secwatch.observer — SEC 8-K summary
======================================

Issuer:     Quantum Cyber N.V. (QUCY)
CIK:        0001874252
Form:       8-K
Filed at:   2026-05-18T20:05:31+00:00
Accession:  0001213900-26-058427
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum Cyber licenses drone/cyber IP from BP United for $5M cash and 20M shares
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874252/000121390026058427/0001213900-26-058427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874252/000121390026058427/ea0291236-8k_quantum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-058427

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer