Data443 Risk Mitigation, Inc. (ATDS): Entry into a Material Definitive Agreement
Data443 Risk Mitigation, Inc. (ATDS) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Four Leaf Acquisition Corporation and Data443 Risk Mitigation, Inc. Advance Definitive Business Combination and Path to a Market Listing Combined Company to execute on AI-Driven Threat Intelligence, Collaboration and Data Security Platforms RESEARCH TRIANGLE PARK, N.
How this was made
The 30-second read
Why it matters
The announcement creates immediate upside potential for both tickers, but completion risk remains high until shareholder and SEC approvals are secured.
Market read
First‑report SPAC merger news; likely to move both securities and influence the broader cybersecurity/SPAC market.
What to watch
Potential dilution from bridge financing and the need for additional capital to fund AI development.
Background
The 8‑K filing details the first public disclosure of the definitive agreement between Data443 and Four Leaf, outlining the path to a Nasdaq listing and AI‑driven security product integration.
Ticker impact
Data443 Risk Mitigation filed an 8‑K announcing entry into a definitive business combination agreement with SPAC Four Leaf Acquisition.
ATDS may see a pre‑announcement rally; upside risk if the deal closes, downside if it stalls.
SPAC mergers historically generate price appreciation for target companies upon announcement, especially in the AI‑security niche.
Market effects
Adds a new AI‑security player to the cybersecurity sector, potentially raising sector multiples.
Highlights continued SPAC activity in the U.S. market, may influence other pending SPAC deals.
Limited to U.S. investors but could attract global AI‑security interest.
Counterpoint
If the merger faces regulatory or execution delays, both ATDS and FORL could suffer sharp declines.
Key entities
- CompanyData443 Risk Mitigation, Inc.
AI‑driven data security software provider.
- SPACFour Leaf Acquisition Corp.
Special purpose acquisition company seeking a Nasdaq‑listed target.



