---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-001438"
form_type: "8-K"
ticker: null
cik: "0001609988"
company_name: "flooidCX Corp."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:28:59.887041+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# flooidCX Corp and Quantum Energy terminate merger agreement as of March 21, 2024

## Summary
- Merger agreement dated March 23, 2023 terminated; both parties released from all liabilities.
- flooidCX (FLCX) and Quantum Energy (QREE) continue as separate entities on OTC Markets.
- Planned changes to management, company name, and trading symbol will not occur.
- Inductance Energy Corp remains a wholly owned subsidiary of Quantum Energy.
- Termination was amicable and deemed in the best interest of shareholders.

## SEC filing metadata
- accession: 0001477932-24-001438
- form_type: 8-K
- cik: 0001609988
- company_name: flooidCX Corp.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609988/000147793224001438/0001477932-24-001438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609988/000147793224001438/flcx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-001438
- JSON: https://secwatch.observer/filing/0001477932-24-001438.json
- Plain text: https://secwatch.observer/filing/0001477932-24-001438.txt

## Key facts
- Material Agreements
  flooidCX Corp. terminated Agreement and Plan of Merger with Quantum Energy, Inc. valued at Termination of the merger agreement released parties from all liabilities (effective 2024-03-21).
  - Action: termination
  - Agreement: merger
  - Counterparty: Quantum Energy, Inc.
  - Value: Termination of the merger agreement released parties from all liabilities
  - Effective: 2024-03-21
  source text: the parties entered into a termination agreement which officially terminated the merger and the merger agreement, and released the parties from all liabilities related thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609988/000147793224001438/0001477932-24-001438-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.