{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-033828","form_type":"8-K","ticker":"ATDS","cik":"0001068689","company_name":"Data443 Risk Mitigation, Inc.","filed_at":"2026-07-20T10:04:20+00:00","discovered_at":"2026-07-20T10:05:00.260608+00:00","generated_at":"2026-07-20T10:05:09.039195+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Data443 issues $2M promissory note to XYDD as compensation for terminating prior business combination","bullets":["Data443 issued $2M promissory note to XYDD as compensation for terminating FORL-XYDD business combination.","Note payable in two $1M installments: 90 and 120 days after deal close; 15% default interest if late.","After 12 months, XYDD may convert outstanding amount into PubCo shares at 80% of 20-day VWAP, subject to floor and cap.","1,800,000 PubCo shares allocated to finder S.SHUN Holdings Limited under prior finder arrangement.","Agreement facilitates Data443's de-SPAC transaction with FORL after termination of prior deal."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-033828","json":"https://secwatch.observer/filing/0001493152-26-033828.json","markdown":"https://secwatch.observer/filing/0001493152-26-033828.md","text":"https://secwatch.observer/filing/0001493152-26-033828.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1068689/000149315226033828/0001493152-26-033828-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1068689/000149315226033828/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-20T10:05:09.039195+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}