Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
On May 20, 2022, Cyberloq Technologies, Inc., a Nevada corporation (the
"Company") received the approval of a majority of the shareholders of its issued
and outstanding shares of common stock, by written consent without a meeting of
the shareholders, for an amendment to its Articles of Incorporation that
increases the number of shares of common stock authorized from 100,000,000 to
200,000,000 (the "Amendment").
The shareholders approved the Amendment upon the recommendation of the Board of
Directors, which determined that the increase was advisable in order to permit
the Company to raise additional capital to fund the Company's expenses moving
forward and so that it can meet its obligations under the separation agreement
with its former CTO as well as the software development costs associated with
upgrading the Cyberloq source code and infrastructure as well as the Company's
planned up-listing to the OTCQB in the coming weeks. The additional authorized
shares are also intended to permit the Company to sell additional shares of
stock in future private placements or public offerings as the Company intends to
raise approximately $2,000,000 to fund its operations and obligations through
the end of 2023. A Certificate of Amendment has been filed with the Secretary of
State of the State of Nevada to implement the increase in authorized shares and
is pending filing.
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CYBERLOQ TECHNOLOGIES, INC. 
