---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050128"
form_type: "8-K"
ticker: "CISO"
cik: "0001777319"
company_name: "CISO Global, Inc."
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:02:39.319163+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CISO Global receives $6.5M convertible note investment from Target Capital to reduce debt

## Summary
- Strategic investment of $6.5M in convertible notes led by Target Capital; total offering up to $8.125M including warrants.
- Proceeds primarily to repay short-term debt and improve balance sheet to accelerate path to profitability.
- Warrants issued: 5.5M and 1M shares at $1.00 exercise price, 5-year term; placement agent warrants at $1.15.
- Board majority change anticipated; current directors to resign and new members added, subject to SEC Rule 14f-1.
- Placement agent fees: 7% of gross proceeds plus warrants; RBW Capital and Dominari Securities acted as agents.

## SEC filing metadata
- accession: 0001493152-24-050128
- form_type: 8-K
- ticker: CISO
- cik: 0001777319
- company_name: CISO Global, Inc.
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: debt
- 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/1777319/000149315224050128/0001493152-24-050128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777319/000149315224050128/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050128
- JSON: https://secwatch.observer/filing/0001493152-24-050128.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050128.txt

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