---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-046029"
form_type: "8-K"
ticker: "ATDS"
cik: "0001068689"
company_name: "Data443 Risk Mitigation, Inc."
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:12:29.655089+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Data443 amends Series A preferred terms: adds 9.99% conversion cap, reverts ratio to 1,000:1

## Summary
- Added beneficial ownership limitation of 9.99% on conversion of Series A Preferred into common stock.
- Conversion ratio reset to pre-reverse-stock-split rate of 1,000 common shares per one Series A share.
- Amendment to Certificate of Designation effective December 20, 2023.

## SEC filing metadata
- accession: 0001493152-23-046029
- form_type: 8-K
- ticker: ATDS
- cik: 0001068689
- company_name: Data443 Risk Mitigation, Inc.
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1068689/000149315223046029/0001493152-23-046029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1068689/000149315223046029/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-046029
- JSON: https://secwatch.observer/filing/0001493152-23-046029.json
- Plain text: https://secwatch.observer/filing/0001493152-23-046029.txt

## Key facts
- Governance Changes
  Data443 Risk Mitigation, Inc.: Amended Certificate of Designation of Series A Convertible Preferred Stock to add a 9.99% beneficial ownership limitation and revert conversion ratio to pre-reverse stock split ratio (effective 2023-12-20).
  - Change: charter amendment
  - Effective: 2023-12-20
  source text: On December 20, 2023, the Certificate of Designation of Series A Convertible Preferred Stock (“ Series A Stock ”) of Data443 Risk Mitigation, Inc. (the “ Company ”) was amended (as so amended, the “ Amended Series A CoD ”) in order (i) to add a beneficial ownership limitation to the Series A Stock, such that a holder may not convert Series A Stock into the Company’s common stock, par value $0.001 (“ Common Stock ”) to the extent that the holder would beneficially own more than 9.99% of the Common Stock outstanding immediately after giving effect to the conversion of Series A Stock and (ii) to revert the conversion ratio of the Company’s Series A Stock to its pre-reverse stock split conversion ratio of 1,000 shares of Common Stock, for each one share of Series A Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1068689/000149315223046029/0001493152-23-046029-index.htm

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