Evidence Record

Fn Awh Ucc1 Virginia Schmidt Cyberlux 20230706

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...

Type: document
Pages: 2
Lines: 196
SHA-256: 4e2bb2a3d2d5

DISTIL analysis

DISTIL Run

Profile

Standard

Version

Doc Type

UCC-1 Financing Statement

Total Nodes

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

UCC-1 Financing Statement Virginia State Corporation Commission Commercial secured transaction filing establishing security interest in debtor assets 2023-07-06

all_assets_pledgesubsidiary_includeddrone_technology_assetsintellectual_property_collateral

Analytical Frame

Corporate debt security and asset encumbrance analysis

Analytical Summary

On July 6, 2023, Atlantic Wave Holdings, LLC and Secure Community, LLC filed a UCC-1 financing statement with the Virginia State Corporation Commission establishing comprehensive security interests in all assets of two debtors: Mark D. Schmidt (individual) and Cyberlux Corporation. The collateral encompasses an expansive all-assets pledge including inventory, equipment, accounts, intellectual property (specifically noting drone-related assets), and critically, all subsidiaries of Cyberlux Corporation including Catalyst Machineworks, LLC. This filing pattern—combining individual and corporate debtors with identical addresses, paired with blanket asset coverage and explicit subsidiary inclusion—suggests a consolidated debt restructuring or acquisition financing scenario where personal guarantees are layered with corporate obligations. The dual secured party structure may indicate syndicated lending or multiple creditor coordination.

Key Points

Atlantic Wave Holdings, LLC and Secure Community, LLC are secured parties holding collateral interests
Debtors are Mark D. Schmidt (individual) and Cyberlux Corporation (entity), both sharing same NC address
Collateral covers all current and future assets including inventory, equipment, accounts, IP, and specifically drone-related assets
Cyberlux Corporation's subsidiary Catalyst Machineworks, LLC is explicitly included in collateral pledge
Filing executed through Virginia State Corporation Commission on July 6, 2023
All-assets security interest encompasses accounts receivable, intellectual property, goodwill, and insurance proceeds

Stage 2

Core — Entities, Events, Claims

11 nodes

ENT-001

Entity

Atlantic Wave Holdings, LLC

Atlantic Wave Holdings, LLC - secured party organization with mailing address at 11 S. 12th Street, Richmond, VA 23219

Page 1 — 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 Atlantic Wave Holdings, LLC OR 3b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 3c. MAILING ADDRESS CITY 11 S. 12th Street Richmond STATE VA POSTAL CODE 23219

ENT-002

Entity

Secure Community, LLC

Secure Community, LLC - additional secured party organization with mailing address at 11 S. 12th Street, Richmond, VA 23219

Page 2 — 22. ADDITIONAL SECURED PARTY'S NAME or € ASSIGNOR SECURED PARTY'S NAME: Provide only one name (22a or 22b) 22a. ORGANIZATION'S NAME Secure Community, LLC OR 22b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 22c. MAILING ADDRESS 11 S. 12th Street CITY Richmond STATE VA POSTAL CODE 23219

ENT-003

Entity

Mark D. Schmidt

Mark D. Schmidt - individual debtor with mailing address at 800 Park Offices Drive Suite 3209, Research Triangle Park, NC 27709

ENT-004

Entity

Cyberlux Corporation

Cyberlux Corporation - organization debtor with mailing address at 800 Park Offices Drive Suite 3209, Research Triangle Park, NC 27709

Page 1 — 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 e and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) 2a. ORGANIZATION'S NAME Cyberlux Corporation OR 2b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 2c. MAILING ADDRESS 800 Park Offices Drive Suite 3209 CITY STATE POSTAL CODE COUNTRY Research Triangle Park NC 27709 USA

ENT-005

Entity

Catalyst Machineworks, LLC

Catalyst Machineworks, LLC - subsidiary of Cyberlux Corporation explicitly included in collateral coverage

Page 1 — in the case of Debtor Cyberlux Corporation, all subsidiaries of such Debtor, including without limitation Catalyst Machineworks, LLC.

ENT-006

Entity

Eric Moran Lemmer

Eric Moran Lemmer - contact attorney at Arlington Law Group, 1739 Clarendon Boulevard, Arlington, VA 22209, email: elemmer@arlingtonlawgroup.com

Page 1 — A. NAME & PHONE OF CONTACT AT FILER (optional) Eric Moran Lemmer B. E-MAIL CONTACT AT FILER (optional) elemmer@arlingtonlawgroup.com C. SEND ACKNOWLEDGEMENT TO: (Name and Address) Eric Moran Lemmer 1739 Clarendon Boulevard Arlington, VA 22209 USA

ENT-007

Entity

Virginia State Corporation Commission

Virginia State Corporation Commission - filing office that processed and recorded this UCC-1 financing statement

Page 1 — Office of the Clerk Virginia State Corporation Commission Filing Number: 20230706180859 Filing Date and Time: 7/6/2023 9:03:16 AM

EVT-001

Event

UCC-1 Filing - July 6, 2023

UCC-1 Financing Statement filed with Virginia State Corporation Commission on July 6, 2023 at 9:03:16 AM, assigned filing number 20230706180859, establishing security interests of Atlantic Wave Holdings, LLC and Secure Community, LLC in assets of Mark D. Schmidt and Cyberlux Corporation

Page 1 — Office of the Clerk Virginia State Corporation Commission Filing Number: 20230706180859 Filing Date and Time: 7/6/2023 9:03:16 AM Total Number of Pages: 2 (Document filed electronically)

CLM-001

Claim

All-Assets Security Interest

Secured parties claim security interest in all current and future assets of both debtors, including inventory, equipment, accounts, intellectual property, accounts receivable, and all subsidiaries of Cyberlux Corporation

Page 1 — 4. COLLATERAL: This financing statement covers the following collateral: All of each Debtor's right, title and interest, whether now owned or hereafter acquired, in all of such Debtor's assets, including without limitation (i) any and all inventory (including without limitation relating to drones), equipment, accounts, chattel paper, contractual rights, instruments, letter-of-credit rights, letters of credit, documents, deposit accounts, money, intellectual property (including without limitation relating to drones), general intangibles, accounts receivable and other rights to payment and performance

CLM-002

Claim

Drone-Related IP Collateral

Security interest explicitly covers inventory and intellectual property relating to drones as part of the collateral package

Page 1 — (i) any and all inventory (including without limitation relating to drones), equipment, accounts, chattel paper, contractual rights, instruments, letter-of-credit rights, letters of credit, documents, deposit accounts, money, intellectual property (including without limitation relating to drones)

CLM-003

Claim

Subsidiary Asset Inclusion

All subsidiaries of Cyberlux Corporation, including specifically Catalyst Machineworks, LLC, are included in the collateral coverage

Page 1 — and (vi) in the case of Debtor Cyberlux Corporation, all subsidiaries of such Debtor, including without limitation Catalyst Machineworks, LLC.

Stage 3

In Situ — Quotations, Tells, Tensions, Questions

5 nodes

TEN-001

Tension

Individual and Corporate Co-Debtor Structure

Mark D. Schmidt is listed as an individual debtor with identical mailing address to Cyberlux Corporation, suggesting personal guarantee or ownership connection, but relationship is not explicitly stated in the filing

Page 1 — 1b. INDIVIDUAL'S SURNAME Schmidt FIRST PERSONAL NAME Mark ADDITIONAL NAME(S)/INITIAL(S) D. SUFFIX 1c. MAILING ADDRESS 800 Park Offices Drive Suite 3209 CITY STATE POSTAL CODE COUNTRY USA Research Triangle Park NC 27709 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 e and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) 2a. ORGANIZATION'S NAME Cyberlux Corporation OR 2b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 2c. MAILING ADDRESS 800 Park Offices Drive Suite 3209 CITY STATE POSTAL CODE COUNTRY Research Triangle Park NC 27709 USA

TEN-002

Tension

Dual Secured Party Configuration

Two separate secured parties (Atlantic Wave Holdings, LLC and Secure Community, LLC) share the same Richmond, VA address and are listed on the same UCC filing, but their relationship and priority structure is not clarified

Page 1, 2 — 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 Atlantic Wave Holdings, LLC OR 3b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 3c. MAILING ADDRESS CITY 11 S. 12th Street Richmond STATE VA POSTAL CODE 23219 COUNTRY USA 22. ADDITIONAL SECURED PARTY'S NAME or € ASSIGNOR SECURED PARTY'S NAME: Provide only one name (22a or 22b) 22a. ORGANIZATION'S NAME Secure Community, LLC OR 22b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 22c. MAILING ADDRESS 11 S. 12th Street CITY Richmond STATE VA POSTAL CODE 23219

QST-001

Question

Schmidt-Cyberlux Ownership Relationship

What is Mark D. Schmidt's relationship to Cyberlux Corporation? Is he an owner, officer, guarantor, or other stakeholder requiring personal liability?

QST-002

Question

Secured Party Relationship and Priority

What is the relationship between Atlantic Wave Holdings, LLC and Secure Community, LLC? Are they co-lenders, senior/subordinate creditors, or affiliated entities?

Page 1, 2 — 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 Atlantic Wave Holdings, LLC 22. ADDITIONAL SECURED PARTY'S NAME or € ASSIGNOR SECURED PARTY'S NAME: Provide only one name (22a or 22b) 22a. ORGANIZATION'S NAME Secure Community, LLC

QST-003

Question

Underlying Transaction Nature

What is the underlying transaction prompting this all-assets security filing? Is this a loan, acquisition financing, debt restructuring, or another form of secured obligation?

Stage 4

Interpretive — Inferences, Omissions, Patterns

6 nodes

INF-001

Inference

Personal Guarantee Scenario

The inclusion of Mark D. Schmidt as an individual debtor alongside Cyberlux Corporation, with identical addresses, strongly suggests he has provided a personal guarantee for corporate obligations, likely as a principal owner or officer of Cyberlux

INF-002

Inference

Affiliated Secured Party Entities

Atlantic Wave Holdings, LLC and Secure Community, LLC sharing the same Richmond address and appearing as secured parties on the same filing suggests they are affiliated entities, possibly under common ownership or part of a lending consortium

Page 1, 2 — 3c. MAILING ADDRESS CITY 11 S. 12th Street Richmond STATE VA POSTAL CODE 23219 COUNTRY USA 22c. MAILING ADDRESS 11 S. 12th Street CITY Richmond STATE VA POSTAL CODE 23219

INF-003

Inference

Drone Technology Business Focus

The explicit mention of drone-related inventory and intellectual property in the collateral description indicates that Cyberlux Corporation's core business involves drone technology development, manufacturing, or distribution

INF-004

Inference

Comprehensive Asset Encumbrance

The blanket nature of the security interest covering all current and future assets, including all subsidiaries, suggests this represents either a high-risk lending scenario requiring maximum collateral or a total asset acquisition financing structure

Page 1 — All of each Debtor's right, title and interest, whether now owned or hereafter acquired, in all of such Debtor's assets, including without limitation (i) any and all inventory (including without limitation relating to drones), equipment, accounts, chattel paper, contractual rights, instruments, letter-of-credit rights, letters of credit, documents, deposit accounts, money, intellectual property (including without limitation relating to drones), general intangibles, accounts receivable and other rights to payment and performance, (ii) any and all furniture, fixtures, attachments, accessions, accessories, fittings, tools, parts, supplies and commingled goods relating to any of the foregoing property, (iii) any and all additions, replacements of and substitutions for all or any part of any of the foregoing property, (iv) any and all insurance proceeds relating to any of the foregoing property, (v) any and all goodwill relating to any of the foregoing property, and (vi) in the case of Debtor Cyberlux Corporation, all subsidiaries of such Debtor, including without limitation Catalyst Machineworks, LLC.

OMI-001

Omission

Missing Debt Amount and Terms

The UCC-1 filing does not disclose the principal amount of the secured obligation, interest rates, maturity dates, or any other financial terms of the underlying debt or security agreement

OMI-002

Omission

No Schmidt Title or Role Specified

While Mark D. Schmidt is listed as a debtor with the same address as Cyberlux Corporation, his official role, title, or ownership stake in the company is not stated in the filing

Page 1 — 1b. INDIVIDUAL'S SURNAME Schmidt FIRST PERSONAL NAME Mark ADDITIONAL NAME(S)/INITIAL(S) D. SUFFIX 1c. MAILING ADDRESS 800 Park Offices Drive Suite 3209

Extracted text

2 pages · 6162 characters

Filing Header

UCC FINANCING STATEMENT FOLLOW INSTRUCTIONS

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

Eric Moran Lemmer

B. E-MAIL CONTACT AT FILER (optional)

elemmer@arlingtonlawgroup.com

C. SEND ACKNOWLEDGEMENT TO: (Name and Address)

Eric Moran Lemmer

1739

Clarendon Boulevard

Arlington, VA 22209 USA

Office of the Clerk Virginia State Corporation Commission Filing Number: 20230706180859 Filing Date and Time: 7/6/2023 9:03:16 AM Total Number of Pages: 2 (Document filed electronically)

THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY

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 e and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

1a. ORGANIZATION'S NAME

1b. INDIVIDUAL'S SURNAME Schmidt

FIRST PERSONAL NAME Mark

ADDITIONAL NAME(S)/INITIAL(S) D.

SUFFIX

1c. MAILING ADDRESS 800 Park Offices Drive Suite 3209

CITY

STATE

POSTAL CODE

COUNTRY USA

Research Triangle Park

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 e and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad)

2a. ORGANIZATION'S NAME Cyberlux Corporation

2b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

2c. MAILING ADDRESS 800 Park Offices Drive Suite 3209

CITY

STATE

POSTAL CODE

COUNTRY

Research Triangle Park

USA

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 Atlantic Wave Holdings, LLC

OR 3b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

3c. MAILING ADDRESS CITY 11 S. 12th Street Richmond

STATE VA

POSTAL CODE 23219

COUNTRY USA

COLLATERAL: This financing statement covers the following collateral:

All of each Debtor's right, title and interest, whether now owned or hereafter acquired, in all of such Debtor's assets, including without limitation (i) any and all inventory (including without limitation relating to drones), equipment, accounts, chattel paper, contractual rights, instruments, letter-of-credit rights, letters of credit, documents, deposit accounts, money, intellectual property (including without limitation relating to drones), general intangibles, accounts receivable and other rights to payment and performance, (ii) any and all furniture, fixtures, attachments, accessions, accessories, fittings, tools, parts, supplies and commingled goods relating to any of the foregoing property, (iii) any and all additions, replacements of and substitutions for all or any part of any of the foregoing property, (iv) any and all insurance proceeds relating to any of the foregoing property, (v) any and all goodwill relating to any of the foregoing property, and (vi) in the case of Debtor Cyberlux Corporation, all subsidiaries of such Debtor, including without limitation Catalyst Machineworks, LLC.

Check only if applicable and check only one box: Collateral is e held in a Trust (see UCC1Ad, item 17 and Instructions) e being administered by a Decedent's Personal Representative

6a. Check only if applicable and check only one box:

6b. Check only if applicable and check only one box:

e Public-Finance Transaction :unselected: :unselected: :unselected: e Manufactured-Home Transaction e A Debtor is a Transmitting Utility

e :unselected: :unselected: Agricultural Lien e Non-UCC Filing

ALTERNATIVE DESIGNATION (if applicable): :unselected: Lessee/Lessor

e :unselected: :unselected: Consignee/Consignor e Seller/Buyer

e :unselected: :unselected: Bailee/Bailor e Licensee/Licensor

OPTIONAL FILER REFERENCE DATA:

UCC FINANCING STATEMENT ADDITIONAL PARTY FOLLOW INSTRUCTIONS

18.

NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check here e

18a. ORGANIZATION'S NAME

18b. INDIVIDUAL'S SURNAME Schmidt

FIRST PERSONAL NAME Mark

ADDITIONAL NAME(S)/INITIAL(S) D.

SUFFIX

THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY

19.

ADDITIONAL DEBTOR'S NAME: Provide only one Debtor name (19a or 19b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name)

19a. ORGANIZATION'S NAME

19b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

19c. MAILING ADDRESS

CITY

STATE

POSTAL CODE

COUNTRY

20.

ADDITIONAL DEBTOR'S NAME: Provide only one Debtor name (20a or 20b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name)

20a. ORGANIZATION'S NAME

20b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

20c. MAILING ADDRESS

CITY

STATE

POSTAL CODE

COUNTRY

21.

ADDITIONAL DEBTOR'S NAME: Provide only one Debtor name (21a or 21b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name)

21a. ORGANIZATION'S NAME

21b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

21c. MAILING ADDRESS

CITY

STATE

POSTAL CODE

COUNTRY

22.

:selected: ADDITIONAL SECURED PARTY'S NAME or € ASSIGNOR SECURED PARTY'S NAME: Provide only one name (22a or 22b)

22a. ORGANIZATION'S NAME Secure Community, LLC

22b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

22c. MAILING ADDRESS 11 S. 12th Street

CITY Richmond

STATE VA

POSTAL CODE 23219

COUNTRY USA

23.

e ADDITIONAL SECURED PARTY'S NAME or ASSIGNOR SECURED PARTY'S NAME: Provide only one name (23a or 23b)

23a. ORGANIZATION'S NAME

23b. INDIVIDUAL'S SURNAME

FIRST PERSONAL NAME

ADDITIONAL NAME(S)/INITIAL(S)

SUFFIX

23c. MAILING ADDRESS

CITY

STATE

POSTAL CODE

COUNTRY

24.

MISCELLANEOUS:

Original source file

No source file is attached yet. The record is ready for the PDF/media link when the attachment importer is connected.

File: fn-awh-ucc1-virginia-schmidt-cyberlux-20230706.pdf
Source UID: source:4e2bb2a3d2d5c4246d1487acad60418e28e1f403682f42429bea3bdb745ccb74
Full SHA-256: 4e2bb2a3d2d5c4246d1487acad60418e28e1f403682f42429bea3bdb745ccb74

DISTIL analysis

Extracted text

Fn Awh Ucc1 Virginia Schmidt Cyberlux 20230706 — Formatted Extract

Original source file