CISO Global, Inc. Material Events - What's Happening

Hey everyone, let's break down what's going on with CISO Global, Inc. in a way that makes sense, without all the confusing business talk. Think of this as me explaining a news story to a friend over coffee.

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Part 1: The Sale of Their Managed Services Division

1. What happened? (The actual event, in plain English)

CISO Global, Inc. just announced that they've entered into an agreement to sell off a significant part of their business. Specifically, they're selling their "Managed Services" division, which is basically the part of the company that handles ongoing IT support and cybersecurity monitoring for other businesses. They're selling it to another company.

2. When did it happen?

CISO Global recently announced this agreement. The actual sale, or "closing," is expected to happen in the coming months, assuming everything goes smoothly.

3. Why did it happen? (The backstory)

Think of CISO Global as having a few different arms. One arm was this "Managed Services" part, and another is their core "Cybersecurity Consulting" business (where they advise companies on how to be safe online).

It looks like CISO Global has been facing some financial challenges lately. They've been trying to improve their cash flow (meaning, get more money coming in than going out) and become more profitable. By selling off this Managed Services division, they're essentially shedding a part of their business that might have been a drain on their resources or wasn't performing as well as they hoped. The goal is to raise some much-needed cash and focus all their energy and resources on their core cybersecurity consulting business, which they believe has more potential for growth and profit.

4. Why does this matter? (The "so what?")

This is a pretty big deal for CISO Global.

• For the company itself: It means they're going to be a smaller, more focused company. They'll have more cash in hand, which could help them pay off debts or invest in their remaining core business. It's a move to try and stabilize their financial situation and give them a better chance at long-term success.
• For their future: It signals a clear strategic shift. They're putting all their eggs in the cybersecurity consulting basket, hoping that specialization will lead to better results.

5. Who is affected?

• Employees: People working in the Managed Services division will likely be transferred to the new company that's buying it, or they might face uncertainty about their jobs. Employees in the remaining cybersecurity consulting division might see changes in their roles or company structure as the company streamlines.
• Customers: Customers who were using CISO Global's Managed Services will now have their services provided by the new acquiring company. They might experience a transition period or changes in how their services are delivered. Customers of the core cybersecurity consulting business should see little direct change, but hopefully, an improved, more focused service in the long run.
• Investors/Traders: This is a significant event that can impact the stock price. It could be seen as a positive step towards financial stability, or it could highlight past struggles. It definitely changes the company's profile and future potential.

6. What happens next?

• Closing the deal: The two companies will work to finalize all the legal and financial details of the sale. This usually involves regulatory approvals and other paperwork, which is why it takes a few months.
• Integration: Once the sale closes, the acquiring company will start integrating the Managed Services division into its own operations.
• CISO Global's next steps: CISO Global will now be a leaner company. We'll be watching to see how they use the cash from the sale and how they perform with their renewed focus on cybersecurity consulting. They'll likely provide updates in their upcoming financial reports.

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Part 2: Another Important Development: Nasdaq Delisting Warning

1. What happened? (The actual event, in plain English)

Separately, CISO Global just received a warning letter from Nasdaq, the stock exchange where their shares are traded. The letter basically says their stock price has been too low for too long, and if they don't fix it, their shares could be removed from the exchange.

2. When did it happen?

CISO Global received this official notification on December 30, 2025.

3. Why did it happen? (The backstory)

Nasdaq has a rule that companies listed on its exchange need to maintain a minimum stock price of $1.00 per share. CISO Global's common stock closed below this $1.00 mark for 33 consecutive business days, which triggered this warning. This low stock price is often a symptom of broader financial challenges or investor concerns about the company's future.

4. Why does this matter? (The "so what?")

This is a serious issue for CISO Global and its investors:

• For the company itself: Being delisted from Nasdaq would be a major blow. It makes it harder to raise money, reduces the company's visibility, and can damage its reputation. It also means their stock would likely trade on a less formal, often less liquid, market, which is generally less attractive to investors.
• For their future: It adds another layer of financial pressure and uncertainty. They now have to focus on boosting their stock price in addition to streamlining their business.

5. Who is affected?

• Investors/Traders: This is a direct concern for anyone holding CISO Global stock. Delisting can make it harder to buy or sell shares and can significantly impact their value. It also signals ongoing financial struggles.
• The Company: Their ability to attract new investors, raise capital, and maintain a strong public image is at risk.

6. What happens next?

• Time to comply: CISO Global has 180 calendar days, until June 29, 2026, to fix the problem. To do this, their stock price needs to close at $1.00 or more for at least 10 consecutive business days.
• Possible extension: If they don't meet the deadline but satisfy other listing requirements, they might get an additional 180-day extension. They might consider a "reverse stock split" (where they combine multiple shares into one to boost the price) as a way to comply.
• No immediate effect: For now, their stock continues to trade on Nasdaq.
• Company's plan: CISO Global says they will actively monitor their stock price and explore options to regain compliance. However, there's no guarantee they'll succeed.

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What should investors/traders know? (Practical takeaways)

• Double Whammy: CISO Global is currently dealing with two major material events: selling off a significant division and facing a potential delisting from Nasdaq. Both point to significant financial challenges and strategic shifts.
• Volatility is likely: News like this, especially a delisting warning, can cause the stock price to jump or drop dramatically as the market reacts. Expect significant ups and downs.
• It's a strategic pivot AND a survival challenge: The sale of the Managed Services division is a strategic move to focus and raise cash. The Nasdaq warning, however, is a more immediate challenge to the company's listing status and overall financial health.
• Financial health is key: Both events underscore the company's financial struggles. Keep a very close eye on their next earnings reports to see if the sale helps them become profitable and stable, and if they can address the stock price issue.
• Do your homework: If you own shares or are thinking about buying, dig deeper. Understand what their remaining cybersecurity consulting business actually does, who their competitors are, and what their long-term growth prospects look like after this sale. Also, research the implications of a potential delisting.
• This is not financial advice: This is just an explanation of what happened. Always do your own research or consult with a financial advisor before making any investment decisions.