CyberloQ entered into an Operating Agreement with Michigan Secure Capital Group to form a 50/50 joint venture to develop, integrate, and commercialize cybersecurity, authentication, compliance, and wallet technologies. The venture is manager-managed with MSCG holding operational authority, subject to specified CyberloQ approvals, and distributable cash will be split equally after costs. CyberloQ will make available its CyberloQ and CyberloQ Secure technologies and contribute 200,000,000 shares of Class B Non-Voting Common Stock to the venture, which cannot be sold or encumbered without CyberloQ’s consent. MSCG will provide management, compliance oversight, commercialization capabilities, and approved technology access, with ownership of pre-existing IP retained by each party.
Agreement details:
- Agreement type: Operating Agreement establishing a 50/50 joint venture
- Counterparty: Michigan Secure Capital Group
- Signed / Effective: Sep 29 2026 / same
- Duration / Termination: At will
- Reason: Develop and commercialize cybersecurity and wallet technologies
Original SEC Filing: CYBERLOQ TECHNOLOGIES, INC. [ CLOQ ] – 8-K – Oct. 01, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
