UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 18, 2020
Cipherloc Corporation
(Exact name of registrant as specified in its charter)
Texas | 000-28745 | 86-0837077 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
IRS Employer Identification No.) |
6836 Bee Caves Road
Building 1, Suite 279
Austin, TX 78746
(Address of principal executive offices)
Registrant’s telephone number, including area code: (512) 772-4245
N/A
(Former name or former address, if changed since last report)
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 12, 2020, Dr. Milton Mattox resigned as the Chief Operating Officer of Cipherloc Corporation (the “Company’). Dr. Mattox’s resignation was not the result of any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Company’s board of directors. The Company has accepted Mr. Mattox’s resignation which will be effective following a transition to the Company’s new Chief Technology Officer, Nicholas Hnatiw, who was appointed to this position on November 18, 2020.
Set forth below is the biographical information of Mr. Hnatiw, as required by Item 401 of Regulation S-K.
Nicholas Hnatiw, age 40, has more than 15 years of experience creating software technologies from network security to artificial intelligence. Mr. Hnatiw has led the design and development of a security risk assessment SaaS platform, run a security monitoring service with a custom-built next generation automation and SIEM system. Prior to the Company, Mr. Hnatiw served as the technical director for network operations supporting U.S. Cyber Command, U.S. Intelligence Agencies, and other Department of Defense research organizations from October 2010 to October 2014. From June 2015 to September 2019, Mr. Hnatiw was the Chief Executive Officer of Loki Labs, a cyber security firm. Mr. Hnatiw is also currently a consultant with Cuesta Partners (since January 2020); a partner and Chief Technology Officer of Sidechannel Security (since February 2020), and the Chief Technology Officer of RealCISO.io (since October 2020). Mr. Hnatiw earned a bachelor of science degree in computer engineering and computer science at the University of Massachusetts, Amherst.
Item 8.01 Other Events.
On November 24, 2020, the Company issued a press release announcing the appointment of Mr. Hnatiw as Chief Technology Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description | |
99.1 | Press release, dated November 24, 2020 |
-2- |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated November 25, 2020
CIPHERLOC CORPORATION | ||
By: | /s/ Ryan Polk | |
Ryan Polk | ||
Chief Financial Officer |
-3- |
Exhibit 99.1
Cipherloc Appoints Nick Hnatiw as CTO
AUSTIN, TX – November 24, 2020 – Cipherloc Corporation (OTCQB:CLOK) (“CipherLoc”), a developer of advanced encryption technology, announced the appointment of Nick Hnatiw as Chief Technology Officer, bringing additional leadership experience in the information security, department of defense and commercial communities to Cipherloc.
“As we continue our drive to commercial activity, Nick brings additional experience to both our government and commercial initiatives,” said David Chasteen, CEO of Cipherloc. “Cipherloc has taken significant steps in 2020 to move our vision forward, including a refocused, lean operating structure and significant progress on our partnership efforts. We are excited to welcome Nick to the team as to work to bring these efforts to full fruition ahead.”
“I am excited to join the Cipherloc team as we transition to full commercial operations,” said Nick Hnatiw, CTO of Cipherloc. “Cipherloc’s unique encryption capabilities are well documented and now in the hands of a growing number of key partners and distributors able to deploy our technologies into mission critical applications. I look forward to helping advance our technology and roll out our first commercial deployments ahead.”
Hnatiw has more than 15 years of experience creating software technologies from network security to artificial intelligence. Nick has led the design and development of a security risk assessment SaaS platform, run a security monitoring service with a custom-built next generation automation and SIEM system. Prior to this, Nick served as the technical director for network operations supporting US Cyber Command, US Intelligence Agencies, and other Department of Defense research organizations. Hnatiw earned a BS in computer engineering and computer science at the University of Massachusetts, Amherst.
Additionally, Dr. Milton Mattox, Chief Operating Officer, announced his departure from Cipherloc.
“We wish to thank Milton for his dedication to bringing Cipherloc through this transition and wish him well in his next role” said Chasteen. “He has been an important part of our development, testing and partnership programs, all of which have been enhanced through his contributions to our success.”
About Cipherloc Corporation (OTCQB: CLOK)
Cipherloc Corporation provides advanced technology and expertise to secure your data Cipherloc Corporation provides advanced technology and expertise to secure your data and safeguard your privacy with the speed you need today and the agility you’ll need tomorrow. Our patented Polymorphic Encryption technology provides a layer of security that is stronger, adaptable, and scalable across a variety of applications and systems. Learn more at www.cipherloc.net.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
Investor Contact:
Matt Kreps
Darrow Associates Investor Relations
214-597-8200
mkreps@darrowir.com
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