Item 1.01 Entry into a Material Definitive Agreement
On January 13, 2022, Cerberus Cyber Sentinel Corporation (the "Company") entered
into an underwriting agreement (the "Underwriting Agreement") with Boustead
Securities LLC (the "Underwriter") related to a public offering of 2,000,000
shares of the Company's common stock, par value $0.00001 per share (the "Common
Stock"), at a price of $5.00 per share, less underwriting commissions. Under the
terms of the Underwriting Agreement, the Company granted the Underwriter an
option, exercisable for 45 days, to purchase up to an additional 300,000 shares
of Common Stock to cover over-allotments, if any. The offering is being made
pursuant to the Company's registration statement on Form S-1, as amended
(Registration Statement No. 333-261645), filed with the Securities and Exchange
Commission.
On January 19, 2022, the Underwriter exercised the over-allotment option with
respect to 60,000 shares of Common Stock and that the offering had been
completed.
Item 8.01. Other Events
On January 13, 2022, the Company issued a press release announcing that it had
priced the public offering described in Item 1.01 of this Report.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99.1 Press release dated January 13, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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