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Cerberus Cyber Sentinel Corp ( (CISO) ) has shared an update.
On September 24, 2025, CISO Global entered into a Preferred Equity Purchase Agreement with B. Riley Principal Capital I, allowing the company to issue and sell up to $15 million of Series B Convertible Preferred Stock over 18 months. This financing arrangement, announced on September 29, 2025, aims to fund CISO’s expansion initiatives, particularly in scaling its cybersecurity software business within the insurance sector. The agreement provides CISO with flexibility in drawing funds and is expected to strengthen its balance sheet, enhancing liquidity for strategic growth opportunities.
More about Cerberus Cyber Sentinel Corp
CISO Global, Inc., headquartered in Scottsdale, Arizona, is a leading provider in the cybersecurity industry, specializing in AI-powered cybersecurity software, managed cybersecurity, and compliance services. The company focuses on delivering comprehensive solutions to protect organizations from cyber threats and ensure compliance with security obligations.
Average Trading Volume: 706,904
Technical Sentiment Signal: Sell
Current Market Cap: $35.75M
See more insights into CISO stock on TipRanks’ Stock Analysis page.