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NetworkNewsBreaks – Data443 Risk Mitigation Inc.

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Post# of 1861
(Total Views: 323)
Posted On: 01/17/2023 2:46:25 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Updates Status on Proposed NASDAQ Uplisting

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” is releasing an update regarding its proposed uplist to the Nasdaq Capital Market. According to the announcement, based on the company’s annual report filing on Form 10-K for FY 2022, ATDS will no longer be subject to NASDAQ’s higher seasoning threshold for price compliance; the company believes this will “hasten” its uplisting to NASDAQ. “We are excited to file our 2022 Form 10-K and, as a seasoned issuer, no longer be subject to Nasdaq’s 30-of-60-day price requirement,” said Data443 Risk Mitigation CEO and founder Jason Remillard in the press release. “We remain hopeful that completion of our planned public offering and price compliance at that time will enable the company to complete our uplist to NASDAQ. I am also hopeful that doing so will further position the company as a prominent cybersecurity and data management company. Delivering on our business plan continues to be our top priority. As stated previously, our efforts to uplist to NASDAQ are central to our continued funding, acquisition strategy, and organic growth efforts.”

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