Current Report Filing (8-k)
24 May 2022 - 7:21AM
Edgar (US Regulatory)
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0001437517
2022-05-20
2022-05-20
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iso4217:USD
xbrli:shares
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) May 20, 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
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
May 20, 2022, Cyberloq Technologies, Inc., a Nevada corporation (the “Company”) received the approval of a majority of the
shareholders of its issued and outstanding shares of common stock, by written consent without a meeting of the shareholders, for an amendment
to its Articles of Incorporation that increases the number of shares of common stock authorized from 100,000,000 to 200,000,000 (the
“Amendment”).
The
shareholders approved the Amendment upon the recommendation of the Board of Directors, which determined that the increase was advisable
in order to permit the Company to raise additional capital to fund the Company’s expenses moving forward and so that it
can meet its obligations under the separation agreement with its former CTO as well as the software development costs associated with
upgrading the Cyberloq source code and infrastructure as well as the Company’s planned up-listing to the OTCQB in the coming weeks.
The additional authorized shares are also intended to permit the Company to sell additional shares of stock in future private placements
or public offerings as the Company intends to raise approximately $2,000,000 to fund its operations and obligations through the end of
2023. A Certificate of Amendment has been filed with the Secretary of State of the State of Nevada to implement the increase in authorized
shares and is pending filing.
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:
May 23, 2022 |
|
|
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