secwatch.observer — SEC 8-K summary
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Issuer:     Quantum Cyber N.V. (QUCY)
CIK:        0001874252
Form:       8-K
Filed at:   2026-06-15T20:06:01+00:00
Accession:  0001213900-26-068778
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum Cyber signs exclusive quantum antenna license with Project LightShift for $1M cash + $5M stock
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- Consideration: $1M cash plus $5M in restricted shares, vesting over eight quarters with six-month lock-up.
- Exclusive worldwide license for quantum photonic array technology for defense drone applications.
- Prototype milestone: LightShift to deliver prototype by Dec 31, 2026; company has 120-day right of first negotiation for commercialization.
- Company can terminate license if prototype not delivered by March 31, 2027; unvested shares clawed back, vested shares repurchased at $0.001/share.
- Voting agreement: LightShift agrees to vote all shares from the license in favor of board-recommended proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874252/000121390026068778/0001213900-26-068778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874252/000121390026068778/ea0294736-8k_quantum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-068778

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