Data443 Not Emerging Growth Co; Regulatory Status Update

Ticker: ATDS · Form: 8-K · Filed: Feb 8, 2024 · CIK: 1068689

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, corporate-governance, 8-K

TL;DR

**Data443 is no longer an emerging growth company, signaling a more mature business.**

AI Summary

Data443 Risk Mitigation, Inc. filed an 8-K on February 8, 2024, primarily to disclose that it is not an emerging growth company, as defined by Rule 405 of the Securities Act. This filing also includes general corporate information such as its Nevada incorporation and business address at 4000 Sancar Way, Suite 400, Research Triangle Park, NC 27709. For investors, this matters because it clarifies the company's regulatory status, indicating it has likely met certain revenue or public float thresholds, which could imply a more mature operational stage and potentially different reporting requirements than an emerging growth company.

Why It Matters

This filing clarifies Data443's regulatory status, indicating it has surpassed the 'emerging growth company' criteria, which can affect its reporting obligations and investor perception of its maturity.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of regulatory status and does not indicate any immediate financial or operational risks.

Analyst Insight

Investors should note Data443's confirmed status as a non-emerging growth company, which may imply more extensive regulatory reporting and potentially a more established business phase, and consider how this aligns with their investment thesis.

Key Players & Entities

FAQ

What is the primary purpose of Data443 Risk Mitigation, Inc.'s 8-K filing on February 8, 2024?

The primary purpose of Data443 Risk Mitigation, Inc.'s 8-K filing on February 8, 2024, is to indicate that the registrant is not an emerging growth company, as defined in Rule 405 of the Securities Act.

What is Data443 Risk Mitigation, Inc.'s state of incorporation?

Data443 Risk Mitigation, Inc.'s state of incorporation is Nevada.

What is the business address of Data443 Risk Mitigation, Inc. as stated in the filing?

The business address of Data443 Risk Mitigation, Inc. is 4000 Sancar Way, Suite 400, Research Triangle Park, NC 27709.

Does Data443 Risk Mitigation, Inc. have any securities registered pursuant to Section 12(b) of the Act?

No, the filing states 'none' for 'Title of each class' and 'N/A' for 'Trading Symbol(s)' and 'Name of each exchange on which registered', indicating no securities are registered pursuant to Section 12(b) of the Act.

What is the Central Index Key (CIK) for Data443 Risk Mitigation, Inc.?

The Central Index Key (CIK) for Data443 Risk Mitigation, Inc. is 0001068689.

Filing Stats: 492 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-02-08 17:18:38

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . The following exhibits are furnished with this report: Exhibit No. Exhibit Description 99.1 Investor presentation, dated February 8, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 8, 2024 DATA443 RISK MITIGATION, INC. By: /s/ Jason Remillard Jason Remillard Chief Executive Officer

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