UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) September 2, 2022
CYBERLOQ TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-56264 | 26-2118480 | |
(Commission File Number) | (IRS Employer Identification No.) |
4837 Swift Road Suite 210-1, Sarasota, FL | 34231 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (612) 961-4536
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock | CLOQ | 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 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
On September 2, 2022, Cyberloq Technologies, Inc., a Nevada corporation (the “Company”) received a notice of default related to the February 28, 2022 separation agreement with Mark Carten due to the Company’s failure to make payment of $163,333.30 to Mr. Carten for the redemption of 1,633,333 of Mr. Carten’s common shares of the Company as per the terms of their agreement. The Company attempted to negotiate a revised agreement to avoid default, but was unable to do so. If the Company fails to make payment to Mr. Carten within the ten-day notice period, Mr. Carten can then declare the agreement terminated and all of the not-yet-redeemed shares owned by Mr. Carten will become freely transferable.
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 07, 2022 |