UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
(Commission File Number) |
(IRS Employer Identification No.) | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s
telephone number, including area code (
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
OTC Pink |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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)) |
Item 1.02 Termination of a Material Definitive Agreement.
On September 13, 2022, Cyberloq Technologies, Inc., a Nevada corporation (the “Company”) received a notice of termination of the February 28, 2022 separation and common stock redemption agreements with Mark Carten. The basis for the termination was the Company’s failure to make payment of $163,333.30 to Mr. Carten that was due on September 1, 2022 for the redemption of 1,633,333 of Mr. Carten’s common shares of the Company. The Company attempted to negotiate a revised agreement to avoid default, but was unable to do so. As a result of the termination, all of the not-yet-redeemed shares owned by Mr. Carten (4,900,000 common shares) are freely transferable, and the Common Stock Settlement Liability will no longer appear on the Company’s balance sheet.
SIGNATURES
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.
CYBERLOQ TECHNOLOGIES, INC. (Registrant) | ||
By: | /s/ Christopher Jackson | |
Christopher Jackson, President | ||
Date: September 15, 2022 |
Cover |
Sep. 13, 2022 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Sep. 13, 2022 |
Entity File Number | 000-56264 |
Entity Registrant Name | CYBERLOQ TECHNOLOGIES, INC. |
Entity Central Index Key | 0001437517 |
Entity Tax Identification Number | 26-2118480 |
Entity Incorporation, State or Country Code | NV |
Entity Address, Address Line One | 4837 Swift Road Suite 210-1 |
Entity Address, City or Town | Sarasota |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 34231 |
City Area Code | 612 |
Local Phone Number | 961-4536 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock |
Trading Symbol | CLOQ |
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