- Cerberus Cyber Sentinel Corp CISO terminated its secondary share sale previously announced on February 13.
- The management did not feel the current market conditions as conducive to the best interests of the Company's stockholders.
- The cybersecurity and compliance provider had proposed to raise an undisclosed amount via the underwritten offering for general corporate purposes, including working capital, capital expenditures, repayment and refinancing of debt, research and development expenses, acquisitions of other companies or technologies, and investments.
- Price Action: CISO shares traded higher by 4.08% at $0.94 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
