SCHEDULE: Hensley & Co. Boosts CISO Global Stake to 14.82%

Hensley & Company has converted preferred shares and accrued dividends into 6,528,666 common shares of CISO Global, Inc., increasing its beneficial ownership to 14.82%.

Summary

• Hensley & Company now beneficially owns 6,528,666 shares of CISO Global, Inc. common stock.
• This represents 14.82% of the company's common stock.
• The acquisition stems from the conversion of Series A Preferred shares and accrued dividends into common stock on November 6, 2025.
• The Series A Preferred shares were initially acquired on August 4, 2025, in exchange for a convertible note and accrued interest.
• The purpose of the transaction is stated as a general investment.

Sentiment

Score: 6

Explanation: The conversion of preferred shares to common stock by a significant investor is generally a neutral to slightly positive event, indicating commitment. However, it also implies potential dilution for other common shareholders.

Positives

• Increased significant ownership by an existing investor (Hensley & Company) could signal confidence in CISO Global, Inc.'s long-term prospects.
• Conversion of preferred shares and accrued dividends into common stock simplifies the capital structure and reduces future dividend obligations on those preferred shares.

Negatives

• The conversion of preferred shares into common stock can lead to dilution for existing common shareholders, depending on the total outstanding common shares.

Future Outlook

NA

Industry Context

This filing reflects a significant ownership stake by Hensley & Company in CISO Global, a company operating in the cybersecurity sector. While the filing itself doesn't detail industry trends, increased investment in cybersecurity firms often aligns with growing global demand for digital protection and resilience against evolving cyber threats.

Stakeholder Impact

• Shareholders: Potential dilution for existing common shareholders due to the conversion of preferred shares into common stock.
• Hensley & Company: Increased direct equity exposure and voting power in CISO Global, Inc.

Key Dates

Recommendation

This Schedule 13D filing primarily discloses a change in beneficial ownership by Hensley & Company, converting preferred shares into common stock. While the increased stake by a significant investor could be seen as a vote of confidence, the conversion itself doesn't provide new operational or financial performance data to warrant a 'buy' or 'sell' recommendation. The potential for dilution for existing common shareholders is a factor to consider. Investors should 'hold' and await further operational updates or financial results from CISO Global, Inc. to make a more informed decision.

Keywords

CISO Global, Hensley & Company, Schedule 13D, Common Stock, Preferred Stock Conversion, Beneficial Ownership, Investment, Cybersecurity