Q/C Technologies ends Shkreli-linked consulting deal
Q/C Technologies ends two consulting agreements and announces the same-day resignation of director Chelsea Voss, which it states did not arise from any disagreement.
Rhea-AI Filing Summary
Q/C Technologies, Inc. (QCLS) reports that on September 10, 2026 it mutually terminated two consulting agreements, one with Chelsea Voss and one with Ocean Avenue Holdings LLC, an entity affiliated with Martin Shkreli, with both terminations effective immediately.
On the same date, Chelsea Voss resigned from the company’s Board of Directors. The company states that her resignation was not the result of any disagreement with its operations, policies, or practices. An exhibit lists the cover page interactive data file formatted as Inline XBRL.
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8-K Event Classification
3 items: 1.02, 5.02, 9.01
3 items
Item 1.02
Termination of a Material Definitive Agreement
Business
A significant contract was terminated, which may affect business operations or revenue.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Consulting agreement termination date: September 10, 2026
Director resignation date: September 10, 2026
Exhibit number: 104
3 metrics
Consulting agreement termination date
September 10, 2026
Mutual termination date of consulting agreements with Chelsea Voss and Ocean Avenue Holdings LLC
Director resignation date
September 10, 2026
Date Chelsea Voss resigned from the Board of Directors
Exhibit number
104
Cover Page Interactive Data File (Inline XBRL) listed as an exhibit
Key Terms
material definitive agreement, Emerging growth company, Inline XBRL
3 terms
material definitive agreement regulatory
"Item 1.02 Termination of a Material Definitive Agreement"
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Emerging growth company regulatory
"Emerging growth company Item 1.02"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File (formatted as Inline XBRL)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreements did QCLS terminate on September 10, 2026?
The company mutually terminated two consulting agreements effective September 10, 2026: one with Chelsea Voss dated January 16, 2026, and one with Ocean Avenue Holdings LLC, an entity affiliated with Martin Shkreli, dated December 8, 2025.
Did QCLS director Chelsea Voss resign, and when?
Yes. Chelsea Voss resigned as a member of Q/C Technologies’ Board of Directors on September 10, 2026. The company states that her resignation was not due to any disagreement with its operations, policies, or practices.
Were the terminations of the QCLS consulting agreements effective immediately?
Yes. Both the consulting agreement with Chelsea Voss and the consulting agreement with Ocean Avenue Holdings LLC were mutually terminated effective immediately on September 10, 2026.
Is there any disclosed disagreement behind Chelsea Voss’s resignation from QCLS?
The company states that Chelsea Voss’s resignation from the Board of Directors was not the result of any disagreement with the operations, policies or practices of Q/C Technologies, Inc.
What exhibit did QCLS file with this Form 8-K?
The filing includes Exhibit 104, described as the Cover Page Interactive Data File, formatted as Inline XBRL.
AI-generated analysis. How Rhea-AI works. Not financial advice.
