---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015882"
form_type: "8-K"
ticker: "TGCB"
cik: "0001815632"
company_name: "Tego Cyber, Inc."
filed_at: "2024-12-26T23:59:59+00:00"
generated_at: "2026-05-28T23:21:55.699850+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tego Cyber acquires CloudCover patents for 11M shares + 3M Series B Preferred; includes break-up fee options

## Summary
- Purchased two US patents: No. 8,832,833 and 10,326,777 (Integrated Data Traffic Monitoring System).
- Consideration: 11,000,000 restricted common shares and 3,000,000 Series B Preferred shares ($5 face value).
- T2 transaction to acquire substantially all CloudCover assets must close within 180 days, else buyer may unwind.
- Break-up fee up to $9M if buyer unwinds after accessing proprietary cyber insurance and zero-day detection systems.
- Patent monetization triggers termination of unwind right; right of first refusal on remaining CloudCover IP.

## SEC filing metadata
- accession: 0001654954-24-015882
- form_type: 8-K
- ticker: TGCB
- cik: 0001815632
- company_name: Tego Cyber, Inc.
- filed_at: 2024-12-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1815632/000165495424015882/0001654954-24-015882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1815632/000165495424015882/tego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015882
- JSON: https://secwatch.observer/filing/0001654954-24-015882.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015882.txt

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