CISO Global , a leader in AI-powered cybersecurity software and compliance services, announced a significant financial restructuring on August 5, 2025. The company has converted over $9 million in convertible debt into Preferred Shares, reinforcing its strategic focus on software-driven cybersecurity solutions and enhancing its financial stability.
CISO Global converts $9M in convertible debt to Preferred Shares.
Two long-term investors, including a Director and Advisory Board member, lead the restructuring.
Preferred Shares carry a 10% coupon and hold seniority in capital structure.
Restructuring eliminates all long-term debt, leaving only a receivables line of credit.
Move strengthens balance sheet and supports AI-driven cybersecurity growth.
Investor confidence drives traction in the insurance channel.
CISO Global has successfully exchanged over $9 million in convertible debt for newly issued Preferred Shares, led by two strategic investors with deep ties to the company—one a current Director and the other an Advisory Board member. The Preferred Shares carry a 10% coupon and hold seniority in the capital structure without issuing warrants, ensuring a non-dilutive approach. This restructuring eliminates all long-term debt, leaving only a modest receivables line of credit, significantly simplifying the company’s financial profile.
The decision by key investors, identified as Hensley and JC Associates, reflects strong confidence in CISO Global’s shift toward software-focused cybersecurity solutions. The company is gaining significant traction in the insurance channel, a high-growth market for its AI-powered offerings. “We are deeply appreciative of the ongoing support and confidence demonstrated by both Hensley and JC Associates,” said CEO David Jemmett. “This non-dilutive restructuring significantly enhances our balance sheet and represents a strong vote of confidence in our strategic direction and future growth prospects.”
By eliminating long-term debt, CISO Global has improved its cash flow flexibility and strengthened its balance sheet, as noted in the finance card above, which shows a current stock price of $0.98 and a market cap of $33.03 million. The restructuring aligns with the company’s transition to a high-margin, software-led model, projected to generate $34 million in adjusted EBITDA revenue in 2025, with an additional $5 million from software bookings. This financial optimization positions CISO Global to accelerate investments in its cybersecurity solutions and expand market penetration.
With a simplified capital structure and robust investor backing, CISO Global is well-positioned to capitalize on the growing demand for AI-driven cybersecurity. The company’s focus on the insurance channel and partnerships, such as with Microsoft Azure and Amazon AWS, enhances its ability to deliver comprehensive solutions to enterprises and government agencies. This restructuring marks a pivotal step toward sustainable growth and operational efficiency.
CISO Global’s debt-to-equity conversion strengthens its financial foundation, enabling the company to focus on scaling its AI-powered cybersecurity solutions. With investor confidence and a streamlined balance sheet, CISO Global is poised to drive innovation and growth in the cybersecurity market.
CISO Global, Inc., headquartered in Scottsdale, Arizona, is an industry leader in AI-powered cybersecurity software, managed cybersecurity, and compliance that delivers comprehensive solutions designed to protect organizations from the latest cyber threats. The company protects the most demanding businesses and government organizations against continuing and emerging security threats and ensures their compliance obligations are being met.
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