SCHEDULE: JC Associates Discloses 7.35% Stake in CISO Global

JC Associates, Inc. has reported a beneficial ownership of 7.35% of CISO Global, Inc.'s common stock, totaling 3,238,712 shares.

Summary

• JC Associates, Inc. has filed an Amendment No. 1 to Schedule 13G, disclosing its ownership in CISO Global, Inc.
• The reporting person, JC Associates, Inc., beneficially owns 3,238,712 shares of CISO Global, Inc. common stock.
• This ownership represents 7.35% of the class of securities.
• JC Associates, Inc. holds sole voting power over 3,192,044 shares and shared voting power over 3,238,712 shares.
• The entity also has sole dispositive power over 3,192,044 shares and shared dispositive power over 3,238,712 shares.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, except for activities solely related to nominations under Rule 14a-11.

Sentiment

Score: 6

Explanation: The disclosure of a significant ownership stake by an institutional investor is generally a neutral to slightly positive signal, indicating a substantial investment in the company without explicit negative implications within the filing itself.

Positives

• A significant institutional ownership stake of 7.35% by JC Associates, Inc. indicates a notable investment in CISO Global, Inc.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing reflects a change in institutional ownership for CISO Global, Inc., a cybersecurity company. Such disclosures are common and provide transparency regarding significant stakes held by investment firms or other entities, which can sometimes signal confidence in the company's future within its competitive industry.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant ownership, potentially signaling institutional confidence.
• Management: Awareness of a substantial shareholder with a 7.35% stake.

Key Dates

Keywords

CISO Global, JC Associates, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership, SEC Filing, Equity Stake