{"url_path":"/sec/qcls/8-k/2026-07-02/item-1-02","section_key":"item-1-02","section_title":"Item 1.02 Termination of a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-02","source_url":"https://www.sec.gov/Archives/edgar/data/1321834/0001493152-26-031946-index.html","accession_number":"0001493152-26-031946","cik":"0001321834","ticker":"QCLS","issuer_name":"Q/C TECHNOLOGIES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1321834/0001493152-26-031946-index.html","primary_entity_key":"0001321834","primary_entity_name":"Q/C TECHNOLOGIES, INC."},"word_count":182,"has_tables":true,"body_markdown":"**Item\n1.02 Termination of a Material Definitive Agreement.**\n\n \n\nOn\nJune 26, 2026, Q/C Technologies, Inc. (the “Company”) provided notice of its intention to terminate that certain Technology\nLicense and Development Agreement, dated as of September 2, 2025 (the “License Agreement”), by and among LightSolver Ltd.\n(“LightSolver”), LPU Holdings LLC (“LPU”), a wholly owned subsidiary of the Company, and, solely with respect\nto Sections  7.3, 7.7 and 12.12 of the License Agreement, the Company, effective as of June 26, 2026 (the “Termination Date”).\nPursuant to the License Agreement, LightSolver granted LPU, amongst other things, an exclusive license to use and commercialize its proprietary\nlaser processing hardware units (LPUs) specifically configured for cryptocurrency mining applications (the “Machines”) and\nits proprietary intangible technology necessary or useful to utilize the Machines solely for cryptocurrency mining applications. On the\nTermination Date, the License Agreement terminated in accordance with its terms (the “Termination”).\n\n \n\nIn\naccordance with the License Agreement, LPU is automatically and immediately\nrelieved from its obligation to make any additional milestone payments to LightSolver, and LightSolver has no right to receive any further\ncontingent consideration thereunder."}