Cerberus sentinel announces termination of public offering of common stock

Scottsdale, ariz., feb. 16, 2023 (globe newswire) -- via investorwire -- cerberus cyber sentinel corporation (“cerberus sentinel” or the “company”) (nasdaq: ciso), an industry leader as a managed cybersecurity and compliance provider, based in scottsdale, ariz., today announced that it has terminated the underwritten public offering of its common stock previously announced on feb. 13, 2023. the termination results from an assessment by the company's management that current market conditions are not conducive for this offering on terms that would be in the best interests of the company's stockholders. as a result of such termination, no shares of common stock will be sold pursuant to the offering.
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