TechMediaBreaks – Data443 Risk Mitigation Inc. (ATDS) Announces Financial Transactions to Secure Growth Capital, Retire Debt
Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” has completed a series of transactions resulting in $1.5 million in growth capital for the company; the funds also allow the company to retire some outstanding debt obligations. According to the announcement, the transactions comprised of a direct investment of $1.5 million, exchanging of an outstanding note for a new note with new terms and the release of specific security interests on portions of the company’s assets. The company noted that these transactions align with its goal to reduce debt and improve debt terms,…