Cerberus Cyber Sentinel, which provides tailored security solutions through consulting and related services, postponed its IPO on Tuesday. It had filed to raise $10 million by offering 2 million shares at $5. The company is currently listed on the OTCQB (CISO).
The company states that it provides a full range of cybersecurity consulting and related services, encompassing all pillars of cybersecurity, compliance, and culture, including Secured Managed Services, Compliance Services, SOC Services, Virtual CISO (vCISO) Services, Incident Response, Certified Forensics, Technical Assessments, and Cybersecurity Training.
The Scottsdale, AZ-based company was founded in 2015 and booked $12 million in revenue for the 12 months ended September 30, 2021. It had planned to list on the Nasdaq under the symbol CISO. Boustead Securities was set to be the sole bookrunner on the deal.
