Data443 Risk Mitigation Inc (ATDS)

[Bubae]

Looking at a five day volume of 188,000 shares so I'm wondering if the price isn't holding up better than expected. It looks to me like they are fund raising for the $155K note payment next week.


On 23 April 2021, the Company entered into and closed a financing transaction pursuant to the terms and conditions of a Securities Purchase Agreement (the “Purchase Agreement”) with Auctus Fund, LLC…

“Senior Secured Promissory Note (the “Note”) in the aggregate principal amount of $832,000.00”

https://sec.report/Document/0001493152-21-009857/#ex10-2.htm

4.13 Amortization Payments. The Borrower shall make the following amortization payments (each an “Amortization Payment”) in cash to the Holder towards the repayment of this Note, as provided in the following table:

Payment Date: Payment Amount:
11/22/2021 $ 155,306.66
12/22/2021 $ 155,306.66
1/21/2022 $ 155,306.66
2/22/2022 $ 155,306.66
3/22/2022 $ 155,306.66
4/22/2022 $ 155,306.70