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CISO Global Inc. (CISO) delivers cybersecurity solutions that protect businesses from evolving digital threats, including penetration testing, compliance auditing, and risk management. This page aggregates official company announcements, financial updates, and operational developments for stakeholders tracking its market position.
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Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) has announced a $5 million private convertible note offering on March 20, 2023. The company reported preliminary financial results for 2022, showing a remarkable 150% increase in fourth-quarter revenue to $14.7 million and a 207% rise in total revenue for the fiscal year, reaching $46.5 million. Although operational losses decreased significantly, the company posted an operating loss of $9.4 million for Q4 and $33.2 million for the fiscal year. The proceeds from the note will be used to repay a $5 million promissory note to Bell Bank.
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