CLOQ 8-K
Cyberloq Technologies, Inc. (CLOQ)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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of the Securities Exchange Act of 1934
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On July 31, 2024, Cyberloq Technologies, Inc., a Nevada corporation (the “Company”) received the approval of a majority of the shareholders of its issued and outstanding shares of common stock, by written consent without a meeting of the shareholders, for an amendment to its Articles of Incorporation that increases the number of shares of common stock authorized from 200,000,000 to 300,000,000 (the “Amendment”).
The shareholders approved the Amendment upon the recommendation of the Board of Directors, which determined that the increase was advisable in order to permit the Company to raise additional capital to fund the Company’s expenses moving forward and so that it can continue to fund software development costs associated with upgrading the Cyberloq source code and infrastructure. The additional authorized shares are also intended to permit the Company to sell additional shares of stock in future private placements or public offerings as the Company intends to raise up to $3,000,000 to fund its operations and obligations through the end of 2025. A Certificate of Amendment has been filed with the Secretary of State of the State of Nevada to implement the increase in authorized shares.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CYBERLOQ TECHNOLOGIES, INC. (Registrant) | ||
| By: | /s/ Christopher Jackson | |
| Christopher Jackson, President | ||
| Date: August 1, 2024 | ||