Core Insights - CISO Global, Inc. has secured a strategic investment of $6,500,000 from Target Capital through a convertible note, aimed at reducing short-term debt and enhancing the company's balance sheet to accelerate profitability [1][2][3] Financial Impact - The investment will primarily be used to pay down short-term liabilities, which will improve financial flexibility and free up cash flow for further investments in scaling software sales to existing clients and channel partners [2][3] - This funding is expected to strengthen CISO Global's operating cash flow and expedite the deployment of its software solutions, reinforcing its commitment to innovative service delivery [3] Strategic Vision - The investment reflects Target Capital's confidence in CISO Global's business model and long-term vision, with the belief that the company is currently undervalued and has significant profit-generating potential [2][3] - CISO Global's CEO emphasized that the investment marks a pivotal step towards sustained profitability, focusing on expanding software sales within its established client base and partner network to drive revenue growth and operational efficiency [3] Company Overview - CISO Global, Inc. is a leading cybersecurity firm that specializes in comprehensive security solutions designed to protect organizations from cyber threats, leveraging advanced technology and industry expertise to ensure the security and compliance of clients' digital assets [5]
CISO Global Announces Strategic Investment to Accelerate Growth and Profitability