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        "content": "\n        Categories to choose from:\n        product_security_features, end_user_security, compliance_certifications, security_best_practices, data_protection, access_management, threat_prevention, incident_response, privacy_policy, technical_documentation\n        \n        Content to classify:\n        Search Free Trial Get Demo DATA443 ENTERS INTO COMMON STOCK PURCHASE AGREEMENT WITH TRITON FUNDS December 17, 2020 Agreement Provides Data443 with Fresh Significant Investment Capital on Favorable Terms on Path to Senior Exchange Up-list RESEARCH TRIANGLE PARK, NC, Dec. 17, 2020  Data443 Risk Mitigation, Inc. OTCPK ATDS, the leading data security and privacy software company for ALL THINGS DATA SECURITY  , is pleased to announce it has entered into a common stock purchase Agreement the  Purchase Agreement  with investment firm Triton Funds LP  Triton , under which Triton is obligated to purchase up to 1 million of the Companys common stock from time-to-time through June 30, 2021. As part of the Purchase Agreement, Data443 has the right to sell shares of its common stock to Triton at a per share price of 0.006, so long as the closing price for is Data443 shares is at least 0.009. The total number of shares Triton will purchase under the Purchase Agreement is 166,666,667. In addition, in connection with the Purchase Agreement, Triton may also invest up to an additional 1 million pursuant to a warrant agreement included in the Purchase Agreement, which has a purchase price of 0.01. The total number of shares available for purchase by Triton 266,666,667 shares must be reserved for purchase with the Companys transfer agent. Data443 will use the proceeds from the sale of its common stock to Triton for general corporate, working capital purposes, additional acquisitions, and debt retirement. In connection with the Purchase Agreement, Data443 will be filing a registration statement on Form S-1 under which, and when effective, the shares sold to Triton will be offered and registered. Jason Remillard, CEO of Data443 commented, Triton has been a pleasure to work with and we are excited to have them invest in Data443 as true equity investors. Their investment will help us drive growth and continue to exercise on our strategic plan. Tritons equity investment represents another great vote of confidence in our Company and validates our commitment to strengthening our capital structure to take advantage of the growing market for further accretive acquisitions, while delivering value to our stockholders. Retirement of derivative based debt also greatly strengthens our position for our planned major market up list. Ashkan Mapar, Principal and Portfolio Manager at Triton Funds, commented We conduct due diligence on, and consider investments in myriad companies. Very few of those pass our strict requirements and satisfy our metrics for investment. We are excited to have Data443 be one of the few companies to join our list of portfolio investments. The companys recurring revenue model and dynamic offering of products and services in the cybersecurity marketplace makes for a sustainable model and unlimited growth. We were further impressed with Jasons vision for the future of the company and we have confidence in his ability to lead the company to great success. Triton takes great pleasure in being a financial and strategic partner of Data443. In order to facilitate the Purchase Agreement and the stock sales to be completed with Triton Funds, the Company withdrew the S-1 filed on January 30, 2020, which was originally structured for stock purchases by PAG Group LLC. Additionally, the Company needed to increase the number of authorized shares of common stock so those shares could be reserved with the Companys transfer agent for issuance to Triton. As such, the Company has increased its authorized number of shares of common stock from 1.5 billion to 1.8 billion. About TRITON FUNDS LLC Triton Funds is the nations largest student venture investment fund, managed entirely by students from UC San Diego located in Southern California. With 25M AUM, Triton Funds has taken an active part in both the San Diego ecosystem and nationwide, focusing on investments that will have a lasting positive impact on the Millennial generation with a portfolio of both private and public companies. The aim of Triton Funds is to create a student learning platform that will provide real-world experience and help bridge the gap between a STEM dominated university and Wall Street, helping students jumpstart their careers in finance, while providing strategic capitalization, business development support, and engineered exits to organizations with a viable future in the modern economy. Follow the Triton Funds story by visiting the Triton Funds website, Instagram, Twitter, or reach out directly via email. More information can be found at  About Data443 Risk Mitigation, Inc. Data443 Risk Mitigation, Inc. OTCPK ATDS, is the de facto industry leader in Data Privacy Solutions for All Things Data Security  , providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by i ARALOC  , which is a market leading secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organizations confidential content and intellectual property assets from leakage  malicious or accidental  without impacting collaboration between all stakeholders ii DATAEXPRESS  , the leading data transport, transformation and delivery product trusted by leading financial organizations worldwide iii ArcMail  , which is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions iv ClassiDocs  the Companys award-winning data classification and governance technology, which supports CCPA, LGPD, and GDPR compliance v ClassiDocs  for Blockchain, which provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks vi Data443  Global Privacy Manager, the privacy compliance and consumer loss mitigation platform which is integrated with ClassiDocs  to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests  removal request  with inventory by ClassiDocs   vii Resilient Access TM , which enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others viii Data443  Chat History Scanner, which scans chat messages for Compliance, Security, PII, PI, PCI  custom keywords ix the CCPA Framework WordPress plugin, which enables organizations of all sizes to comply with the CCPA privacy framework x FileFacets  , a Software-as-a-Service SaaS platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops xi the GDPR Framework WordPress plugin, with over 30,000 active users and over 400,000 downloads it enables organizations of all sizes to comply with the GDPR and other privacy frameworks and xii IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the worlds largest content management platform, WordPress. For more information, please visit  . Forward-Looking Statements The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as may, will, could, should, expect, plan, project, intend, anticipate, believe, estimate, predict, potential, pursuant, target, continue, and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Data443s plans, objectives, future opportunities for Data443s services, future financial performance and operating results and any other statements regarding Data443s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond Data443s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations actions by third parties, including governmental agencies volatility in customer spending global economic conditions ability to hire and retain personnel loss of, or reduction in business with, key customers difficulty with growth and integration of acquisitions product liability cybersecurity risk anti-takeover measures in our charter documents and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission the SEC, including under i Part I, Item 1A. Risk Factors, in our Registration Statement on Form 10 filed with the SEC on January 11, 2019 and amended on April 24, 2019 ii Part I, Item 1A. Risk Factors, in our Annual Report on Form 10-K filed with the SEC on 17 April 2020 and, iii subsequent filings. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. The Data443  logo, ALL THINGS DATA SECURITY  , ClassiDocs  logo, ARALOC  logo and DATAEXPRESS  are registered trademarks of Data443 Risk Mitigation, Inc. All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement. All other trademarks cited herein are the property of their respective owners. For Further Information  Follow us on Twitter  Follow us on Facebook  Follow us on LinkedIn  Signup for our Investor Newsletter  Investor Relations Contact Matthew Abenante  919.858.6542 Try it for Free Instant Data Classification Cyren URL Category Chacker Prev DATA443 SECURES AGREEMENT FROM ITS LARGEST INVESTORS TO FORGO ALL NOTE CONVERSIONS FOR SIXTY DAYS DATA443 RELEASES STATEMENT ON FIREEYE AND SOLARWINDS HACK AND BREACH Next Company Partners Resources Investor Relations Products Freeware Demo Solutions Contact Us Privacy Management Service by Data443\n        "
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