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Cyberloq Technologies ( (CLOQ) ) has issued an announcement.
On May 29, 2025, Cyberloq Technologies amended its articles of incorporation to create a new class of stock, Series B Preferred Stock, consisting of 50,000 shares at a par value of $0.001 per share. This stock class has no voting rights, dividend entitlements, or liquidation preferences, but it can convert into common stock upon the sale of the company, indicating a strategic move to potentially attract investors by offering conversion benefits in the event of a company sale.
More about Cyberloq Technologies
Average Trading Volume: 11,413
Technical Sentiment Signal: Sell
Current Market Cap: $26.85M
Find detailed analytics on CLOQ stock on TipRanks’ Stock Analysis page.