secwatch.observer — SEC 8-K summary
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Issuer:     CYBERLOQ TECHNOLOGIES, INC. (CLOQ)
CIK:        0001437517
Form:       8-K
Filed at:   2022-09-15T23:59:59+00:00
Accession:  0001493152-22-025931
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Cyberloq's stock redemption agreement with Mark Carten terminated after payment default
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- Company failed to pay $163,333.30 due Sept 1, 2022 for redemption of 1,633,333 shares.
- Termination frees 4,900,000 common shares held by Mark Carten from redemption restrictions.
- Common Stock Settlement Liability will be removed from balance sheet.
- Negotiations to revise agreement failed; termination effective Sept 13, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437517/000149315222025931/0001493152-22-025931-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437517/000149315222025931/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-025931

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