CISO Global Announces Investor-Driven Financial Restructuring, Converts $9mln in Debt.

Tuesday, Aug 5, 2025 8:35 am ET1min read

CISO Global has announced a significant investor-driven financial restructuring, exchanging over $9 million in convertible debt into newly issued Preferred Shares with a 10% coupon. The restructuring was led by two strategic long-term investors, who have a longstanding commitment to the company. This move underscores their confidence in CISO Global's strategic shift toward software-focused cybersecurity solutions and its traction in the insurance channel.

Scottsdale, AZ - CISO Global (NASDAQ: CISO), a leading provider of AI-powered cybersecurity software and compliance services, has announced a significant financial restructuring. The company exchanged over $9 million in convertible debt into newly issued Preferred Shares, led by two strategic long-term investors [1].

The restructuring, which took place on August 5, 2025, involved the conversion of convertible debt into Preferred Shares with a 10% coupon and seniority in the capital structure, without the issuance of warrants [1]. This move eliminates all long-term debt, leaving only a modest receivables line of credit with the company's banking partner. The two principal investors involved in the restructuring have a longstanding commitment to CISO Global, with one serving as a current Director and the other as a member of the Advisory Board [1].

The conversion underscores the investors' confidence in CISO Global's strategic shift toward software-focused cybersecurity solutions, particularly given the significant traction the company is experiencing within the insurance channel [1]. The restructuring significantly enhances CISO Global's balance sheet and simplifies its capital structure, providing the company with enhanced financial stability to execute on its strategic initiatives and growth plans in the competitive cybersecurity market [1].

CISO Global, now with an optimized financial structure driven by investor confidence, is strategically positioned to expand its market-leading cybersecurity software solutions, enhance market penetration, and drive sustainable growth [1].

References:
[1] https://www.marketscreener.com/news/ciso-global-completes-balance-sheet-restructuring-as-key-investors-exchange-over-9-million-of-debt-ce7c5ed8d981ff22
[2] https://www.stocktitan.net/news/CISO/ciso-global-completes-balance-sheet-restructuring-as-key-investors-0yuxgel9yrjf.html

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