Data443 Risk Mitigation, Inc. announced that it has entered into a securities purchase agreement with each Investor in a private placement of 931,000 shares at an issue price of $1 per share for gross proceeds of approximately $931,000 on November 4, 2022. The share have been issued pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act and by Rule 506 of Regulation D, promulgated thereunder and on similar exemptions under applicable state laws.