CISO Global Announces $15 Million Convertible Preferred Equity Private Placement to Fund Expansion Initiatives
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CISO Global Inc. has announced a $15 million private placement of convertible preferred stock with B. Riley Securities. The funds will be used to enhance the company's balance sheet, increase liquidity, and support expansion efforts. The preferred stock has a purchase price of $1,000 per share and does not offer dividends. B. Riley acted as the sole placement agent for this transaction, with legal counsel from Greenberg Traurig, LLP and Lowenstein Sandler LLP.
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