Data443 signs SPAC merger with Four Leaf (FORL); NewCo to seek Nasdaq listing at $10 ref value

Data443 Risk Mitigation, Inc.

Data443 (ATDS), Four Leaf (FORL) and FORL Merger Sub signed Business Combination Agreement dated Aug 27, 2026; Data443 survives as NewCo subsidiary.
Merger consideration = Data443 equity value divided by $10.00 per NewCo share; 2% of shares held in indemnity escrow.
Data443 must convert at least $10.0M of debt into common stock before closing; any shortfall cuts Base Value dollar-for-dollar.
Jason Remillard (Data443 CEO/founder) is also FORL Chairman/CEO and controls sponsor via Remcan Holdings; will serve as combined-company CEO min 3 years.
Closing conditioned on Form S-4 effectiveness, FORL and Data443 stockholder approvals, Debt Conversion and Nasdaq listing approval.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.