ATDS 8-K
Data443 Risk Mitigation, Inc. (ATDS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
On and effective December 3, 2021, Data443 Risk Mitigation, Inc. (the “Company”) appointed Nanuk Warman to serve as the Company’s chief financial officer. Mr. Warman replaces Jason Remillard, President and CEO of the Company, who has been serving as our principal financial officer. Mr. Warman, age 49, has over 23-years of experience in corporate accounting and finance focused primarily on US and Canadian publicly listed companies across a diverse range of industries. Mr. Warman is currently Managing Partner of PubCo Reporting Solutions, where he has worked since he founded the company in 2010. Prior to forming PubCo Reporting Solutions, Mr. Warman worked with KPMG in British Columbia, Canada. Mr. Warman has worked with the Company for almost three years as an independent consultant and has extensive knowledge of the Company’s financial history and business.
In connection with his appointment, Mr. Warman will be entitled to an annual base salary in the amount of $120,000, and stock options in the amount of $30,000 per calendar quarter. Mr. Warman will also be eligible to participate in the Company’s bonus plan, with Mr. Warman’s eligible bonus payment to be based on the Company’s achievement of certain performance objectives and goals.
There are currently no arrangements or understandings between Mr. Warman and any other person pursuant to which Mr. Warman was selected as an executive officer. There are no family relationships between Mr. Warman and any director or other executive officer of the Company, or with any person nominated or chosen to become an officer or a director of the Company. The Company has had no transactions since the beginning of its last fiscal year, and has no transactions currently proposed, in which Mr. Warman, or any member of his immediate family, has an interest requiring disclosure under Item 404(a) of Regulation S-K.
| ITEM 7.01 | REGULATION FD DISCLOSURE. |
On December 9, 2021, the Company issued a press release (the “Press Release”) announcing the appointment of Mr. Warman. The full text of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS. |
| (d) | Exhibits. | |
| The following Exhibits are furnished with this Report: |
| Exhibit No. | Exhibit Description | |
| 99.1 | Press Release issued by the Company on December 9, 2021. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
| 2 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: December 9, 2021 | DATA443 RISK MITIGATION, INC. | |
| BY: | /S/ JASON REMILLARD | |
| Jason Remillard, | ||
| Chief Executive Officer | ||
| 3 |
Exhibit 99.1
Data443 Announces the Appointment of Nanuk Warman as Chief Financial Officer
RESEARCH TRIANGLE PARK, NC, December 9, 2021 – Data443 Risk Mitigation, Inc. (“Data443”
or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced the appointment of
Nanuk Warman as Chief Financial Officer.
Nanuk Warman, CPA, CMA, CFA, has over 23 years of experience in corporate accounting and finance, focused primarily on US and Canadian publicly listed companies across a diverse range of industries. Additionally, Mr. Warman has worked with the Company for almost three years as an independent consultant and has extensive knowledge of the Company’s financial history and business. Mr. Warman founded PubCo Reporting Solutions in 2010 and has significant experience dealing with complex financial reporting requirements under US GAAP and IFRS. His specialties include complex debt and equity transaction accounting, mergers, acquisitions, and reverse mergers.
Jason Remillard, Data443’s Founder and Chief Executive Officer, commented, “Nanuk is a high caliber addition to Data443, possessing the skill set, experience, and intimate knowledge of our Company critical to our success at this inflection point. Already, he has proven to be an exceptional leader with an exciting vision and strategic plans for improving our financial operations. I believe Nanuk will be integral to the growth and sustained success of our Company.”
Nanuk Warman commented, “I’m honored and excited to join Data443 and be a part of the team that is positioning the Company for its next stage of growth and development. Data443 is poised for significant growth and value creation, and I look forward to bringing my background and experience to bear in these efforts.”
About Data443 Risk Mitigation, Inc.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS), is an industry leader in All Things Data Security™, providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by:
(i) Data443® Ransomware Recovery Manager™, built for the modern enterprise, its capabilities are designed to recover a workstation immediately upon infection to the last known business-operable state, without any end user or IT Administrator efforts;
(ii) Data Identification Manager™ (previously marketed as ClassiDocs™ and FileFacets®), the Company’s award-winning data classification and governance technology, which supports CCPA, LGPD and GDPR compliance in a Software-as-a-Service (SaaS) platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops;
(iii) Data Archive Manager™ (previously marketed as ArcMail®), a leading provider of simple, secure and cost-effective enterprise data retention management, archiving and management solutions;
(iv) Sensitive Content Manager™ (ARALOC™), a market leading secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders;
(v) Data Placement Manager™ (previously marketed as DATAEXPRESS®), the leading data transport, transformation and delivery product trusted by leading financial organizations worldwide;
(vi) Access Control Manager™ (previously marketed as Resilient Access™), enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others;
(vii) Data Identification Manager™ (previously marketed as ClassiDocs™) for Blockchain, provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks;
(viii) Data443® Global Privacy Manager™, the privacy compliance and consumer loss mitigation platform which is integrated with Data Identification Manager to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests – removal request – with inventory enables the full lifecycle of Data Privacy Access Requests, Remediation, Monitoring and Reporting;
(ix) IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the world’s largest content management platform, WordPress;
(x) Data443® Chat History Scanner, which scans chat messages for Compliance, Security, PII, PI, PCI & custom keywords; and
(xi) GDPR Framework, The CCPA Framework and LGPD Framework WordPress plugins, with over 30,000 active site owners combined, enables organizations of all sizes to comply with European, California and Brazilian privacy rules and regulations.
For more information, please visit http://www.data443.com.
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond Data443’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including under (i) “Part I, Item 1A. Risk Factors”, in our Registration Statement on Form 10 filed with the SEC on January 11, 2019 and amended on April 24, 2019; (ii) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed with the SEC on March 23, 2021; and, (iii) subsequent filings. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
The Data443™ logo, ClassiDocs™ logo, ARALOC™ logo, ARCMAIL®, DATAEXPRESS® and FILEFACETS® are all registered trademarks of Data443 Risk Mitigation, Inc.
All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.
All other trademarks cited herein are the property of their respective owners.
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