secwatch.observer — SEC 8-K summary
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Issuer:     CYBERLOQ TECHNOLOGIES, INC. (CLOQ)
CIK:        0001437517
Form:       8-K
Filed at:   2023-09-27T23:59:59+00:00
Accession:  0001493152-23-034401
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyberloq Technologies enters integration agreement with QRails; pays $100k, will receive $5k/month API fee
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- Agreement integrates CyberloQ's multi-factor security into QRails' card processing platform.
- Cyberloq to pay QRails $100,000 in installments; QRails pays minimum $5,000/month API fee for six months.
- Integration starts immediately; completion expected in Q2 or Q3 2024.
- Integration also covers XTM, Inc., which acquired QRails in August 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437517/000149315223034401/0001493152-23-034401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437517/000149315223034401/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-034401

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