8-Kfiled May 18, 2026, 4:05 PM ETticker QUCYCIK 0001874252
other materialconfidence highsentiment neutralmateriality 0.65
Quantum Cyber licenses drone/cyber IP from BP United for $5M cash and 20M shares
Quantum Cyber N.V.
Exclusive, perpetual, worldwide license to BP United's IP (patents, trademarks, know-how) for drones and cyber applications.
Consideration: $5M cash plus 20M restricted shares (6-month lock-up, 5% volume restriction) at prior closing price.
Conditions precedent: satisfactory IP due diligence, USPTO corrective filings, and execution of securities purchase agreement; Company may terminate if unmet within 90 days.
Entered Advisory Agreement with Alexander Gurevich: 5M restricted shares at $0.40 for strategic advisory (12-month term).
Appointed Peter O'Rourke as director effective May 13, 2026; he has government/defense background.
Effective as of May 13, 2026, to fill vacancy in the composition of the Board of Directors (the “Board”), the Board of the Company appointed Peter O’Rourke to serve as a director
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Peter O'Rourke was appointed as Director at Quantum Cyber N.V..
Action
appointed
Role
Director
Exact text from the filing
Effective as of May 13, 2026, to fill vacancy in the composition of the Board of Directors (the “Board”), the Board of the Company appointed Peter O’Rourke to serve as a director
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