Evidence Record

Legal Declaration with Exhibits - Austin Priddy, Counsel for Legalist SPV III, LP

1. My name is Austin Priddy. I am more than 21 years of age and competent to make this declaration, which is based on my personal knowledge.

Type
judgment
Date
2024-2026
Pages
39
Lines
1522
SHA-256
5399a90aa435

DISTIL analysis

DISTIL Run
Profile
Skeletal
Version
1
Doc Type
Legal Declaration with Exhibits
Total Nodes
26
Node Legend
Entity (ENT)
Event (EVT)
Claim (CLM)
Anchor (ANC)
Omission (OMI)
Tension (TEN)
Tell (TEL)
Inference (INF)
Hypothesis (HYP)
Stage 1
Index
Orientation · No nodes
Document Classification
Legal Declaration with Exhibits Austin Priddy, Counsel for Legalist SPV III, LP Commercial litigation, receivership enforcement, interpleader dispute 2024-2026
multi-jurisdictionalreceivershipinterpleadersecured_financing
Analytical Frame
Collection action involving judgment creditors, secured creditor, and federal contract proceeds
Analytical Summary
This declaration supports Legalist SPV III, LP's position in a complex receivership and interpleader matter involving Cyberlux Corporation. The document establishes that Legalist provided $3,083,639.75 to satisfy an underlying judgment and terminate a receivership in Texas, as part of a larger financing arrangement totaling approximately $14 million in indebtedness as of May 2026. The exhibits include email correspondence confirming payment agreements, a receiver's memorandum claiming priority to $25.7 million in government contract proceeds, and UCC lien filings securing Legalist's interests. The core dispute centers on distribution priority among multiple creditors claiming rights to HII Mission Technologies contract proceeds following termination for convenience.
Key Points
  • Legalist wired $3,083,639.75 to satisfy judgment and terminate receivership
  • Total Cyberlux indebtedness to Legalist: $13,997,282.46 as of May 26, 2026
  • Government contract corpus of $25.7M subject to multiple creditor claims
  • Receiver claims 25% fee priority over interpleaded funds
  • UCC-1 financing statement filed in Nevada on April 1, 2024
Stage 2
Core — Entities, Events, Claims
26 nodes
ENT-001
Entity
Austin Priddy
Austin Priddy, attorney serving as counsel for Plaintiff-Intervenor Legalist SRV III, LP in the Harris County matter and familiar with collection efforts including Virginia Interpleader proceedings.
Page 1 — My name is Austin Priddy. I am more than 21 years of age and competent to make this declaration, which is based on my personal knowledge. I am counsel for Plaintiff-Intervenor Legalist SRV III, LP ("Legalist") in the above-styled matter.
ENT-002
Entity
Legalist SPV III, LP
Legalist SPV III, LP, a secured creditor and plaintiff-intervenor providing government purchase order financing to Cyberlux Corporation under a March 27, 2024 financing agreement.
Page 33 — On March 27, 2024, Legalist entered into a Government Purchase Order Financing Agreement with Cyberlux, whereby Legalist would provide a line of credit for Cyberlux to fund operational expenses (the "Financing Agreement"). Beginning in April 2024, Legalist made a number of capital advances to Cyberlux under the Financing Agreement, including by wiring $3,083,639.75 to the Receiver in the instant action for the purpose of satisfying the underlying judgment and terminating the receivership.
ENT-003
Entity
Cyberlux Corporation
Cyberlux Corporation, a defense contractor and judgment debtor selling unmanned aerial vehicles, subject to receivership proceedings and owing multiple creditors including approximately $14 million to Legalist.
Page 14, 18 — On August 29, 2023, Cyberlux, a defense contractor selling unmanned aerial vehicles, entered into Subcontract No. P000043846 (the "Subcontract"). Cyberlux is a judgment debtor- as it relates to Atlantic Wave and numerous other creditors. To date the Receiver is aware of at least $70 million debt Cyberlux owes to various creditors.
ENT-004
Entity
Robert W. Berleth (Receiver)
Robert W. Berleth, appointed as Receiver for Cyberlux Corporation by the 129th District Court of Harris County, Texas on January 16, 2025, with authority to marshal assets and claiming 25% fee on recovered funds.
Page 15, 22 — On January 16, 2025, the Texas Court established the Receivership. On May 22, 2025, following various unsuccessful attempts by Cyberlux to undercut the Receivership (including two unsuccessful efforts to remove the case to the Southern District of Texas), the Texas Court reduced its oral order to a written Order Appointing Receiver (the "Order"). The Order provides that the Receiver's fees and expenses "are considered costs of court" and entitles the Receiver to a fee of "25% of all sales of assets that come into his actual, constructive, or legal possession, and all recoveries and credits against the judgment."
ENT-005
Entity
HII Mission Technologies Corp.
HII Mission Technologies Corp., prime contractor with the U.S. Government that subcontracted with Cyberlux and initiated interpleader action over $25.7 million in disputed contract proceeds.
Page 10, 13, 14 — In September 2014, the United States awarded HII a federal contract, Prime Contract No: GS00Q140ADU109; Task/Delivery Order No. 47QFCA22F00039 and Technical Direction Letter 1-023 (the "Prime Contract"), supporting the Department of Navy and the General Services Administration, the Federal Systems Integration and Management Center. On August 29, 2023, Cyberlux, a defense contractor selling unmanned aerial vehicles, entered into Subcontract No. P000043846 (the "Subcontract"). Despite the existence of an authorized state receivership action that pre-dates this litigation, on June 24, 2025, Plaintiff HII Mission Technologies Corp. ("HII") filed its Complaint for Interpleader.
ENT-006
Entity
Atlantic Wave Holdings, LLC
Atlantic Wave Holdings, LLC, a judgment creditor of Cyberlux and Secure Community, LLC, holding a Virginia final judgment in the principal amount of $1,572,500 domesticated in Texas.
Page 15 — On or around August 24, 2022, Atlantic Wave and Secure Community sued Cyberlux and Schmidt, individually in Virginia for breach of contract. The suit resulted in an agreed final judgment in the principal amount of $1,572,500 (the "Virginia Final Judgment"). On July 7, 2024, pursuant to the Uniform Enforcement of Foreign Judgment Act, Atlantic Wave filed a Petition to Enforce a Foreign Judgment, domesticating the Virginia Final Judgment against Cyberlux and Schmidt in the Texas Court.
ENT-007
Entity
Brian Stout
Brian Stout, Investment Lead of Government Receivables for Legalist SPV III, LP since February 2024, responsible for managing the Cyberlux financing relationship.
Page 33 — My name is Brian Stout. I am more than 21 years of age and competent to make this declaration, which is based on my personal knowledge. I work for Legalist SPV III, LP ("Legalist) as Investment Lead of Government Receivables. I have held this position since February 2024.
ENT-008
Entity
Mark Schmidt
Mark Schmidt, CEO of Cyberlux Corporation and individual judgment debtor, with historical officer roles in related entities including Atlantic Wave Holdings.
Page 10, 15 — Mark D. Schmidt ("Schmidt") is CEO for Cyberlux. Schmidt has also served as an officer for Atlantic Wave. The Court can take judicial notice of the publicly filed documents on Virginia's State Corporation Commission website from Atlantic Wave's May 11, 2021 filing, wherein Schmidt signs the filing as President of Atlantic Wave. The Receiver was also appointed as the Receiver over Schmidt, individually.
EVT-001
Event
Legalist-Cyberlux Financing Agreement
On March 27, 2024, Legalist SPV III, LP entered into a Government Purchase Order Financing Agreement with Cyberlux Corporation to provide a line of credit for operational expenses.
Page 33 — On March 27, 2024, Legalist entered into a Government Purchase Order Financing Agreement with Cyberlux, whereby Legalist would provide a line of credit for Cyberlux to fund operational expenses (the "Financing Agreement").
EVT-002
Event
UCC-1 Filing in Nevada
On April 1, 2024, Legalist filed UCC-1 Financing Statement 2024395945-0 with Nevada Secretary of State securing all assets of Cyberlux Corporation.
Page 30, 31, 32 — Initial Filing Number 2024395945-0. Filed On April 1, 2024 11:49 AM. 1a. ORGANIZATION'S NAME CYBERLUX CORPORATION. 3a. ORGANIZATION'S NAME LEGALIST SPV III, LP. 4. COLLATERAL: This financing statement covers the following collateral: ALL ASSETS.
EVT-003
Event
Receivership Appointment
On January 16, 2025, the 129th District Court of Harris County, Texas established receivership over Cyberlux Corporation and Mark Schmidt, appointing Robert W. Berleth as Receiver.
Page 15 — On January 16, 2025, the Texas Court established the Receivership. On May 22, 2025, following various unsuccessful attempts by Cyberlux to undercut the Receivership (including two unsuccessful efforts to remove the case to the Southern District of Texas), the Texas Court reduced its oral order to a written Order Appointing Receiver (the "Order").
EVT-004
Event
Prime Contract Termination for Convenience
On May 13, 2024, the U.S. Government terminated the HII prime contract for convenience, causing HII to terminate the Cyberlux subcontract on May 17, 2024.
Page 14 — On May 13, 2024, the Prime Contract was terminated for convenience (a "T4C"), which then caused HII to terminate the Subcontract for convenience as well on May 17, 2024.
EVT-005
Event
Receiver Takes Physical Possession
On May 23, 2025, Receiver Robert Berleth took physical possession of the Cyberlux manufacturing facility in Spring, Texas, changing locks and securing the premises.
Page 16 — On May 23, 2025, the Receiver took physical possession of the Cyberlux manufacturing facility located at 21631 Rhodes Road, Spring, Texas 77388, and changed the locks to the building, took precursory inventory, and secured the entire premises.
EVT-006
Event
Final Inventory Shipment
On or about May 30, 2025, Cyberlux through the Receiver's efforts completed shipment of inventory to the Government under Modification No. 4, with the final truck departing the manufacturing facility.
Page 14, 16 — On or about May 30, 2025, Cyberlux, through the Receiver's direct efforts, completed shipment of the inventory to be shipped to the Government under Mod. 4. Working with the parties, the Receiver coordinated the final shipments of Government property over the next several weeks, with the final truck departing the manufacturing facility on May 30, 2025.
EVT-007
Event
Legalist Payment to Receiver
In June 2025, Legalist wired $3,083,639.75 to the Receiver for the purpose of satisfying the underlying judgment and terminating the receivership.
Page 33 — Beginning in April 2024, Legalist made a number of capital advances to Cyberlux under the Financing Agreement, including by wiring $3,083,639.75 to the Receiver in the instant action for the purpose of satisfying the underlying judgment and terminating the receivership.
EVT-008
Event
Cyberlux Agrees to Surplus Return
On June 10, 2025, via email, Cyberlux counsel Alex Pennetti confirmed agreement that any surplus funds leftover at the end of enforcement proceedings would be returned directly to Legalist.
Page 4 — From: Austin Priddy Sent: Tuesday, June 10, 2025 3:49 PM. Assuming Legalist makes the payment today, does Cyberlux agree that any surplus leftover at the end of the enforcement proceeding will be returned directly to Legalist? For example, if the total payment amount is reduced below ~3.1mm due to a lower judgment amount or a lower receiver fee, Cyberlux agrees any excess funds would be returned directly to Legalist? From: Pennetti, Alex. Sent: Tuesday, June 10, 2025 4:06 PM. Cyberlux is agreed.
EVT-009
Event
HII Files Interpleader Action
On June 24, 2025, HII Mission Technologies Corp. filed Complaint for Interpleader in the Eastern District of Virginia to resolve competing claims to $25,769,369.03 owed to Cyberlux.
Page 10, 15 — Despite the existence of an authorized state receivership action that pre-dates this litigation, on June 24, 2025, Plaintiff HII Mission Technologies Corp. ("HII") filed its Complaint for Interpleader (the "Complaint") pursuant to 28 U.S.C. § 1335, requesting that this Court allow HII to interplead certain funds into this Court's Registry that are, or may be, owed to Cyberlux, but are subject to multiple claims. As a result, HII received a total of $25,769,369.03, which, subject to setoff and recoupment under § 7 of Mod. 4, may otherwise be or become payable to Cyberlux under the Subcontract.
EVT-010
Event
HII Final Payment Receipt
On July 15, 2025, HII received final payment from the U.S. Government on the Prime Contract in relation to Cyberlux in the amount of $23,012,114.64.
Page 15 — On July 15, 2025, HII received final payment from the Government on the Prime Contract in relation to Cyberlux in the amount of $23,012,114.64.
EVT-011
Event
Receiver Files Summary Judgment Motion
On April 15, 2026, Receiver Robert Berleth filed Memorandum of Law in Support of Motion for Summary Judgment in the Virginia Interpleader case, claiming entitlement to 25% of corpus or $5,934,234.39.
Page 10, 23 — Dated: April 15, 2026. ROBERT W. BERLETH, as RECEIVER. Interpleader Defendant/Claimant, Robert W. Berleth, as Receiver (the "Receiver"), by counsel, pursuant to Fed. R. Civ. P. 56 and Local Civil Rule 56, submits this Memorandum of Law in Support of his Motion for Summary Judgment. Therefore, the Receiver is entitled to summary judgment for his fees, in the amount of 25% of the remaining Corpus, or $5,934,234.39.
EVT-012
Event
Declaration Executed
On May 28 and May 29, 2026, Brian Stout and Austin Priddy executed declarations supporting Legalist's position, filed in Harris County District Court.
Page 2, 33 — Executed on May 29, 2026, in Tarrant County, Texas. Austin Priddy. I declare under penalty of perjury that the foregoing is true and correct. Executed on May 28, 2026, in New London County, State of Connecticut. Signed by: Brian Stout.
CLM-001
Claim
Legalist's Total Indebtedness Claim
As of May 26, 2026, Cyberlux's total indebtedness to Legalist is $13,997,282.46, comprising principal of $10,033,639.75, unpaid interest of $3,176,212.23, fees, and legal costs.
Page 33, 35 — As of May 26, 2026 Cyberlux's total indebtedness to Legalist is $13,997,282.46. Principal $10,033,639.75. Unpaid Interest $3,176,212.23. Commitment Fee $112,500.00. Forbearance Fees $53,000.00. Paid Legal Fees $411,743.60. Unpaid Legal Fees $210,186.88. Total Balance $13,997,282.46.
CLM-002
Claim
Receiver's Fee Claim
The Receiver claims entitlement to 25% of the remaining Corpus ($5,934,234.39) as fees and costs, with priority as administrative expenses, based on his role in marshaling assets and making the corpus available.
Page 22, 23, 25 — The Receiver is entitled to his fees and costs from the Corpus with respect to the Receivership and the entitlement of funds from the Corpus following his direct involvement in ensuring the Corpus, in its entirety, was available for the Receiver or this Court to determine how Cyberlux's legitimate creditors would be paid. Therefore, the Receiver is entitled to summary judgment for his fees, in the amount of 25% of the remaining Corpus, or $5,934,234.39. The Receiver's fees, as administrative fee with priority over unsecured creditors pursuant to the Order and substantially similar to 11 U.S.C. § 507(a)(2): 25% of the Corpus or $5,934,234.39.
CLM-003
Claim
Cyberlux Total Debt
The Receiver is aware of at least $70 million in debt that Cyberlux owes to various creditors, with total interpleader claims exceeding $52 million including the Receiver's fee.
Page 17, 23 — To date the Receiver is aware of at least $70 million debt Cyberlux owes to various creditors. In total, the Interpleader Defendants (not including the Receiver), which do not encompass all of Cyberlux's creditors, claim at least $46,327,789.98. Including the Receiver, the claims in this Interpleader Action, total $52,262,024.37.
CLM-004
Claim
Atlantic Wave Judgment Amount
Atlantic Wave and Secure Community claim $6,025,603.42 (not inclusive of interest) based on the domesticated Virginia final judgment of $1,572,500 principal plus accrued post-judgment interest and fees.
Page 3, 15, 23 — The suit resulted in an agreed final judgment in the principal amount of $1,572,500 (the "Virginia Final Judgment"). Atlantic Wave and Secure Community claim $6,025,603.42, not inclusive of interest (per Interrogatory Answer). Judgment $1,572,500.00. Post-Judgment $420,121.22. Attys Fees (Trial) $187,863.69. Attys Fees (RO) $1,750.00. Receiver's Fee $765,113.62. Expenses $83,341.22. Grady Attorney's Fees $21,697.50. Vargo Attorney's Fees $21,880.00. Caudle Attorney's Fees $9,392.50. Total 3,083,639.75. As of: 6/9/2025.
CLM-005
Claim
Corpus Availability
The Corpus available for distribution totals $23,736,937.56 deposited in the Court's Registry after deductions for Fairfax County garnishment payment ($1,444,543.11) and HII's legal fees ($587,888.36) from the original $25,769,369.03.
Page 15, 16 — As a result, HII received a total of $25,769,369.03, which, subject to setoff and recoupment under § 7 of Mod. 4, may otherwise be or become payable to Cyberlux under the Subcontract. On July 22, 2025, and August 15, 2025, the Circuit Court for Fairfax County ordered the payment of $1,444,543.11 into that court's registry, which was then paid to Atlantic Wave. HII incurred costs and attorneys' fees in connection with this matter totaling $587,888.36, which was recouped from the Corpus. The Corpus, not inclusive of interest earned, available for distribution totals $23,736,937.56.
CLM-006
Claim
Legalist Secured Claim as of Receivership
The Receiver proposes Legalist's secured claim for the amount owed as of May 22, 2025 (date of receivership order) is $7,313,627.17, distinguishing this from post-receivership advances totaling $5,891,115.71.
Page 25, 26 — Legalist's secured claim for the amount owed as of May 22, 2025: $7,313,627.17. This would leave approximately $15,273,534.05 of the Corpus. May 22, 2025 is the date the Order was signed establishing the Receivership. Any action taken after this date would have required authority from the Receiver. The remaining claims represent Legalist's remaining balance of $5,891,115.71, which is money lent and interest earned following the Receivership.

Extracted text

39 pages · 64956 characters

Plaintiffs/judgment-Creditors V — Formatted Extract

Type: judgment
Filing Header

By: Shanelle Taylor Filed: 5/29/2026 1:16 PM

CAUSE NO. 2024-48085

ATLANTIC WAVE HOLDINGS, LLC AND SECURE COMMUNITY, LLC,

PLAINTIFFS/JUDGMENT-CREDITORS,

V. § § CYBERLUX CORPORATION AND MARK SCHMIDT, INDIVIDUALLY, §

DEFENDANTS/JUDGMENT-DEBTORS.

§ IN THE DISTRICT COURT OF

§ §

§ § § 129TH JUDICIAL DISTRICT

§

§ HARRIS COUNTY, TEXAS

DECLARATION OF AUSTIN PRIDDY
1.
My name is Austin Priddy. I am more than 21 years of age and competent to make this declaration, which is based on my personal knowledge.
2.
I am counsel for Plaintiff-Intervenor Legalist SRV III, LP ("Legalist") in the above-styled matter. In my capacity as counsel, I am familiar with the facts and circumstances surrounding the above-styled matter and Legalist's efforts to collect amounts owed from Cyberlux, including in the interpleader matter currently pending in the Eastern District of Virginia styled HII Mission Technologies Corp. v. Cyberlux Corporation et al., Civil Action No. 3:25-cv-483-JAG (the "Virginia Interpleader").
3.
Attached hereto as Exhibit A-I is a true and correct copy of the judgment calculation provided by Robert Berleth ("Receiver") in the above-styled matter.
4.
Attached hereto as Exhibit A-2 is a true and correct copy of email correspondence between myself and counsel for Cyberlux.
5.
Attached hereto as Exhibit A-3 is a true and correct copy of email correspondence between myself and the Receiver.
6.
Attached hereto as Exhibit A-4 is a true and correct copy of the memorandum of law in support of motion for summary judgment filed by the Receiver in the Virginia Interpleader.
7.
Attached hereto as Exhibit A-5 is a true and correct copy of Legalist's UCC lien filed in Nevada.
I declare under penalty of perjury that the foregoing is true and correct.

Executed on May 29, 2026, in Tarrant County, Texas.

AmPly

Austin Priddy

Unofficial Copy Office of Marilyn Burgess District Clerk

EXHIBIT A-1

Order

Amount

Judgment

$1,572,500.00 12.00%

Pre-Judgment

$0.00 0.00%

Post-Judgment

$420,121.22

Attys Fees (Trial)

$187,863.69 Cler

Attys Fees (RO)

$1,750.00

Receiver's Fee

$765,113.62 Rict

Expenses

$83,341.22

Grady Attorney's Fees

$21,69.50

Vargo Attorney's Fees

$21,880.00 Kan

Caudle Attorney's Fees

$9,392.50 Unofficial Copy for of Marilyn

Total

3,083,639.75

As of: 6/9/2025

Austin Priddy

From:

Pennetti, Alex <APennetti@thompsoncoburn.com>

Sent:

Tuesday, June 10, 2025 4:06 PM

To:

Austin Priddy

Cc:

Brown, Jeffrey N .; Jeff Prostok; Lang, Douglas S .; Brown, Jeffrey N.

Subject:

RE: Wire

Cyberlux is agreed.

Alex Pennetti apennetti@thompsoncoburn.com P: 972 629 7168 F: 972 629 7171

Thompson Coburn LLP 2100 Ross Avenue Suite 3200 Dallas, TX 75201 www.thompsoncoburn.com

From: Austin Priddy <Austin.Priddy@vhh.law> Sent: Tuesday, June 10, 2025 4:01 PM To: Pennetti, Alex <APennetti@thompsoncoburn.com> Cc: Brown, Jeffrey N. < JBrown@thompsoncoburn.com>; Jeff Prostok <jeff.prostok@vhh.law>; Lang, Douglas S. <DLang@thompsoncoburn.com>; Brown, Jeffrey N. < JBrown@thompsoncoburn.com> Subject: FW: Wire

RECEIVED FROM EXTERNAL SENDER - USE CAUTION

Alex - For the sake of a clear paper trail, please confirm that Cyberlux agrees to the highlighted directly below.

From: Austin Priddy Sent: Tuesday, June 10, 2025 3:49 PM To: Pennetti, Alex <APennetti@thompsoncoburn.com>; Brown, Jeffrey N. < JBrown@thompsoncoburn.com>; Jeff Prostok <jeff.prostok@vhh.law> Cc: Lang, Douglas S. < DLang@thompsoncoburn.com> Subject: RE: Wire

Alex,

unofficial spy dice LE Mariletto Burgess District Clerk

Assuming Legalist makes the payment today, does Cyberlux agree that any surplus leftover at the end of the enforcement proceeding will be returned directly to Legalist? For example, if the total payment amount is reduced below ~3.1mm due to a lower judgment amount or a lower receiver fee, Cyberlux agrees any excess funds would be returned directly to Legalist?

-Austin

To: Brown, Jeffrey N. < JBrown@thompsoncoburn.com>; Jeff Prostok <jeff.prostok@vhh.law> Cc: Austin Priddy <Austin.Priddy@vhh.law>; Lang, Douglas S. < DLang@thompsoncoburn.com> Subject: RE: Wire

Hi, guys - just tried calling.

Any word?

Alex Pennetti apennetti@thompsoncoburn.com P: 972 629 7168 F: 972 629 7171

Thompson Coburn LLP 2100 Ross Avenue Suite 3200 Dallas, TX 75201 www.thompsoncoburn.com

From: Pennetti, Alex Sent: Tuesday, June 10, 2025 1:14 PM To: Brown, Jeffrey N. < JBrown@thompsoncoburn.com>; Jeff Prostok <jeff.prostok@vhh.law> Cc: Austin Priddy <Austin.Priddy@vhh.law>; Lang, Douglas S. < DLang@thomasoncoburn.com> Subject: RE: Wire

Jeff/Austin:

For what it's worth, about 2 years ago, as part of the original credit agreement, Legalist was assigned the HII A/R, and HII acknowledged it.

This is the only way to get rid of the receivership. Cyberlux will sign whatever is needed with Legalist to make this happen.

We have serious concerns that waiting on a response from HII will be harmful to both our clients, given that the Receiver admitted in open court that he'd exceeded his authority by coordinating with other creditors.

Alex Pennetti apennetti@thompsoncoburn.com P: 972 629 7168 F: 972 629 7171

Thompson Coburn LLP 2100 Ross Avenue Suite 3200 Dallas, TX 75201 www.thompsoncoburn.com

ocial Copy Offoged, Of idaril'en Burgwal District Clerk

From: Brown, Jeffrey N. < Brown@thompsoncoburn.com> Sent: Tuesday, June 10, 2025 1:05 PM To: Jeff Prostok <jeff.prostok@vhh.law>; Pennetti, Alex <APennetti@thompsoncoburn.com> Cc: Austin Priddy <Austin.Priddy@vhh.law>; Lang, Douglas S. < DLang@thompsoncoburn.com> Subject: Wire

Jeff: Alex and I tried to reach you. We need to talk, please. The wire must be sent today.

Thank you, Jeff.

Jeffrey N. Brown jbrown@thompsoncoburn.com

P: 310 282 9418 F: 310 282 2501

Thompson Coburn LLP 10100 Santa Monica Boulevard Suite 500 Los Angeles, CA 90067 www.thompsoncoburn.com

CONFIDENTIALITY NOTE: This message and any attachments are from a law firm. They are solely for the use of the intended recipient and may contain privileged, confidential or other legally protected information. If you are not the intended recipient, please destroy all copies without reading or disclosing their contents and notify the sender of the error by reply e-mail.

CONFIDENTIALITY NOTE: This message and any attachments are from a law firm. They are solely for the use of the intended recipient and may contain privileged, confidential or other legally protected information. If you are not the intended recipient, please destroy all copies without reading or disclosing their contents and notify the sender of the error by reply e-mail.

Unofficial Copy Office of Marilyn Burgess District Clerk

Austin Priddy

From:

Austin Priddy

Sent:

Friday, June 27, 2025 9:31 AM

To:

Robert Berleth; Jeff Prostok

Subject:

RE: Legalist Participation

Attachments:

Judgment Calculation Cyberlux.pdf

Robert,

As Legalist is not a party to the matter, we are not provided with updates from the Court. And Cyberlux has not told us anything about a settlement conference. Our understanding based on the last hearing we attended on June 12 is that the judgment has been satisfied in full based on Legalist wiring you the attached judgment amount. Cyberlux indicated at the hearing that they plan to challenge the judgment and fee amount, which is their prerogative. Legalist is not challenging anything-they simply wanted to make the payment to ensure that sufficient funds were in place to satisfy the judgment, terminate the receivership, and get everyone paid. If the landscape has changed and additional funds are in play to pay other creditors, please let us know. Legalist reserves all rights to seek funds to which it is legally entitled.

Thanks, -Austin

From: Robert Berleth <rberleth@berlethlaw.com> Sent: Friday, June 27, 2025 8:01 AM To: Austin Priddy <Austin.Priddy@vhh.law>; Jeff Prostok<jeff.prostok@vhh.law> Subject: RE: Legalist Participation

You don't often get email from rberleth@berlethlaw.com. Learn why this is important

Anaficial Certy Office of Marilyn Burgess werk

But you also haven't asked me to collect the funds for legalist or even told me how much is owed. I'll take your lack of action and communication as a "no".

I understand legalist amd cyberlux are trying to keep the receiver's fees down. Smart. Best of luck in your collection efforts and be well.

R

Original message From: Austin Priddy <Austin.Priddy@vhh.law> Date: 6/26/25 8:13 PM (GMT-06:00) To: Robert Berleth <rberleth@berlethlaw.com>, Jeff Prostok <jeff.prostok@vhh.law> Subject: Re: Legalist Participation

Robert,

We haven't been made aware of a settlement conference. What's the status on that?

Thanks, -Austin

Get Outlook for IOS

From: Robert Berleth <rberleth@berlethlaw.com> Sent: Thursday, June 26, 2025 4:15 PM To: Jeff Prostok <jeff.prostok@vhh.law> Cc: Austin Priddy <Austin.Priddy@vhh.law> Subject: Legalist Participation

Jeff,

Is Legalist simply going to skip participating in settlement conference, and seek remedy for collecting on Cyberlux outside the receivership?

Warmly, Robert Berleth Attorney-at-Law

By

Berleth& Associates, PLLC

Serious. Collections. Attorneys.

9950
Cypresswood Drive, Suite 200 Houston, Texas 77070 E-mail: rberleth@berlethlaw.com Tele: 713-588-6900 Fax: 713-481-0894 www.berlethlaw.com

ton nal " official Ormy Office of Marilyn Burgess District Clerk

THIS IS AN ATTEMPT BY A DEBT COLLECTOR TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. YOU ARE NOW COMMUNICATING WITH A DEBT COLLECTOR.

CONFIDENTIAL NOTICE: This document and or documents are intended only for the use of the individual or entity to which it is addressed and may contain information that is subject to attorney-client privilege, patient confidentiality, and/or is otherwise exempt from disclosure under applicable law. If the reader of this document and or documents, is not the intended recipient or the employee or agent responsible for delivering the document and or documents to the intended recipients, you are hereby notified that any dissemination, distributing, or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by telephone and return the original message to us at P.O. Box 692293, Houston, TX 77269-2293 via US Postal Services. We will reimburse any costs you incur in notifying us and returning the document to us. Thank you in advance for your cooperation.

NO TAX ADVICE: Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, the above attorney would be pleased to perform the requisite

research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

Unofficial Copy Office of Marilyn Burgess District Clerk

EXHIBIT A-4

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA Richmond Division

HII MISSION TECHNOLOGIES CORP.,

§

Interpleader Plaintiff,

§

V.

$ §

§

CYBERLUX CORP., et al.,

§

Interpleader Defendants/Claimants.

§

Civil Action No. 3:25-cv-483

INTERPLEADER DEFENDANT'S, ROBERT W. BERLETH, AS RECEIVER, MEMORANDUM OF LAW IN SUPPORT OF MOTION FOR SUMMARY JUDGMENT

Interpleader Defendant/Claimant, Robert W. Berleth, as Receiver (the "Receiver"), by counsel, pursuant to Fed. R. Civ. P. 56 and Local Civil Rule 56, submits this Memorandum of Law in Support of his Motion for Summary Judgment.

WUnofficial copy offiles of Marlen Burgess Lofrict Cler

INTRODUCTION

Despite the existence of an authorized state receivership action that pre-dates this litigation, on June 24, 2025, Plaintiff HII Mission Technologies Corp. ("HII") filed its Complaint for Interpleader (the "Complaint") pursuant to 28 U.S.C. § 1335, requesting that this Court allow HII to interplead certain funds into this Court's Registry that are, or may be, owed to Cyberlux, but are subject to multiple claims.After HII amended the Complaint on August 4, 2025, the present interpleader defendants consist of the following parties: (1) Cyberlux Corporation ("Cyberlux")1; (2) Atlantic Wave Holdings, LLC ("Atlantic Wave")2; (3) Secure Community, LLC ("Secure Community"){(4) Legalist SPV III, LP ("Legalist"); (5) United States of America ("USA"); (6)

1
Mark D. Schmidt ("Schmidt") is CEO for Cyberlux.
2
Schmidt has also served as an officer for Atlantic Wave. Attached as Exhibit A is a May 11, 2021 Statement of Principal Office Change signed by Mark Schmidt as President. The Court can take judicial notice of the publicly filed documents on Virginia's State Corporation Commission website from Atlantic Wave's May 11, 2021 filing, wherein Schmidt signs the filing as President of Atlantic Wave. See infra n.8.

Advanced Navigation and Positioning Corporation ("ANPC"); (7) the Receiver; (8) Assure Global LLC d/b/a WeShield ("WeShield"); (9) Roman Investments PR LLC ("Roman Investments"); (10) MAS USA MGT LLC ("MAS"); (11) Michael Sinensky ("Mr. Sinensky" and together with WeShield, MAS, and Roman Investments, the "Sinensky_Creditors"); (12) Fairwinds Technologies LLC ("Fairwinds"); (13) Thin Air Gear, LLC ("TAG"); and (14) ARG Group, LLC ("ARG") (together, the "Interpleader Defendants"). With the exception of the Sinesky Creditors, Fairwinds, TAG, and ARG who filed motions to intervene, these are parties selected by HII to be a part of this action.3 But, there are a number of other creditors of Cyberlux who likely claim an interest in the funds at issue, but may not have notice of this interpleader action.

The Receiver's interest arises from the Texas court's appointment of him as the Receiver and then also from his efforts to ensure that there were funds available in the first instance. Indeed, without the Receiver, no creditor would be able to make a claim to the interpleaded funds HII owed to Cyberlux totaling $25,769,369.03 (the "Corpus").4 The Receiver was instrumental in ensuring that the Corpus was due and owed to Cyberlux, through the Receiver, for satisfaction of Cyberlux's requirements pursuant to the agreement between HII and Cyberlux. In fact, none of the funds would be available to any creditor, but for the Receiver's efforts. See Berleth Decl. attached as Exhibit B. These efforts began in earnest on January 16, 2025, when the 129th District Court for Harris County, Texas (the "Texas Court"), Cause No. 2024-48085, established the

3
Notably, HIL included TAG and ARG, among others, in their initial Complaint for Interpleader, but did not include TAG, ARG, and certain others in its Amended Complaint for Interpleader.
4
The Corpus constitutes the amount that was due to Cyberlux under its subcontract with HII, which in turn, held a prime contract with the United States Government to support, among others, the Department of the Navy. The Corpus has since been reduced following a Garnishment proceeding in Fairfax Cir. Ct. and the payment of HII's legal fees. The Corpus and amount deposited into this Court's Registry, in an interest-bearing account, is $23,736,937.56.
EXHIBIT A-4

receivership for Cyberlux,5 the Judgment Debtor, and appointed the Receiver via an oral order (the "Receivership"). Immediately upon establishing the Receivership, Cyberlux began its attempts to subvert the Receivership and filed not one, but two, Notices of Removal following appointment of the Receiver. The first removal occurred on February 12, 2025, with the Federal Court remanding the action back to the Texas Court on March 27, 2025. Yet, despite the remand order, Cyberlux filed its second Notice of Removal on April 11, 2025, which resulted in another remand order dated May 14, 2025. Then, Cyberlux filed an appeal, challenging the Receiver and the Receivership. The appeal also failed. Overall, as the Receiver sought to gain control of the assets in order to fulfill his duties and obligations, Cyberlux made @very attempt to ensure it obtained control of the Corpus, which likely would lead to no creditor receiving any payment.

Because the underlying facts are not in dispute, only the proper distribution of the Corpus remains to be determined. Here, following the Receiver's actions in securing the available funds for distribution, the Receiver maintains an interest in ensuring that all amounts due and owed to Cyberlux are appropriately distributed to Cyberlux's creditors or, alternatively, to the Receiver for payment of Cyberlux's debts, but not to Cyberlux directly. Thus, the Receiver is entitled to the Corpus, or at a minimum his portion of the Corpus, in the amount of $5,934,234.39, or 25% of the remaining Corpus6, and summary judgment should be granted to him.

LEGAL STANDARD

Pursuant to Federal Rule 56(a), "[t]he court shall grant summary judgment if the movant shows that there is no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law." In assessing whether a movant is entitled to summary judgment, "[a] genuine

5
The Receiver was also appointed as the Receiver over Schmidt, individually.
6
Twenty-five percent of the entire Corpus that was recovered amounts to $6,442,342.25.
EXHIBIT A-4

issue concerning a material fact only arises when the evidence, viewed in the light most favorable to the non-moving party, is sufficient to allow a reasonable trier of fact to return a verdict in that party's favor. Rhoades v. United States Army Corps of Engineers, No. 3:22-CV-728-HEH, 2023 WL 3981271, at *3 (E.D. Va. June 13, 2023) (citing JKC Holding Co. LLC v. Washington Sports Ventures, Inc., 264 F.3d 459, 465 (4th Cir. 2001)).

A simple allegation of a dispute of fact is not enough to defeat a summary judgment motion; rather, "[o]nly disputes over facts which might affect the outcome of the suit under the governing law will properly preclude the entry of summary judgment. Factual disputes that are irrelevant or unnecessary will not be counted." Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248 (1986). "The mere existence of some alleged factual dispute between the parties ... will not defeat an otherwise properly supported motion for summary judgment; the requirement is that there be no genuine issue of material fact." Hooven-Lewis v. Caldera, 249 F.3d 259, 265 (4th Cir. 2001) (emphasis in original) (citing Anderson, 477 U.S. at 247-48). When the record here is viewed consistent with this standard, summary judgment in favor of the Receiver is appropriate.

STATEMENT OF UNDISPUTED FACTS

Pursuant to Local Civil Rule 56(B), the Receiver lists the following material facts that the Receiver contends there is no genuine issue:

Cyberlux Contract and Payment of Corpus
1.
In September 2014, the United States awarded HII a federal contract, Prime Contract No: GS00Q140ADU109; Task/Delivery Order No. 47QFCA22F00039 and Technical Direction Letter 1-023 (the "Prime Contract"), supporting the Department of Navy and the General Services Administration, the Federal Systems Integration and Management Center. 1st Am. Compl. 118; Berleth Decl. 16.
EXHIBIT A-4
2.
On August 29, 2023, Cyberlux, a defense contractor selling unmanned aerial vehicles, entered into Subcontract No. P000043846 (the "Subcontract"). 1st Am. Compl. [ 17; Berleth Decl. 17.
3.
On May 13, 2024, the Prime Contract was terminated for convenience (a "T4C"), which then caused HII to terminate the Subcontract for convenience as well on May 17, 2024. 1st Am. Compl. 11 20-21; Berleth Decl. 18.
4.
Consistent with 48 FAR 52.249-2, which requires the prime contractor to settle with subcontractors after a T4C, HII and Cyberlux executed Modification No. 4 to Subcontract No. P000043846 to Effectuate a Termination Settlement, effective February 26, 2025 ("Mod. 4"). 1st Am. Compl. 1 23; Berleth Decl. 19.

Unoficial Copy Office of Marilyn Burgess District Clarke

5.
Among other provisions, Mod. 4 required Cyberlux to make shipment and delivery of certain inventory in accordance with the direction of the Government. 1st Am. Compl. 1 24; Berleth Decl. 19.
6.
On May 28, 2025, HII received a partial payment from the Government in the amount of $2,757,254.39 related to termination and stop work costs under Mod. 4, under which HII and Cyberlux also agreed on the amounts payable to Cyberlux under the Subcontract in connection with the T4C of the Subcontract and prior stop work orders. 1st Am. Compl. 125-26; Berleth Decl. | 14.
7.
On or about May 30, 2025, Cyberlux, through the Receiver's direct efforts, completed shipment of the inventory to be shipped to the Government under Mod. 4. 1st Am. Compl. 127; Berleth Decl. 115.
8.
On July 3, 2025, HII submitted an additional invoice to the Government in connection with the completed shipment by Cyberlux and Mod. 4. 1st Am. Compl. 1 28; Berleth Decl. 116.
9.
On July 15, 2025, HII received final payment from the Government on the Prime Contract in relation to Cyberlux in the amount of $23,012,114.64. 1st Am. Compl. 1 29; Berleth Decl. 117.
10.
As a result, HII received a total of $25,769,369.03, which, subject to setoff and recoupment under § 7 of Mod. 4, may otherwise be or become payable to Cyberlux under the Subcontract. 1st Am. Compl. 130; Berleth Decl. 113.
Appointment of Receiver
11.
On or around August 24, 2022, Atlantic Wave and Secure Community sued Cyberlux and Schmidt, individually in Virginia for breach of contract. Berleth Decl. 1 10.
12.
The suit resulted in an agreed final judgment in the principal amount of $1,572,500 (the "Virginia Final Judgment"). Berleth Decl. 1 10.
13.
On July 7, 2024, pursuant to the Uniform Enforcement of Foreign Judgment Act, Atlantic Wave filed a Petition to Enforce a Foreign Judgment, domesticating the Virginia Final Judgment against Cyberlux and Schmidt in the Texas Court. Berleth Decl. 1 10.
14.
On Jamiary 16, 2025, the Texas Court established the Receivership. Berleth Decl. 1 10.
15.
On May 22, 2025, following various unsuccessful attempts by Cyberlux to undercut the Receivership (including two unsuccessful efforts to remove the case to the Southern District of Texas), the Texas Court reduced its oral order to a written Order Appointing Receiver (the "Order") (Exhibit C). Berleth Decl. | 11.
EXHIBIT A-4
16.
As a member of both NAFER7 and TATR&, Mr. Berleth is an experienced and respected receiver in state and federal courts. Berleth Decl. 13-4.
17.
On May 23, 2025, the Receiver took physical possession of the Cyberlux manufacturing facility located at 21631 Rhodes Road, Spring, Texas 77388, and changed the locks to the building, took precursory inventory, and secured the entire premises. Befleth Decl. 1 12.
18.
Working with the parties, the Receiver coordinated the final shipments of Government property over the next several weeks, with the final truck departing the manufacturing facility on May 30, 2025. Berleth Decl. 1 13.
19.
The Receiver coordinated with HII and confirmed the total payment of $25,769,369.03 from HII. Berleth Decl. 1 13.
20.
Consistent with the Order, on July 17-2025, the Receiver requested that HII seize and forward to him any funds held by HII, which funds are non-exempt assets. Berleth Decl. | 19.
21.
On July 22, 2025, and August 15, 2025, the Circuit Court for Fairfax County ordered the payment of $1,444,543.11 into that court's registry, which was then paid to Atlantic Wave. [D.N. 150.]
22.
HII incurred costs and attorneys' fees in connection with this matter totaling $587,888.36, which was recouped from the Corpus. [D.N. 150.]
23.
The Corpus, not inclusive of interest earned, available for distribution totals $23,736.937.56 [D.N. 153.]
24.
The Receiver has the ability to properly disburse the funds in accordance with the Order and anticipated subsequent orders from the Texas Court, which would give all creditors an
7
National Association of Federal Equity Receivers.
8
Texas Association of Turnover Receivers.

opportunity to be heard and submit their claims in a timely and orderly fashion to a court of proper jurisdiction. Berleth Decl. 1 21.

25.
During the Receivership, the Receiver has been contacted by no fewer than a dozen other creditors of Cyberlux, several of whom have existing outstanding judicial awards, and many others of whom have either pending litigation or contractual obligations with Cyberlux for payment, including employee back pay. Berleth Decl. 1 22.
26.
To date the Receiver is aware of at least $70 millionan debt Cyberlux owes to various creditors. Despite Cyberlux's contention otherwise in their public quarterly reports,9 the only known substantial asset of Cyberlux to pay multiple creditors is the Corpus. Berleth Decl. 1
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"The Texas 'turnover' statute allows judgment creditors to reach assets of a judgment debtor that are otherwise difficult to attach or levy on by ordinary legal process." Gillet v. ZUPT, LLC, 523 S.W.3d 749, 754 (Tex. Ct. App. 2017); see also Order 1 7 ("The appointment of a Receiver to locate, marshal, and administer assets is justified because the Court believes that non- exempt assets exist which Judge Creditors are justified in believing Debtor will hide."). "Turnover is obviously an aid to judgment creditors in obtaining satisfaction on debts." Sloan v. Douglass, 713 S.W.2d 436, 441 (Tex. Ct. App. 1986). To meet the initial burden to establish entitlement to the turnover, three elements must be met: "(1) the existence of an underlying judgment, (2) that

9
The Court can take judicial notice of Cyberlux's quarterly reports filed publicly with the Securities and Exchange Commission under Federal Rule of Evidence 201. See Zak v. Chelsea Therapeutics Int'l, Ltd., 780 F.3d 597, 607 (4th Cir. 2015) (noting "courts at any stage of a proceeding may 'judicially notice a fact that is not subject to reasonable dispute"); In re PEC Sols., Inc. Sec. Litig., 418 F.3d 379, 390 n.10 (4th Cir. 2005) (taking judicial notice of SEC filings); Bank of Am., N.A. v. Kissi, No. PWG-12-3266, 2015 WL 1210281, at *9 (D. Md. Mar. 16, 2015) (taking judicial notice of party's 10-Q at summary judgment stage).
EXHIBIT A-4

the underlying judgment remains unpaid, and (3) that the judgment debtor owns nonexempt property." Custom Coils, Inc. v. Nash, No. 12-25-00164-CV, 2026 WL 308270, at *4 (Tex. Ct. App. Feb. 4, 2026). Those elements were met, and the Texas Court appointed the Receiver. Order 1 6. The turnover statute is deemed to be remedial in nature and is construed liberally to enable collection by the judgment creditor. See Haden v. David J. Sacks, P.C., 332 S. W.34523, 530 (Tex. Ct. App. 2009) ("Because the statute is procedural and thus remedial in nature, we must adopt a construction that, in the absence of an express legislative prohibition to the contrary, will enable collection by the judgment creditor, here the law firm, against the judgment debtor, here Haden and the company."); see also Order 1 8 (holding that a Receiver) is necessary "with the power and authority to take possession of all leviable property of the Debtors"). The Receiver is entitled to take possession of Cyberlux's non-exempt property which primarily, if not exclusively includes, the Corpus.

1. The Receivership in Texas is Still in Effect.

The Order remains the operative order that the Receiver is abiding by with respect to the Receivership in place in Texas. Cyberlux is a judgment debtor- as it relates to Atlantic Wave and numerous other creditors. The Order provides the Receiver with unique powers and demands certain actions, including the exclusive possession and custody of Cyberlux's property and delivery of same to the Receiver, among other powers. See Order 110 ("Pursuant to this order, the Receiver will have a judicial lien on all non-exempt assets of the Debtor and on all non-exempt community assets of Debtor regardless of whether the Receiver takes actual possession."). In securing assets, third parties are ordered to deliver property to the Receiver within ten working days of Receiver's demand. Order | 19(a). Included in the Order is the possession of certain property including, but not limited to, Cyberlux's financial accounts, account receivables,

EXHIBIT A-4

negotiable instruments, contract rights, and other property, while remaining assured that the first receivership, the Order, controls. Order 11 14, 23, 25. The Receiver made demand on HII for the Corpus and, similarly, moved this Court for an order requiring HII deposit the Corpus into this Court's Registry in July, 2025. HII did not remit the Corpus to the Receiver, and the Court denied the Receiver's motion. The Receiver attempted to work within the confines of the Order to obtain the Corpus for distribution to creditors. Nevertheless, the Order pre-dates the instant litigation and this Court should give deference and authority to the underlying Texas Court's Order-particularly when it remains operative and permits the Receiver the authority to marshal Cyberlux's resources and assets. See generally Order.

2. This Court Should Expand the Receivership.

While the February 20, 2026, Amended (Joint) Motion to Supplement Receivership, seeking to expand the Receiver's authority was denied, the Texas Court did not terminate the Receivership or the Order. Notably, the Texas Court indicated that the issues arising from seeking permission to satisfy several judgments "are best addressed and considered in the Virginia Interpleader case."10 [D.N. 161, ERA.] The Order provides not only the authority for the Receiver to marshal Cyberlux's assets, but provides that "[t]he first receivership order signed controls. . . . The assets are in the control of the court for the first receivership." Order, 1 23. The first receivership is the Receivership. Because there can be no serial receiverships, "[t]he Receiver may obtain permission from this and other courts to satisfy several judgments against the same debtor."

10
The Receiver, with his knowledge of Cyberlux, the Corpus, and the various parties asserting a claim to the Corpus, as an agent of the Texas Court is in the best position to help resolve those claims. The Order permits this in either this matter, the Virginia Interpleader case, or the matter in Texas. This is particularly true when not all of Cyberlux's creditors are parties to the Virginia Interpleader case.
EXHIBIT A-4

Order, 123 (citing Barrera v. State, 130 S.W.3d 253 (Tex. Ct. App. 2004)).11 This Court, therefore, pursuant to Paragraph 23 of the Order, may expand the Receiver's authority, order the Corpus delivered to the Receiver, and cause the Receiver to effectuate payment to creditors (as the Receiver has attempted to do since being appointed and since HII initiated the Virginia Interpleader action in June 2025).

Because the Order permits this Court to satisfy several judgments, the interpleader action allows all interests to be remedied. Interpleader is not an extraordinary device and "the Supreme Court has emphasized that interpleader is 'remedial and to be liberally construed," and its purpose is "to 'remedy the problems posed by multiple claimants to) a single fund." AmGuard Ins.

Fire & Cas. Co. v. Tashire, 386 U.S. 523, 533 (1967)); see also Texas v. Florida, 306 U.S. 398, 405-07 (1939) (defining interpleader's purposeover centuries as "avoidance of the risk of loss ensuing from the demands in separate suits of rival claimants to the same debt or legal duty"). Given the connectedness between the Receivership, marshaling and ensuring Cyberlux's assets were available, the Receiver's goal in satisfying Cyberlux's debts, and the Interpleader, the Receiver, similarly, is working to satisfy multiple claims to the Corpus.

As part of the Receiver's obligations, the Order permitted the Receiver to, among other things, "locate, marshal, and administer assets." See Order 17. Included in the Order is the explicit

11
Even if, however, the Receivership were to be terminated or otherwise end, there are two additional filings in Harris County, Texas seeking receiverships over Cyberlux-both of which would appoint Berleth as the receiver over Cyberlux to address the multitudes of other creditors. The cases are Clayton Services, Inc. v. Cyberlux Corporation, et. al, Cause No. 202617258, 165th District Court of Harris County, Texas, and Voortman v. Cyberlux Corporation, et. al, Cause No. 202618441, 152nd District Court of Harris County, Texas. Neither case has progressed to the point where the District Courts have made the appointment of a receiver. Therefore, while the Receivership is currently still pending and the Receiver has authority pursuant to the Order, notwithstanding his role in obtaining the Corpus, Cyberlux is set to continue to be under a receivership in order to repay its debts.

acknowledgement that "[t]he unique power of a Receivership derives from the doctrine of custodia legis. Once a turnover order containing an appointment of a Receiver is signed, all of the judgment debtor's [Cyberlux] nonexempt property becomes property in custodia legis, or 'in the custody of the law."" Order 19 (citing First S. Props., Inc. v. Vallone, 533 S.E.2d 339, 343 (Tex. 1976)). More specifically, "[d]uring the pendency of a Receivership, the Receiver has exclusive possession and custody of the judgment debtor's property to which the Receivership relates." Id. In First Southern Properties, Inc., the court holds "[n]o one has authority, evenunder a prior deed of trust or execution, to sell property held in custodia legis by a duly appointed receiver, unless the sale is authorized by the court in which the receivership is pending."do, at 341 (citations omitted).

Here, the Receiver's efforts resulted in the Corpus being available to Cyberlux's creditors in the first instance, as the Receiver's Declaration makes plain. The Receiver was instrumental in ensuring that the Corpus was due and owed to Cyberlux for satisfaction of Cyberlux's requirements pursuant to the agreement between HII and Cyberlux. Accordingly, the Receiver's interest is clear and he is entitled to summary judgment for his fees and costs (25% of the remaining Corpus) in marshalling the Corpus as an available remedy to Atlantic Wave and the other creditors. However, it remains clear that he is further entitled to summary judgment for the additional authority and direction from this Court to use the Corpus to satisfy Cyberlux's debts, or at a minimum, satisfy the outstanding judgment subject to the Receivership.

3. The Receiver is Entitled to his Fee.

In addition, the Receiver is entitled to his fees and costs from the Corpus with respect to the Receivership and the entitlement of funds from the Corpus following his direct involvement in ensuring the Corpus, in its entirety, was available for the Receiver or this Court to determine how Cyberlux's legitimate creditors would be paid. The turnover statute authorizes recovery of

EXHIBIT A-4

reasonable costs in a turnover proceeding. Tex. Civ. Prac. & Rem. Code § 31.002(e). A receiver's fees are considered court costs, and a trial court may award reasonable receiver's fees. Vaccaro v. Raymond James & Assocs., 655 S.W.3d 485, 490 (Tex. Ct. App. 2022). "Whether a receiver's fee is reasonable is determined by the value of the receiver's services, including the receiver's results." Klinek v. LuxeYard, Inc., 672 S.W.3d 830, 841 (Tex. Ct. App. 2023). The Order provides that the Receiver's fees and expenses "are considered costs of the court" and entitles the Receiver to a fee of "25% of all sales of assets that come into his actual, constructive, or legal possession, and all recoveries and credits against the judgment." Order | 53. The Receiver could be entitled to 33% of "collected funds should the Receiver collect the full amount of the judgment." Id. In Klinek, like this case, "[t]he plain language of the order indicates that at the time the order was signed, the court made a final determination that a twenty-five percent fee would be reasonable." 672 S.W.3d at 842. Importantly, there is a distinction between a receiver's fee and attorneys' fees. While the Receiver is a licensed attorney, the Receiver is acting as a Receiver through counsel in this case and not as an attorney. In determining the Receiver's fees, and ultimate claim against the Corpus, Málokdothefår 39 tiden Werderapisarda. the Court should look to the factors in Bergeron v. Sessions, 561 S.W.3d 551 (Tex. Ct. App. 1997). In Bergeron, the Court set forth that "[a] receiver's compensation is to be determined by the value of his services." Id. at 554. The factors in determining value include, "the complexity and difficulty of the work," "the time spent," "the diligence and thoroughness displayed," and "the results accomplished."fd, at 554-55. As this Court can see, the matters involving Cyberlux are complex, required significant time, and have resulted in the Corpus being available to the Receiver and Cyberlux's various creditors. The Receiver was effective in ensuring the Corpus' availability. Because there would be no money for distribution at all but for the Receiver, and he meets the Bergeron factors, the Receiver is entitled to his fee in accordance with the Order. Therefore, the

Receiver is entitled to summary judgment for his fees, in the amount of 25% of the remaining Corpus, or $5,934,234.39.

4. Priorities.

The Interpleader Defendants each claim an interest in the Corpus:

a. Cyberlux claim is unknown, though presumed to be the entire Corpus;

b. Atlantic Wave and Secure Community claim $6,025,603.42, not inclusive of interest (per Interrogatory Answer);

c. Legalist claims $13,204,742.88 (per Interrogatory Answer);

d. USA claims $1,149,776.34, not inclusive of interest (per Interrogatory Answer);

e. ANPC claims $3,087,878.86 (per Interrogatory Answer);

f. WeShield claims $3,905,541.64 (per Interrogatory Answer);

g. Roman Investments claims $576,436.03 (per Interrogatory Answer);

h. MAS claims $215,062.95 (per Interrogatory Answer);

i. Mr. Sinensky claims $310,097.79 (per Interrogatory Answer);

j. Fairwinds claims $2,348,542.00 (per Interrogatory Answer);

k. TAGclaims $1,385,489.46 (per Interrogatory Answer);

1.
RG claims $14,118,618.61 (per Complaint in Intervention of the ARG Group, LLC [D.N. 155]); and

m. The Receiver claims $5,934,234.39 as his fee pursuant to the Order.

In total, the Interpleader Defendants (not including the Receiver), which do not encompass all of Cyberlux's creditors, claim at least $46,327,789.98. Including the Receiver, the claims in this Interpleader Action, total $52,262,024.37. However, not all of the claims asserted by certain

EXHIBIT A-4

Interpleader Defendants are valid, and certain claims have higher priority, such as the claim by the United States Government for Cyberlux's tax liability, as well as Legalist's secured claim for amounts that pre-date the Receivership. Similarly, because the Receiver acts like a trustee in a bankruptcy, his fees and costs are administrative expenses and have priority. See 11 U.S.C. § 507; see e.g. Va. Code § 55.1-324 (detailing how trustee under deed of trust shall first discharge the expenses of executing the trust, including a reasonable commission to the trustee). In a bankruptcy proceeding, "[a]dministrative expense claims . . . are entitled to payment as a second priority under the distribution scheme provided in the Bankruptcy Code." In re Health Diagnostic Laboratory, Inc., 557 B.R. 885, 893 (Bankr. E.D.Va. 2016). "Courts generally agree that 'an administrative expense has two defining characteristics: (1) the expense and right to payment arise after the filing of bankruptcy, and (2) the consideration supporting the right to payment provides some benefit to the estate." Id. (quoting CIT Commc'n Fin. Corp. y. Midway Airlines Corp. (In re Midway Airlines Corp.), 406 F.3d 229, 237 (4th Cir. 2005)). Here, the Receiver's right to payment arises from the Order, which is a post-judgment order, and the consideration for the Receiver's fee is his role in securing the Corpus. In fact, in Paragraph 53, the Order provides that "[t]he Receiver's fees and expenses are considered costs of court." Vaccaro v. Raymond James & Assocs., 655 S.W.3d 485,

490
(Tex. Ct. App. 2022). See Hill v. Hill, 460 S.W.3d 751, 760 n.6 (Tex. Ct. App. 2015) (in case involving § 64.001 receiver, noting that receiver's fees are entitled to priority over other creditors (citing Jordan w. Burbach, 330 S.W.2d 249, 252 (Tex. Ct. App. 1959)). Ultimately, the Corpus is sufficient to provide payment to Legalist and its secured claim that pre-dates the Receivership, to the United States Government for tax payments, and to the Receiver for his fee. Should the Court not grant summary judgment providing the Corpus to the Receiver for distribution to Cyberlux's

creditors, the Receiver proposes the following with respect to the distribution and validity of claims:

a. USA for the full amount: $1,149,776.34.

i. This would leave approximately $22,587,161.22 of the Corpus.

b. Legalist's secured claim for the amount owed as of May 22, 202512: $7,313,627.17.

i. This would leave approximately $15,2733534.05 of the Corpus.

c. The Receiver's fees, as administrative fee with priority over unsecured creditors pursuant to the Order and substantially similar to 11 U.S.C. § 507(a)(2): 25% of the Corpus or $5.934,234.39.

i. This would leave approximately $9,339,299.66 of the Corpus. However, should the Court order the entire Corpus, or the amount remaining after payments to the USA and Legalist's claim as of May 22, 2025 (approximately $15,273,534.05), the Receiver will take a profrata portion in connection with the claims set forth in (d) and (e) below.13

d. Unsecured, current party, non-insider claims. All legitimate and should be paid pro-rata:

12
May 22, 2025 is the date the Order was signed establishing the Receivership. Any action taken after this date would have required authority from the Receiver. Nevertheless, given Legalist and Cyberlux still have a business relationship and Cyberlux continues to make public disclosures in connection with obligations to the Securities and Exchange Commission, such quarterly reports indicate that Legalist and the other insider creditors should not have any issue collecting from Cyberlux.
13
The Receiver, similarly, will report to either this Court, or the Texas Court, as this Court directs, for recommendations of distributions for creditors, including the Receiver's fees, with an opportunity for each creditor to object.
(1)
ANPC: $2,926,814.39.
(2)
Thin Air Gear, LLC: $1,385,489.46.
(3)
Fairwinds Technologies: $2,348,542.00.
(4)
ARG Group (agreed reduction to commission on actual sales, not contracted amount): $4,200,000.00.
(5)
Catalyst Machineworks, LLC (Phillip Tucker and Neill Whiteley): $2,676,378.58.

e. Unsecured, non-party14 creditors, non-insider claims. Should these non- parties intervene, the claims are legitimate, as they represent claims for services related to the Subcontract of services to Cyberlux and should be paid pro-rata with paragraph 4 creditors:

(1)

(2)
Clayton Services: $786,155.07
(3)
Northwind Axis Advisory: $36,691.95
(4)
Martin Leasing Corp: $36,009.40
(5)
3rd Gen. Development: $342,478.34

The remaining claims represent Legalist's remaining balance of $5,891,115.71, which is money lent and interest earned following the Receivership, as well as a number of insiders or invalid claims, as the agreements made with Cyberlux were done outside the Receiver's Knowledge of approval, and without authority by Cyberlux pursuant to the Order. While in Receivership, a number of parties entered into agreements, or caused judgments and security agreements to be entered. Similarly, certain Interpleader Defendants are "insiders" as defined by

14
The Receiver expects certain of these non-parties to file a Motion to Intervene.

the bankruptcy code. "The bankruptcy code defines insider, in pertinent part, as an 'affiliate, or insider of an affiliate as if such affiliate were the debtor.' 11 U.S.C.A. § 101(31)(E). An affiliate, in turn, is an 'entity that directly or indirectly owns, controls, or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor.' 11 U.S.C.A, § 101(2)(A)." Butler v. David Shaw, Inc., 72 F.3d 437, 441 (4th Cir. 1996). And, as the Fourth Circuit states in Dornier, "[i]n many cases, an insider will be the only party willing to make a loan to a struggling business, and recharacterization should not be used to discourage good faith loans." In re: Dornier Aviation (North America), Inc., 453 F.3d 225, 234 (4th Cir. 2006). Here, many of the claimants have an interest in Cyberlux, or alternatively, Cyberlux and/or Schmidt have an interest in them. For example, Schmidt was President of Atlantic Wave until at least September 2021, and likely maintains, or maintained, an ownership in Atlantic Wave.

Lastly, given the amount of claims and priority of certain Interpleader Defendants, namely the Receiver, the United States, and a portion of Legalist's claim, Cyberlux's entitlement to any of the Corpus falls to the last position.

5. The Receiver's Position.

As set forth above, in the Order, and the Receiver's time with Cyberlux and the various creditors, the Receiver is entitled to not only his fee, but is also in the best position to handle the Corpus. The Order pre-dates the instant litigation and permits this Court, or any court, the authority to expand the Receivership and allow the Receiver to satisfy the claims of creditors. The Receiver has caused the Corpus to be available, and despite constant litigation across the country, has stopped Cyberlux from getting its hands on the Corpus. Through all Cyberlux's filings and attempts to obtain the Corpus and rid the Receiver, the Receiver has worked diligently for the creditors to ensure the Corpus' availability. For over fifteen (15) months, the Receiver has gained

EXHIBIT A-4

detailed knowledge regarding Cyberlux and its creditors, legitimate and otherwise. As a matter of law, the Order provides the means and parameters for the Receiver to distribute the Corpus. The Receiver is prepared to take the Corpus and ensure the legitimate creditors receive their share. However, the Order and the actions taken by the Receiver to allow the Corpus to be available provide the Receiver a priority claim for his fees and costs, akin to a bankruptcy trustee.

CONCLUSION

The record in the instant action, and status of the Receiver under Texas law, demonstrates that the Receiver has priority to receive the Corpus for distribution to creditors pursuant to the receivership, or, at a minimum, his share of the Corpus for fees and costs in the amount of $5,934,234.39. For the reasons set forth herein, and during any oral argument, the Receiver is entitled to summary judgment.

Dated: April 15, 2026

ROBERT W. BERLETH, as RECEIVER

s/ Robert N. Drewry Vernon E. Inge, Jr. (Va. Bar No. 32699) Robert N. Drewry (Va. Bar No. 91282) Whiteford, Taylor & Preston, L.L.P. Two James Center 1021 East Cary Street, Suite 2001 Richmond, Virginia 23219

Telephone:

804.977.3301

Facsimile:

804.977.3291

E-Mail: vinge@whitefordlaw.com

rdrewry@whitefordlaw.com

Unofficial Copy Office of Marilyn Burgesso Strict Clark

Counsel for the Appointed Receiver, Robert Berleth, as Receiver for Cyberlux Corp.

EXHIBIT A-4

CERTIFICATE OF SERVICE

I hereby certify that on April 15, 2026, the foregoing was electronically filed with the Clerk of Court using the CM/ECF System, which will then send the document and notification of such filing (NEF) to all counsel of record.

Unofficial Copy Office of Marilyn Burgess District Clerk

/s/ Robert N. Drewry

FRANCISCO V. AGUILAR Secretary of State

DEPUTY BAKKEDAHL Deputy Secretary for Commercial Recordings

STATE OF NEVADA

THE GREAT SEAL OF THE STATE O ALL FOR OUR COUNTRY

NEVADA

OFFICE OF THE SECRETARY OF STATE

EXHIBIT A-5

Commercial Recordings & Notary Division 401 N. Carson Street Carson City, NV 89701 Telephone (775) 684-5708 Fax (775) 684-7138 North Las Vegas City Hall 2250 Las Vegas Blvd North, Suite 400 North Las Vegas, NV 89030 Telephone (702) 486-2880 Fax (702) 486-2888

Legalist Inc. 58 West Portal Ave #747 San Francisco, CA 94127, USA

Work Order #: W2024040101722 April 1, 2024 Receipt Version:

Special Handling Instructions:

Submitter ID: 557700

Charges

Description

Fee Description

Filing Number

Filing Date/Time

Filing Status

Qty

Price

Amount

UCC-1

Fees

2024395945-0

4/1/2024 1k49:44 AM

Approved

$30.00

$30.00

Total

$30.00

Payments

Type

Description

Payment Status

Amount

Credit Card

Success

$30.00

Credit Card

Service Fee

Success

$0.75

Total

$30.75

Credit Balance:

$0.00

Legalist Inc. 58 West Portal Ave #747 San Francisco, CA 94127, USA

FRANCISCO V. AGUILAR Secretary of State

DEPUTY BAKKEDAHL Deputy Secretary for Commercial Recordings

STATE OF NEVADA

ALL FOR OUR COUNTRY

NEVADA

OFFICE OF THE SECRETARY OF STATE

Commercial Recordings Division 401 N. Carson Street Carson City, NV 89701 Telephone (775) 684-5708 Fax (775) 684-7138 North Las Vegas City Hall 2250 Las Vegas Blvd North, Suite 400 North Las Vegas, NV 89030 Telephone (702) 486-2880 Fax (702) 486-2888

Filing Acknowledgement

April 1, 2024 11:49 AM

Work Order Number W2024040101722 Filing Description UCC-1

Debtors CYBERLUX CORPORATION

Secured Parties LEGALIST SPV III, LP

Initial Filing Number 2024395945-0

Document Filing Number

2024395945-0

800
PARK OFFICES DR., STE. 3209 RESEARCH TRIANGLE PARK, NC 27709
58
WEST PORTAL AVE. NO. 747 SAN FRANCISCO, CA 94127

The Nevada Secretary of State, Uniform Commercial Code Division has filed the attached documents. The filing number, date, and time are shown on each document. The filing number can be used to reference the document in the future.

Unofficial Copy Office of medi arilynoBurMuss District Clerk

UCC FINANCING STATEMENT FOLLOW INSTRUCTIONS

A. NAME & PHONE OF CONTACT AT FILER (optional)

Legalist Inc. 415-570-7878

B. E-MAIL CONTACT AT FILER (optional)

info@legalist.com

C. SEND ACKNOWLEDGMENT TO: (Name and Address)

Legalist, Inc.

58
West Portal Ave #747

San Francisco, CA 94127, USA

ALL ASSETS Unofficial Cony Officesaf MailyangOSS Direct Clerk —

Filed in the Office of FAquelas Secretary of State State Of Nevada

Initial Filing Number 2024395945-0

Filed On April 1, 2024 11:49 AM

Number of Pages 1

1.
DEBTOR'S NAME: Provide only one Debtor name (1a or 1b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name); if any part of the Individual Debtor's name will not fit in line 1b, leave all of item 1 blank, check here :unselected: and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

OR

1a. ORGANIZATION'S NAME CYBERLUX CORPORATION

1b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

1c. MAILING ADDRESS 800 PARK OFFICES DR., STE. 3209

CITY RESEARCH TRIANGLE PARK

STATE

POSTAL CODE

COUNTRY

NC

USA

2.
DEBTOR'S NAME: Provide only one Debtor name (2a or 2b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name); if any part of the Individual Debtor's name will not fit in line 2b, leave all of item 2 blank, check here :unselected: and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

2a. ORGANIZATION'S NAME

OR

2b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

2c. MAILING ADDRESS

STATE

POSTAL CODE

COUNTRY

3.
SECURED PARTY'S NAME (or NAME of ASSIGNEE of ASSIGNOR SECURED PARTY): Provide only one Secured Party name (3a or 3b)

3a. ORGANIZATION'S NAME

LEGALIST SPV III, LP

OR

3b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

3c. MAILING ADDRESS

CITY

STATE

POSTAL CODE

COUNTRY

58
WEST PORTAL AVE. NO. 747

SAN FRANCISCO

CA

USA

4.
COLLATERAL: This financing statement covers the following collateral:
5.
Check only if applicable and check only one box: Collateral is :unselected: held in a Trust (see UCC1Ad, item 17 and Instructions) :unselected: being administered by a Decedent's Personal Representative

6a. Check only if applicable and check only one box: :unselected: Public-Finance Transaction :unselected: Manufactured-Home Transaction :unselected: A Debtor is a Transmitting Utility

6b. Check only if applicable and check only one box: :unselected: Agricultural Lien :unselected: Non-UCC Filing

7.
ALTERNATIVE DESIGNATION (if applicable): :unselected: Lessee/Lessor :unselected: Consignee/Consignor :unselected: Seller/Buyer :unselected: Bailee/Bailor :unselected: Licensee/Licensor
8.
OPTIONAL FILER REFERENCE DATA:

CAUSE NO. 2024-48085

ATLANTIC WAVE HOLDINGS, LLC AND SECURE COMMUNITY, LLC,

PLAINTIFFS/JUDGMENT-CREDITORS,

V.

CYBERLUX CORPORATION AND MARK § SCHMIDT, INDIVIDUALLY, §

DEFENDANTS/JUDGMENT-DEBTORS.

§ IN THE DISTRICT COURT OF

§

§

§

§ § 129TH JUDICIAL DISTRICT

§

§

§ HARRIS COUNTY, TEXAS

DECLARATION OF BRIAN STOUT

declaration, which is based on my personal knoyears of age and competent to make this

2.
I work for Legalist SPV III, LP ("Legalist) as Investment Lead of Government Receivables. I have held this position since February 2024.
3.
On March 27, 2024, Legalist entered into a Government Purchase Order Financing Agreement with Cyberlux, whereby Legalist would provide a line of credit for Cyberlux to fund operational expenses (the "Financing Agreement").
4.
Beginning in April 2024, Legalist made a number of capital advances to Cyberlux under the Financing Agreement, including by wiring $3,083,639.75 to the Receiver in the instant action for the purpose of satisfying the underlying judgment and terminating the receivership.
5.
As of May 26, 2026 Cyberlux's total indebtedness to Legalist is $13,997,282.46. A true and correct copy of a Payoff Statement identifying Cyberlux's indebtedness as of May 26, 2026, is attached hereto as Exhibit B-1.
I declare under penalty of perjury that the foregoing is true and correct.

Executed on May 28, 2026, in New London

County, State of Connecticut .

Signed by: Brian Stout

3F53FA174222434. Brian Stout

EXHIBIT B D docusign
Certificate Of Completion

Envelope Id: DD19B469-CFCA-82C2-828C-251AA836C7A8 Subject: Complete with Docusign: Declaration of Brian Stout (1).pdf Source Envelope: Document Pages: 1 Signatures: 1 Certificate Pages: 1 Initials: 0

AutoNav: Disabled

EnvelopeId Stamping: Disabled Time Zone: (UTC-08:00) Pacific Time (US & Canada)

Status: Completed

Envelope Originator: Brian Stout 58 West Portal Ave #747 San Francisco, CA 94127 brian.stout@legalist.com IP Address: 47.164.27.91

Record Tracking

Status: Original 5/28/2026 8:22:28 AM

Holder: Brian Stout

brian.stout@legalist.com

Signer Events

Signature

Timestamp

Brian Stout brian.stout@legalist.com Portfolio Manager

Brian Stout 3F53FA174222434 ...

Sent: 5/28/2026 8:22:38 AM Viewed: 5/28/2026 8:22:44 AM

Legalist, Inc.

Signature Adoption: Pre-selected Style Using IP Address: 47.164.27.91

Electronic Record and Signature Disclosure: Not Offered via Docusign

In Person Signer Events

Signature

Timestamp

Editor Delivery Events

Status

Timestamp

Agent Delivery Events

Status

Timestamp

Intermediary Delivery Events

Status

Timestamp

Certified Delivery Events

Status

Timestamp

Carbon Copy Events

Status

Timestamp

Witness Events

Signature

Timestamp

Notary Events

Signature

Timestamp

Envelope Summary Events

Status

Timestamps

Envelope Sent Certified Delivered Signing Complete

Hashed/Encrypted

5/28/2026 8:22:38 AM

Security Checked

5/28/2026 8:22:44 AM

Security Checked

5/28/2026 8:23:08 AM

Completed

Security Checked

5/28/2026 8:23:08 AM

Payment Events

Status

Timestamps

Unofficial Cop% duffice of Marilyn Burgess To, mas ic les fej um

Signed: 5/28/2026 8:23:08 AM Freeform Signing

Security Level: Email, Account Authentication (None)

Signed by:

Legalist

May 26th, 2026

Borrower: Cyberlux, Inc.

PAYOFF STATEMENT

Period Ending

05/26/26 dler

Principal

$10,033 639.75 Dista

Unpaid Interest

:selected: :selected: $3,176,212.23

Commitment Fee

$112,500.00

Forbearance Fees

:selected: :selected: $53,000.00

Paid Legal Fees Burgess

$411,743.60

Unpaid Legal Fees Marlyn

$210,186.88

Total Balance

$13,997,282.46

May 2026 Per Diem Unofficial Wappy Offen of

$6,740.22

The balance listed above is the total balance due to Legalist, Inc. and/or its affiliates ("Lender") through May 26th, 2026 to fully and finally satisfy all loan obligations through such date.

If you have any questions about this matter, please do not hesitate to contact us.

Legalist

Schedule A

Currency

USD

Bank name

Silicon Valley Bank

Bank address

3003
Tasman Drive, Santa Clara, CA 95054

ABA/Routing number

Beneficiary account

Legalist SPV III, LP

Account address

58
West Portal Ave No. 747 San Francisco, CA 94127

Account number

SWIFT code

Reference

CYBLX Final Payoff

Support: Prior to wire transmission, please contact the following for payment instruction verification:

:selected: · Mike Battillo at mike@legalist.com or (415) 429-2297

Unofficial Copy Office of Marilyn Bar

Automated Certificate of eService

This automated certificate of service was created by the efiling system. The filer served this document via email generated by the efiling system on the date and to the persons listed below. The rules governing certificates of service have not changed. Filers must still provide a certificate of service that complies with all applicable rules.

Austin Priddy on behalf of Austin Priddy Bar No. 24098284 austin.priddy@vkhh.com Envelope ID: 115503041

Filing Code Description: No Fee Documents Filing Description: Legalist's Response to Receiver's Final Account Status as of 5/29/2026 3:09 PM CST

Case Contacts

Name

BarNumber

Email

TimestampSubmitted

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Ashish Mahendru

amahendru@thelitigationgroup.com

5/29/2026 1:16:35 PM

SENT

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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shawn@gradycollectionlaw.com

5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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5/29/2026 1:16:35 PM

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Austin Priddy on behalf of Austin Priddy Bar No. 24098284 austin.priddy@vkhh.com Envelope ID: 115503041

Filing Code Description: No Fee Documents

Filing Description: Legalist's Response to Receiver's Final Account Status as of 5/29/2026 3:09 PM CST

Case Contacts

Bernadette Martin

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5/29/2026 1:16:35 PM

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Austin Priddy on behalf of Austin Priddy Bar No. 24098284 austin.priddy@vkhh.com Envelope ID: 115503041

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Jnofficial Copy Office aceite Burgess DistricanClerk

Original source file

Open source
File
Legal Declaration with Exhibits - Austin Priddy, Counsel for Legalist SPV III, LP
Source UID
source:5399a90aa435a15e4d1fcece089f8d1af3c1d5b51a8754e09ff732495c5c6fda
Full SHA-256
5399a90aa435a15e4d1fcece089f8d1af3c1d5b51a8754e09ff732495c5c6fda