CISO Global Strengthens Balance Sheet with Debt Elimination and $15M Growth Capital

Financial Restructuring and Growth Capital

• 💡 CISO Global has eliminated over $9 million in investor debt by converting it into Preferred A equity shares.
• 📌 This debt was held by two long-term supporters of the company, signifying continued confidence.
• 🚀 A new financing agreement with B. Riley provides up to $15 million in potential growth capital through convertible Preferred B shares.
• ✅ These Preferred B shares have no associated warrants, offering a cleaner capital structure.

Strategic Vision and Market Position

• 🎯 These financial maneuvers significantly improve CISO Global's balance sheet.
• 🔑 The company is now better positioned to accelerate sales growth and pursue strategic opportunities.
• 🧠 CISO Global aims to execute its AI-driven cybersecurity vision with enhanced financial flexibility.
• 💬 CEO David Jemtt expresses excitement about the company's strong balance sheet, access to capital, and differentiated market offering.