Data443 Risk Mitigation issues USD 2 million promissory note to Guangzhou Xiaoyu DiDa Technology
Reuters2026/07/20 10:05By:Reuters
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- Data443 Risk Mitigation entered a compensation-linked financing arrangement with Guangzhou Xiaoyu DiDa Technology on July 16, 2026.
- Promissory note principal set at USD 2 million, payable in two USD 1 million installments due 90 days, 120 days post deal close.
- Note carries no interest if paid on time; late payments accrue 15% simple annual interest from the original due date.
- Unpaid balance beyond 12 months can be converted into PubCo ordinary shares at 80% of the prior 20-day VWAP, capped at 19.99%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data443 Risk Mitigation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-033828), on July 20, 2026, and is solely responsible for the information contained therein.
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