Scottsdale, AZ & Irvine, CA – January 14, 2022 – Boustead Securities, LLC (“Boustead”) client Cerberus Cyber Sentinel Corporation, a Managed Compliance and Cybersecurity Provider (MCCP) based in Scottsdale, Ariz., announced that the company’s common stock has been approved for listing on the Nasdaq with trading effective at market open today, Friday, January 14. Previously, the company’s common stock traded through the OTC Markets Group, starting in June 2020. The shares will continue to trade under the ticker symbol, “CISO”.
Cerberus Sentinel, and its subsidiaries, offer a holistic approach to cybersecurity to help enterprise customers secure their operations, including data, intellectual property, and applications. Through its MCCP+ (managed compliance and cybersecurity provider + culture) solution, Cerberus Sentinel creates a culture of security from end-to-end utilizing and responding to the needs of each customer.
Enterprises that partner with Cerberus Sentinel are provided a roadmap and team to help them safeguard their organizations, including assessments and testing, remediation, security operation center, incident response, as well as training, monitoring, and alerting, compliance, and ongoing advisement by their virtual chief information security officer service (CISOs).
“The listing of our stock on Nasdaq represents a significant milestone in our growth as we continue executing our business plan,” said David Jemmett, CEO and founder of Cerberus Sentinel. “We believe this listing will increase our visibility in the marketplace, improve liquidity, and enhance our ability to attract and retain talented cybersecurity professionals."
"We believe cybersecurity is a culture, not just a product. Our focus is to bring together cybersecurity professionals to help cultivate a culture of security for our global customers. I would like to thank our co-workers, directors and our many partners for their hard work in helping us reach this important new starting point."
Cerberus Sentinel has acquired a few cybersecurity organizations throughout the United States in the last few years. Recently, the company expanded internationally with the acquisition of Arkavia Networks in Chile.
Boustead Securities, LLC acted as the sole underwriter for the offering. Gray Reed & McGraw LLP served as counsel to CISO, Michelman & Robinson LLP served as counsel to the underwriter.
About Cerberus Sentinel
Cerberus Sentinel is an industry leader in Managed Cybersecurity and Compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations.
About Boustead Securities, LLC
Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit: www.boustead1828.com
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