Data443 Risk Mitigation issues USD 2 million promissory note to Guangzhou Xiaoyu DiDa Technology - ATDS News | RalliesData443 Risk Mitigation issues USD 2 million promissory note to Guangzhou Xiaoyu DiDa Technology
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ATDS• Compensation-linked financing arrangement
- Data443 Risk Mitigation entered a compensation-linked financing arrangement with Guangzhou Xiaoyu DiDa Technology on July 16, 2026.
- The promissory note principal is set at USD 2 million, payable in two USD 1 million installments due 90 days and 120 days post deal close.
- The note carries no interest if paid on time; late payments accrue 15% simple annual interest from the original due date.
- Any unpaid balance beyond 12 months can be converted into PubCo ordinary shares at 80% of the prior 20-day VWAP, capped at 19.99%.
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