other material
confidence high
sentiment neutral
materiality 0.70
Cyberloq restructures convertible notes, creates dual-class common stock
CYBERLOQ TECHNOLOGIES, INC.
- Restated Notes with all convertible note holders; principal due Sept 1 2028, no ordinary interest until then, 12% default after.
- Accrued interest through Aug 31 2026 converts to common stock at $0.10/share; all prior conversion rights terminated.
- After conversion shares issued, company will have no outstanding convertible debt.
- Articles amended: existing common becomes Class A Voting; authorizes 300M Class A, 200M Class B non-voting, no shares issued.
- Amendment approved by majority of voting power via written consent on Sept 15, 2026; filed Sept 16, 2026.