Cyberloq Technologies, Inc. filed a Current Report on Form 8-K dated September 16, 2026, disclosing two significant corporate actions. The first involves the amendment of the company's outstanding convertible promissory notes, and the second is a restructuring of its authorized capital stock.
Regarding its debt obligations, the company entered into amended, restated, and consolidated promissory notes with all holders on September 12, 2026. Under the terms of the Restated Notes, the consolidated principal amount for each holder bears no ordinary interest from September 1, 2026, through September 1, 2028. The principal is due and payable in cash on September 1, 2028. If the principal is not paid by that date, it will bear default interest at a rate of 12% per annum beginning September 2, 2028.
The Restated Notes also provide for the conversion of accrued and unpaid interest through August 31, 2026, into shares of the company’s common stock at a conversion price of $0.10 per share. Upon the issuance of these shares, all other conversion rights under the prior notes are waived and terminated. As a result of this restructuring, the company will have no outstanding convertible debt once the shares due under the Restated Notes are issued.
In a separate filing with the Nevada Secretary of State on September 16, 2026, the company filed a Certificate of Amendment to its Articles of Incorporation. This amendment, which was approved by a majority of the company’s voting power on September 15, 2026, changes the authorized share structure. The company is now authorized to issue 300,000,000 shares of Class A Voting Common Stock, 200,000,000 shares of Class B Non-Voting Common Stock, 30,000 shares of Series A Preferred Stock, and 50,000 shares of Series B Preferred Stock.
Under the amendment, each share of the company’s Common Stock issued and outstanding immediately before the amendment’s effectiveness was automatically redesignated as one share of Class A Voting Common Stock. The Class B Non-Voting Common Stock has no voting rights and is not entitled to dividends or other distributions. No shares of Class B Non-Voting Common Stock were issued at this time.