CyberloQ Technologies, Inc. (OTCQB: CLOQ) announced on October 14, 2026, that it has made significant progress in its financial restructuring and strategic technology-development initiatives. The company has restructured its outstanding convertible notes, eliminating conversion rights associated with prior notes. Under the amended arrangements, approximately $850,000 in accrued and unpaid interest has been converted into shares of common stock at $0.10 per share. Participating noteholders also agreed to suspend ordinary interest accrual from September 1, 2026, through September 1, 2028. This restructuring is intended to reduce outstanding obligations, improve financial flexibility, and support management's longer-term operating strategy.
In addition to the balance-sheet improvements, CyberloQ's voting stockholders have authorized an increase in the company's share structure, including 200 million shares of Class B non-voting common stock. This authorization supports the strategic CyberlogiQ joint venture with Michigan Secure Capital Group Corp. (MSCG). The collaboration has now entered its initial technology-integration phase, with teams from both companies beginning coordinated work to align their complementary cybersecurity, authentication, and digital-trust capabilities. The joint venture aims to provide a structured environment for developing and commercializing integrated cybersecurity products and future authorized technology services. This initial phase emphasizes technical coordination, evaluation of integration requirements, and development planning.
Management Commentary: “These developments represent important steps forward for CyberloQ as we strengthen our financial position and advance our strategic collaboration with MSCG,” stated Chris Jackson, President and CEO of CyberloQ Technologies, Inc. “Our initial integration activities are underway, and we believe the combination of our respective technologies creates opportunities for future product development and commercial expansion. We look forward to providing shareholders with additional technical updates and product-development milestones as our teams advance this initiative.”
The restructuring and joint venture are critical for CyberloQ as they address both financial and operational challenges. By eliminating conversion rights and converting accrued interest into equity, the company reduces its debt overhang and potential dilution from future conversions. The interest suspension provides near-term cash flow relief, allowing CyberloQ to focus resources on technology integration and product development. The joint venture with MSCG could accelerate the commercialization of integrated cybersecurity solutions, potentially opening new revenue streams and enhancing the company's competitive position in the digital-trust market. For shareholders, these moves signal a strategic shift toward stabilizing the balance sheet and executing on growth initiatives. However, risks remain, including technology-development challenges, commercial adoption, and financing requirements. The company intends to provide further updates on material developments in its technology integration, product initiatives, and strategic commercialization activities as appropriate.
Additional information regarding the Company is available at www.cyberloq.com. The original release can be viewed on www.newmediawire.com, as distributed by NEWMEDIAWIRE.
