Quantum Cyber N.V. (MYNZ) Form 8-K — May 18, 2026
Quantum Cyber N.V. (QUCY) entered into an Intellectual Property License Agreement with BP United Inc. on May 12, 2026, granting the company an exclusive, perpetual, and fully paid-up worldwide license to certain technology applicable to drones and cyber applications. The consideration for this license is $5 million in cash and 20 million restricted shares of QUCY common stock, subject to satisfaction of conditions precedent including IP due diligence and corrective patent filings within 90 days.
Key figures
- Advisor Share Price
- 0.4
- Cash Consideration
- 5000000
- Lockup Period Months
- 6
- Shares Issued To Advisor
- 5000000
- Shares Issued To Licensor
- 20000000
- Volume Restriction Percent
- 5
- Total Shares Issued
- 25000000
- Advisory Term Months
- 12
- Condition Precedent Days
- 90
Price after filing
Close on the filing date to close N calendar days later (from $3.30). Historical, not a forecast.
AI analysis
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