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CISO Global, Inc. (NASDAQ:CISO), a cybersecurity company with a market capitalization of $41.3 million, announced that its Board of Directors has scheduled the company’s 2025 Annual Meeting of Stockholders for December 10, 2025. The stock has shown significant volatility, experiencing a 141% surge over the past six months despite a recent 13.6% decline in the past week. The record date for determining shareholders entitled to receive notice of, and vote at, the meeting is set as the close of business on November 7, 2025.
The company stated that stockholder proposals intended for inclusion in the proxy materials for the 2025 Annual Meeting, including nominations for director elections, must be received by the Secretary of CISO Global no later than October 29, 2025, at 11:59 p.m. Eastern time. Proposals submitted after this deadline will not be considered timely and will be excluded from the proxy materials.
According to the announcement, all stockholder proposals must comply with the rules of the U.S. Securities and Exchange Commission and applicable Delaware law. The company noted that any proposal not meeting these requirements may be omitted from the proxy materials.
CISO Global, Inc. is incorporated in Delaware and its common stock is listed on The Nasdaq Stock Market LLC under the symbol CISO. According to InvestingPro, which offers 8 additional key insights about the company’s performance and outlook, the stock currently trades below its Fair Value. The information in this article is based on a statement from a recent SEC filing.
In other recent news, CISO Global has taken significant steps to improve its financial position by eliminating over $9 million in debt. This was achieved through the conversion of investor debt into Preferred A shares, which do not include warrants. Additionally, CISO Global has secured a financing agreement with B. Riley, allowing access to up to $15 million in growth capital. This capital is available through the sale of convertible Preferred B shares, also without warrants, which the company plans to issue strategically when growth opportunities arise.
Furthermore, CISO Global has entered into a private financing arrangement with a fund managed by B. Riley Securities Holdings, Inc. This agreement provides the company with an 18-month facility to draw up to $15 million in convertible preferred stock. The facility allows for an initial draw of $2.3 million, followed by weekly increments of up to $500,000, under certain conditions. The convertible preferred stock will be sold at a 4% original issue discount, with a stated value of $1,000 per share. These developments reflect CISO Global’s efforts to strengthen its balance sheet and support potential growth initiatives.
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