Wednesday, September 14, 2022 6:49:43 PM
On December 27, 2021, Cyberlux Corporation announced the Company acquired 100% of Kreatx SHPK in a transaction
comprised of both shares of common stock valued between $0.020 and $0.25, and a cash component paid out over a oneyear earnout period, with certain equity incentives for continued revenue growth levels, project implementation milestones,
and technology and intellectual property development objectives. Cyberlux intends to make strategic investments for
ongoing technology development and working capital investments for further global business expansion. Kreatx, a
developer of innovative software solutions, has extensive knowledge and experience in building SaaS solutions and enduser applications, which will fuel Cyberlux in building its global end-to-end SaaS solutions required by both government and
commercial customers. With this transaction, Kreatx will add to the foundation of the Cyberlux Digital Platform Solutions
(Cyberlux DPS) business unit, which will advance and drive the Cyberlux strategy for its new Cyberlux Digital Software
Platform, a core business grow strategy in 2022.
.https://www.otcmarkets.com/otcapi/company/financial-report/346648/content
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