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GoLogiq, Inc.

gologiq.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 14, 2023. Its latest SEC filing is a 144 from Nov 6, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Provides a platform that lets small and midsize businesses build mobile apps, alongside mobile payment and local food-delivery platforms.

Who Were Their Customers?

Small and midsize businesses across industries are the target customers. The company describes reaching them through direct sales or regional partners and resellers; in licensed territories, the service is billed separately to the end user.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q3 FY2023, the three months to Sep 30, 2023
Revenue
▼ −100%
vs $335K in Q3 FY2022
Net income
▼ −55% (Loss)
vs −$677.2K in Q3 FY2022
  • Apr 3, 2024 Amends Recruiter license agreement, lowering the royalty rate The royalty rate falls from 8% to 5%, and Recruiter grants GoLogiq a warrant to buy 292,000 shares.
  • Feb 28, 2024 Grants Recruiter an exclusive worldwide license to fintech products Recruiter receives rights to develop and sell CreateApp, Paylogiq, Gologiq and Radix products for 10 years, with royalties on net sales.
  • Feb 9, 2024 Board says prior financial statements should no longer be relied upon The board said the audited statements for 2022 and interim statements for the first three quarterly periods of 2023 should no longer be relied upon; it planned a re-audit.
  • Jul 27, 2023 Agrees to acquire Symplefy in a share exchange The agreement exchanges Symplefy shares for GoLogiq stock, with additional stock payments tied to Symplefy reaching customer milestones.

From personal finance to business apps The earlier proposal for an income-and-expense tracker and possible physical wallet was replaced by a platform for small and midsize businesses to build mobile apps, with mobile payment and local delivery products alongside it.

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