CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has entered into definitive agreements with key investors. According to the announcement, the agreements are for the purchase and sale of 20 million shares of the company’s common stock, sold at a purchase price of $0.20 per share in a registered direct offering. The company anticipates the offering, will total approximately $4 million, will close on or about May 19, 2023, and will be subject to customary closing conditions. CISO expects to use funds from the offering for general corporate purposes, including potentially working capital, capital expenditures, research and development expenditures, acquisitions of additional companies or technologies, and investments as well as to repay certain indebtedness.
To view the full press release, visit https://ibn.fm/758cg
About CISO Global Inc.
CISO Global is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information about the company, visit www.CISO.inc.
NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment