M&A
confidence high
sentiment neutral
materiality 0.45
Data443 signs binding LOI to purchase Series B Preferred interest in Nasdaq-listed tech division
Data443 Risk Mitigation, Inc.
- Binding LOI dated Dec. 12, 2024, to acquire Series B Preferred Stock of TechCo (a Nasdaq-listed entity's tech division).
- Transaction will involve two of Data443's existing leading product capabilities.
- Closing is subject to preparation and execution of definitive documents; no definitive agreement yet.
- TechCo is a new technology division embedded within a Nasdaq-listed company; target not named.