stock unchanged.","Final payment made Dec 15, 2023; Data443 now holds all right, title, interest in Cyren assets.","Retained 52 of ~60 Cyren customers; expects to sign remaining in Q1 2024.","Acquired technology includes email anti-spam, anti-malware, phishing/BEC; customers include large ecommerce, firewall, SOAR providers.","Transaction expected to be immediately accretive for Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-045301","json":"https://secwatch.observer/filing/0001493152-23-045301.json","markdown":"https://secwatch.observer/filing/0001493152-23-045301.md","text":"https://secwatch.observer/filing/0001493152-23-045301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1068689/000149315223045301/0001493152-23-045301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1068689/000149315223045301/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:08:38.338630+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b5e10d168f2833657f793bf5753715df4b3129b4","claim":"Data443 Risk Mitigation, Inc. completed an acquisition involving the appointed receiver for the assets of Cyren Ltd. for $430,000 payable in cash, shares of the Company’s common stock equivalent to $2,000,000 and $1,100,000 in the form of an earn out payment (closed 2023-12-15).","evidence_excerpt":"of Cyren’s assets (the “ Assets ”). In exchange for the Assets, the Company agreed to pay (i) $500,000 payable in cash, (ii) shares of the Company’s common stock equivalent to $2,000,000 and (iii) $1,000,000 in the form of an earn out payment. On December 12, 2023, an amendment to the Purchase Agreement between the Company and the Receiver was finalized (as","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1068689/000149315223045301/0001493152-23-045301-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"the appointed receiver for the assets of Cyren Ltd."},{"label":"Consideration","value":"$430,000 payable in cash, shares of the Company’s common stock equivalent to $2,000,000 and $1,100,000 in the form of an earn out payment"},{"label":"Closing","value":"2023-12-15"}],"fact_type":"ma_transaction"},{"claim_id":"c01aed1f53e8fdf265e15131d05cb5a5b3fb9bef","claim":"Data443 Risk Mitigation, Inc. amended Amended Purchase Agreement with the appointed receiver (the \"Receiver\") for the assets of Cyren Ltd. valued at $430,000 payable in cash, (ii) shares of the Company’s common stock equivalent to $2,000,000 and (ii (effective 2023-12-12).","evidence_excerpt":"On December 12, 2023, an amendment to the Purchase Agreement between the Company and the Receiver was finalized (as amended, the “ Amended Purchase Agreement ”), pursuant to which the Company and the Receiver agreed that in lieu of the consideration previously agreed to, the Company would pay (i) $430,000 payable in cash, (ii) shares of the Company’s common stock equivalent to $2,000,000 and (iii) $1,100,000 in the form of an earn out payment, as further described in the Amended Purchase Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1068689/000149315223045301/0001493152-23-045301-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"the appointed receiver (the \"Receiver\") for the assets of Cyren Ltd."},{"label":"Value","value":"$430,000 payable in cash, (ii) shares of the Company’s common stock equivalent to $2,000,000 and (ii"},{"label":"Effective","value":"2023-12-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}