Data443 Risk Mitigation Inc (ATDS)

[Bubae]

One could presume that some of the regulation "D" shares that have been repriced at .02 a share are currently eligible to convert. According to the 10K some of those shares date back to August 2022. I bet those holders were hoping for a better margin. Maybe this low volume walk up will help get those shares sold. Buyer beware.

For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16432850&guid=gFA-k6fu0R9DB3h

Between August 25, 2022, and November 7, 2022, we sold 931,000 shares of Common Stock to 39 accredited investors in a private placement offering, in exchange for $931,000.

Form 8K
https://www.otcmarkets.com/filing/html?id=16510566&guid=NiA-kq-5bLW3Qth

... we offered and sold to the Investors a total of 931,000 shares of our common stock, par value $0.001 (the “Common Stock”), at a purchase price of $1.00 per share, for aggregate gross proceeds of approximately $931,000....

On March 17, 2023, we amended the terms of the Original SPA (as amended, the “Amended SPA”). Under the Amended SPA, the number of shares received by each Investor will be multiplied by 50.