Item 8.01 Other Events.

On February 13, 2023, Cyberloq Technologies Inc., a Nevada corporation ("Cyberloq" or the "Company") executed a non-binding letter of intent with Paneleven Limited, a United Kingdom limited company ("Paneleven") with respect to a potential transaction which, if consummated, would result in combining Paneleven's platform with the Cyberloq security suite. The parties are now in an exclusive negotiation period for the next thirty days. This potential transaction isin its preliminary stages and is subject to, among other things, continuing due diligence of the parties, as well as the negotiation and execution of a definitive agreement. There can be no assurances that the parties will enter into a definitive agreement or that, even if such an agreement is entered into, that the transaction will be consummated.





Forward Looking Statements

Certain statements made in this Current Report on Form 8-K, and oral statements made from time to time by representatives of the Company are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Statements regarding the potential transaction and expectations regarding the potential transaction are "forward looking statements." In addition, words such as "estimates," "projected," "expects," "estimated," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.





Non-Solicitation

The disclosure herein is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of the Company.

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