Crossword Cybersecurity Plc (AIM:CCS) acquired Threat Status Limited on for £1.6 million March 14, 2022. An initial cash payment of £500,210, On the first anniversary of the transaction, a cash payment of £281,758 and £171,942 in Company stock; On the second anniversary of the transaction, a cash payment of £125,000 and £450,000 in Company stock; and All shares will be issued at a price based on the average mid-market price for the three months prior to the date of issue. For year ended March 31, 2021 Threat Status reported a Net asset of £75,586. Jon, Ian and their team of developers and apprentices will join Crossword.

Crossword Cybersecurity Plc (AIM:CCS) completed the acquisition of Threat Status Limited March 14, 2022.