Data443 Risk Mitigation Inc (ATDS)

[TROW]

Cyberark, one of Data443's largest partners is raising 500 million dollars in Convertible Senior Notes.

https://www.marketscreener.com/CYBERARK-SOFTWARE-LTD-18052696/news/CyberArk-Software-Ltd-Announces-Proposed-Private-Offering-of-500-million-of-Convertible-Senior-N-29568064/?utm_content=20191112&utm_medium=RSS&fbclid=IwAR0iykt0FF80-kTxwzvgC3VwFN47j3T7BjxB_8DDWOD6V1gayUqrkpUvF7k

It always amuses me to see things like this happening in stocks that are over 100 dollars, listed on Nasdaq, part of the industry standard and those that have over 4 billion dollars in market cap. This can be a learning point for those that believe only defunct and dysfunctional companies choose to use convertible notes to fund their initiatives. I'm curious Hey and Handin... do you guys think CyberArk is going to let these note holders have their way with the stock price? Should we expect CYBR to go to subs when the notes are due?