Data443 Risk Mitigation Inc (ATDS)

[Bubae]

What it is for sure is 166+ million shares in new dilution no matter how they spin it. I wish my other stocks would announce an additional 26% in dilution, maybe they will pop as well. Hell, lets say double the dilution and get a hell of a run. LOL


https://sec.report/Document/0001493152-21-002467/

The Selling Security Holder identified in this Prospectus may offer and sell up to 266,666,667 shares of our Common Stock, which consists of shares of Common Stock to be sold by Triton pursuant to the CSPA and the Warrant Agreement. If issued presently, the shares of common stock registered for resale by Triton would represent approximately 26.26% of our issued and outstanding shares of common stock as of January 21, 2021.

Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the CSPA and the Warrant Agreement.

The sale of our common stock to Triton in accordance with the CSPA and the Warrant Agreement may have a dilutive impact on our stockholders. As a result, the market price of our common stock could decline. The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.

Triton will pay less than the then-prevailing market price of our common stock, which could cause the price of our common stock to decline.

Our common stock to be issued under the CSPA will be purchased at a discount of at least 33.33%; the purchase price under the CSPA is $0.006 per share, and the closing price for our Common Stock must be at least at $0.009 per share.

Triton has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the purchase price and the market price. If Triton sells our shares, the price of our Common Stock may decrease. If our stock price decreases, Triton may have further incentive to sell such shares. Accordingly, the discounted sales price in the CSPA may cause the price of our Common Stock to decline.