Data443 Risk Mitigation, Inc. Enters into Financial Service Agreement
Data443 Risk Mitigation, Inc. has entered into a Financial Service Agreement with Margaret Z. Holdings Limited. Margaret will serve as the Company's financial advisor for a proposed de-SPAC business combination with Four Leaf Acquisition Corporation for 18 months. Compensation includes a $1,000,000 promissory note, 1.2 million shares of the combined company, a retention bonus of 25% of the total trust amount retained at closing, and nominee receipt of 1.5 million shares for Jason Remillard. The agreement also includes the issuance of 3 million Class B Preferred Shares to Jason Remillard with super-voting rights. If the $1,000,000 note is not repaid within 12 months, Margaret may convert the outstanding amount into company shares at 80% of the VWAP, subject to certain conditions. The agreement is governed by Delaware law and disputes will be resolved by arbitration under SIAC rules.